Tag: market
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...
CADCHF Shows Signs of Reversal, Eyeing Bullish Correction – Forecast for 11-12-2024
Jennifer -
The CADCHF pair gained upward momentum this morning, surpassing the previously broken support level of 0.6203 and rising to 0.6236. This move suggests the...
Nippon Life to Acquire Resolution Life in $8.2 Billion Deal to Strengthen U.S. Presence
Jennifer -
Nippon Life Insurance, Japan's largest insurer, has announced plans to acquire the remaining shares it does not already own in Resolution Life Group Holdings...
New Hedge Fund Launches Set to Hit 24-Year Low, Preqin Reports
Jennifer -
The number of new hedge fund launches is expected to reach a 24-year low by the end of 2024, according to hedge fund research...
European Stocks Fall Amid Disappointing Corporate Reports and Inflation Data Wait
Jennifer -
European stocks faced a decline on Wednesday, retreating from multi-week highs as investors reacted to a series of disappointing corporate earnings updates and awaited...
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...
Silver Price Surpasses Target and Eyes Further Gains: Forecast for December 10, 2024
Jennifer -
Silver prices have surged, surpassing the first target at $31.63 and reaching the second target at $32.20. A closer look at the chart reveals...
EURJPY Faces Resistance and Declines – Forecast for 09 December 2024
Jennifer -
The EURJPY pair reached its correctional positive target at 159.57 last Friday, but faced strong resistance at this level, resulting in a reversal and...
GBPJPY Continues Negative Trend – Forecast for 09 December 2024
Jennifer -
The GBPJPY pair has confirmed its bearish bias with consecutive negative closes below the key resistance at 192.80, along with additional resistance at 192.00....
Platinum Price Begins Decline – Forecast for 09 December 2024
Jennifer -
Platinum prices have begun to decline, influenced by negative factors such as persistent stability below the $950.00 resistance level and bearish momentum indicated by...
Copper Price Faces Negative Momentum – Forecast for 09 December 2024
Jennifer -
Copper prices have started to exhibit negative momentum, maintaining stability below the $4.2000 resistance level. This reinforces the likelihood of further downward movement, in...
AUDUSD Price Forecast Update – 09 December 2024
Jennifer -
The AUDUSD pair is showing strong upward momentum, heading towards a critical resistance level at $0.6470. As noted earlier, for the bearish outlook to...