Tag: currency
EURCHF Surpasses Key Resistance Level, Eyes Further Gains – Market Outlook for 30th December 2024
Jennifer -
The EURCHF currency pair has been buoyed by positive momentum, recently breaking through the 0.9380 mark. This rally comes amid heightened pressure from stochastic...
Central Banks and Sovereign Funds Increase Crypto Reserves
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The rapid rise in the valuation of digital currencies has caught the attention of sovereign investors and central banks, prompting a significant shift in...
South Korean Won-Dollar Exchange Rate Surpasses 1480, Financial Supervisory Service Offers Full Support for Exporters
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The South Korean won has continued its downward trend, surpassing the 1480 mark against the U.S. dollar, prompting the Financial Supervisory Service (FSS) to...
CADCHF Remains Bearish – Market Outlook for December 27, 2024
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The CADCHF currency pair remains on a bearish trajectory despite some positive movement earlier today, with fluctuations around the 0.6250 mark. This brief uptick...
U.S. Stocks Rally, Dow Jones Up 0.91%
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U.S. stocks closed higher on Tuesday, buoyed by strong gains in the Consumer Goods, Consumer Services, and Financials sectors. The Dow Jones Industrial Average...
GBPJPY Remains Bullish – Forecast for December 23, 2024
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The GBPJPY currency pair has confirmed its continued bullish momentum, closing above the 195.85 level, which now serves as a support zone for further...
EURJPY Poised for Further Upside – Forecast for December 23, 2024
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The EURJPY currency pair has shown limited movement since Friday, with price action largely fluctuating sideways around the 163.40 level. Despite this consolidation, it...
AUDCAD Under Negative Pressure – Forecast for December 23, 2024
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The AUDCAD currency pair has recently encountered significant resistance near the 0.9100 level, which has contributed to a continuation of negative momentum. This resistance,...
NZD/CAD Price Forecast Update – December 20, 2024
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The NZD/CAD currency pair has recently experienced significant negative pressure, resulting in multiple bearish waves and a break below the 0.8145 level, which represents...
EUR/USD Price Forecast Update – December 20, 2024
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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
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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
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The CHFJPY currency pair has maintained its upward momentum, benefiting from positive signals from the stochastic oscillator. The pair is now pressing against the...