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Gold Price Breaks Minor Support – Forecast for Today (18-12-2024)

Gold prices have broken the intraday bullish trend line and settled below it, reinforcing expectations for the continuation of the bearish trend on an...

Crude Oil Price Under Negative Pressure – Forecast for Today (18-12-2024)

Crude oil prices have continued to experience downward pressure, with the price approaching the $69.00 barrier. The market is now eyeing further declines, potentially...

Bitcoin Price (BTCUSD) Continues to Reach Historical Highs – Forecast for December 17, 2024

Bitcoin (BTCUSD) recorded fresh positive gains yesterday, reaching the $108,000 level, while moving within a minor bullish channel. This strengthens the possibility of further...

Gold Prices Hold Steady Ahead of Key Central Bank Meetings

Gold prices saw little movement in Asian trading on Tuesday, with investors adopting a cautious stance ahead of a series of crucial central bank...

Alibaba to Sell Intime Department Store Chain for $1.3 Billion Loss Amid Restructuring Efforts

Alibaba Group announced on Tuesday that it will sell its Chinese department store unit, Intime, at a loss of $1.3 billion as part of...

Japan Stocks Lower at Close; Nikkei 225 Down 0.13%

Tokyo, Japan – Japanese stocks ended lower on Tuesday, with the Nikkei 225 slipping by 0.13%, as losses in the Shipbuilding, Warehousing, and Precision...

Brazilian Digital Lender Nubank Invests $150 Million in Tyme Group

Sao Paulo, Brazil – Nubank, the prominent Brazilian digital bank, has announced a significant investment of $150 million in Tyme Group, a fast-growing digital...

Bitcoin (BTC/USD) Price Forecast – December 16, 2024

Bitcoin (BTC/USD) has opened today with a strong upward move, surpassing our initial target at $104,060 and reaching the second target at $106,000. We...

EUR/JPY Forecast – December 16, 2024

The EUR/JPY pair has successfully surpassed the 161.10 resistance level last Friday, achieving additional gains by reaching 161.98 and approaching the resistance line of...

Gold Price Forecast – December 16, 2024

Gold prices have shown limited movement so far today, with a potential for slight bullish bias due to the current positive momentum from stochastic...

Silver Price Forecast – December 16, 2024

Silver prices are currently testing the key resistance level at $30.63, which warrants caution for upcoming trading. To maintain the bearish outlook, the price...

Brent Oil Price Forecast – December 16, 2024

Brent crude oil prices are currently showing some bearish sentiment, but the market is awaiting positive momentum that could help resume the expected bullish...

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