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Asian Stocks Drop, Hong Kong Tech Rally Pulls Back as Geopolitical Concerns Mount: Markets Wrap

Equity markets across Asia experienced a decline on Thursday as rising concerns over shifting U.S. geopolitical priorities dampened risk sentiment. The Asian stock index...

Gold Price Shows Mixed Trades – February 21, 2025 Forecast

Gold prices have rebounded with positive trades following the decline observed in previous sessions. According to the channel’s trading rules, the price is now...

Crude Oil Price Faces Negative Pattern – February 21, 2025 Forecast

Crude oil prices saw a rise yesterday, reaching the 72.65$ mark. Holding above 72.30$ continues to support the possibility of further gains in the...

EURJPY Attempts to Recover Losses – February 21, 2025 Forecast

The EURJPY has shown signs of a corrective recovery, moving above the 157.30 level and attempting to...

GBPCHF Struggles to Maintain Upward Momentum – February 21, 2025 Forecast

The GBPCHF has encountered challenges in sustaining its upward momentum, with frequent consolidation below the 1.1420 mark...

Gold Price Set to Reach New Historical Highs – Forecast for February 20, 2025

Gold prices experienced brief negative pressure yesterday, approaching the support line of the minor bullish channel on...

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Oil Prices Rise on China Stimulus Measures and US Stockpile Decline

Oil prices surged on Thursday, driven by expectations that China’s new stimulus measures could boost demand, alongside a report showing a continued decline in...

Japan Airlines Hit by Cyberattack, Shares Drop

Japan Airlines Co. (TYO:9201) revealed on Thursday that it was the target of a cyberattack, which caused significant disruptions to both domestic and international...

CADCHF Remains Bearish – Market Outlook for December 27, 2024

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...

Japan’s Comedian-Turned-Investor Launches New Fund with Ex-Goldman “Stock Geek”

In a surprising turn of events, a former comedian and a self-proclaimed "stock otaku" have joined forces to launch a new stock fund in...

Taiwan Stocks Close Higher; Taiwan Weighted Index Up 0.07%

Taiwan's stock market closed higher on Wednesday, buoyed by gains in the Electronic Products Distribution, Machinery, and Rubber sectors. The Taiwan Weighted Index rose...

Taiwan Blocks Uber’s $950 Million Acquisition of Foodpanda Over Anti-Competition Concerns

Taiwan has blocked Uber Technologies' $950 million acquisition of Foodpanda’s operations on the island, citing anti-competition concerns, according to a report by Taiwan's official...

Brent Oil Price Faces Temporary Pressure, Sideways Movement Expected – Forecast for Today – 24 December 2024

Brent oil prices experienced a decline yesterday, reaching the 72.06 support level, before rebounding to trade around the 73.00 mark. The price may test...

AUDUSD Price Breaks Support, Negative Trend Expected to Continue – Forecast for Today – 24 December 2024

The AUDUSD price opened lower today, breaking the support line of a bearish flag pattern and attempting to stay below it. This move activates...

NZDUSD Price Trades Within Bearish Pattern – Negative Trend Expected for Today – 24 December 2024

The NZDUSD price continues to trade within a bearish flag pattern, with a key support level at 0.5630. A break below this support would...

Bitcoin Price Confirms Break Below Key Support Level – Bearish Trend Expected – 24 December 2024

Bitcoin (BTCUSD) has confirmed a break below the $95,195.00 level, closing the daily candlestick beneath this critical support, further supporting expectations of continued bearish...

Ethereum Price Tests Resistance, Bearish Trend Predicted – 24 December 2024

Ethereum (ETHUSD) has recently tested the $3425.50 resistance level but has remained below it, indicating potential downside pressure. Negative signals, particularly from the stochastic...

Crude Oil Price Rebounds, Cancels Negative Formation – Forecast for December 23, 2024

Crude oil prices have rebounded after approaching the $68.60 mark, effectively canceling the previously anticipated double top pattern. This upward movement now sets the...

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