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GBP/USD Forecast Update – December 19, 2024

The GBP/USD is showing positive movement, testing the key resistance level at $1.2615 and attempting to break through it. This creates a cautious outlook...

Gold Price Forecast Update – December 19, 2024

Gold prices have been fluctuating around the $2615.00 mark since this morning, as the market awaits negative momentum to resume the expected bearish trend...

Brent Oil Price Forecast Update – December 19, 2024

Brent oil prices have remained relatively stable since the morning, with no significant movement observed. As a result, the bearish trend scenario remains intact...

Bitcoin Price (BTCUSD) Faces Negative Pressures – Forecast for Today (18-12-2024)

Bitcoin (BTCUSD) has experienced a downward bounce after reaching the $108,350.00 area, breaking the intraday bullish channel's support line. This signals a temporary bearish...

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...

Brent Oil Price Receives Positive Momentum – Forecast for December 17, 2024

Brent oil price is fluctuating around the critical support level of $73.90. As mentioned in yesterday's analysis, maintaining price levels above this support is...

EURJPY Encounters Strong Resistance – Forecast for December 17, 2024

The EURJPY pair has halted its recent bullish momentum after hitting a significant resistance at 162.40. This level marks the completion of the previously...

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...

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...

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