Tag: currency
EUR/USD Price Forecast Update – December 20, 2024
Jennifer -
The EUR/USD currency pair is showing new positive momentum, approaching the 1.0400 level once again. This development warrants caution in the upcoming trades. If...
GBP/USD Forecast Update – December 20, 2024
Jennifer -
The GBP/USD currency pair has found solid support at the previously breached resistance of the bearish channel, which suggests the potential for a continuation...
CHFJPY Continues to Test Key Resistance Level – Forecast for December 17, 2024
Jennifer -
The CHFJPY currency pair has maintained its upward momentum, benefiting from positive signals from the stochastic oscillator. The pair is now pressing against the...
Bearish Bets on Asian Currencies Rise Amid US Tariff Concerns
Jennifer -
Bearish sentiment surrounding Asian currencies has intensified, with short positions on the South Korean won and the Indian rupee reaching their highest levels in...
GBPJPY Reaches Second Target, Bullish Outlook Continues – Forecast for 12-12-2024
Jennifer -
The GBPJPY currency pair maintained its positive momentum, advancing further to hit the second target at 194.80. Following this, a temporary negative fluctuation occurred,...
EURJPY Reaches Target, Bullish Momentum Expected to Continue – Forecast for 12-12-2024
Jennifer -
The EURJPY currency pair resumed its upward momentum yesterday after testing the extended support line at 158.80, triggering a strong bullish rally that led...
Bitcoin Price (BTCUSD) Attempts Recovery – Forecast for 11-12-2024
Jennifer -
Bitcoin (BTCUSD) continued its decline yesterday, approaching the target of $93,405. Currently, the cryptocurrency is showing a bullish bias as it tests the EMA50,...
Indonesia’s IDX Composite Index Closes Higher, Gaining 0.37%
Jennifer -
Indonesia's stock market closed on a positive note on Wednesday, with the IDX Composite Index rising 0.37%, reaching a new one-month high. The upward...
GBP/JPY Resumes Upward Momentum, Eyeing Key Resistance Levels: Forecast for December 10, 2024
Jennifer -
The GBP/JPY currency pair has continued its bullish correction, supported by the 38.2% Fibonacci retracement level at 190.70. This support, along with positive momentum...
EUR/JPY Breaks Resistance, Signals Bullish Trend: Forecast for December 10, 2024
Jennifer -
The EUR/JPY currency pair has resumed an upward trajectory, breaking through the resistance level at 159.05. This move has propelled the pair toward 160.00,...
EUR/CHF Remains in Bearish Territory: Forecast for December 10, 2024
Jennifer -
The EUR/CHF currency pair continues to exhibit bearish momentum, maintaining its position below the main downward channel's resistance level of 0.9305. This trend suggests...
Ethereum Price Forecast Update: Bullish Outlook Continues
Jennifer -
Ethereum (ETHUSD) is showing positive momentum, with the cryptocurrency making a strong push towards breaking the $3,900 barrier. This movement supports the continuation of...