Tag: currency
Bitcoin Price Forecast: Continued Decline on November 5, 2024
Jennifer -
Bitcoin (BTCUSD) has resumed its downward trajectory, recently reaching the $67,000 mark. This movement reinforces expectations of a persistent bearish trend in the short...
Bitcoin Price Update: Continued Decline and Forecast for November 1, 2024
Jennifer -
The price of Bitcoin (BTCUSD) continues to experience downward pressure, achieving the negative target of $69,605 outlined in our previous technical analysis. The cryptocurrency...
EURNZD Price Update: Bullish Breakthrough and Forecast for November 1, 2024
Jennifer -
The EURNZD currency pair has successfully resumed its bullish momentum, breaking through the resistance level at 1.8150. This move confirms a shift towards a...
CHFJPY Price Analysis and Forecast – October 31, 2024
Jennifer -
The CHFJPY currency pair has consistently closed below the 177.25 level, increasing the likelihood of triggering the previously suggested corrective bearish trend. The stochastic...
Nifty IT Down Over 3%: Factors Behind the Decline in IT Stocks
Jennifer -
The Indian stock market's Nifty IT index experienced a notable downturn on Thursday, falling by nearly 3.5%. This decline in the IT sector can...
EURJPY Breaks Through Resistance – Forecast for October 28, 2024
Jennifer -
The EURJPY currency pair has successfully overcome negative pressures, creating a price gap that allowed it to surpass the 164.75 barrier. The pair has...
EURNZD Exhibits Positive Momentum – Forecast for October 28, 2024
Jennifer -
The EURNZD currency pair has shown renewed bullish momentum, with recent price movements indicating an upward trend. Following a rally in the stochastic indicator...
How is Gold Weighed in Taiwan?
Jennifer -
Gold, a timeless symbol of wealth and prosperity, has been used for centuries as a currency and a store of value. In Taiwan, like...
What is a Bear in Forex Trading?
Jennifer -
In the realm of forex trading, market sentiment plays a crucial role in influencing currency values. Traders and investors must constantly analyze market conditions,...
Where Is Blockchain Used Other Than Cryptocurrency?
Jennifer -
Blockchain technology has gained significant attention in recent years, primarily due to its association with cryptocurrencies like Bitcoin and Ethereum. However, the potential applications...
Stocks Waver on US Election Risks, Yen Advances: Markets Wrap
Jennifer -
Global equities are facing a cautious tone as investors grapple with growing concerns around the U.S. presidential election and China’s economic outlook. Following a...
EUR/USD Price Forecast Update – October 23, 2024
Jennifer -
The EUR/USD currency pair is exhibiting further bearish momentum, successfully reaching the anticipated target of $1.0780. A breakout below this level is suggested to...