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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...
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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...
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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...
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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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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...
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,...
Aussie Bourse Operator ASX to Defer Settlements After CHESS Software Outage
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Australian Securities Exchange (ASX) has announced that it will defer the settlement of trades from Friday to Monday due to a significant malfunction in...
Micron Shares Fall After Missed Q2 Forecast
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Micron Technology Inc. (NASDAQ: MU) shares took a sharp dive, falling 14% in extended trading on Wednesday after the company issued a second-quarter guidance...
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...
Ethereum Price Forecast (ETH/USD) Update – December 20, 2024
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Ethereum (ETH) has resumed its downward trend, with the price approaching the key target of $3,222. Analysts anticipate that this level will be breached,...
EUR/USD Price Forecast Update – December 19, 2024
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The EUR/USD is showing increased bullish momentum, testing the $1.0400 level. However, it is anticipated that the price will soon encounter negative pressure, which...
Ethereum Price Forecast Update – December 19, 2024
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Ethereum (ETHUSD) is currently testing the $3,680 level, maintaining stability below this threshold, which supports the continuation of the bearish trend. As of now,...
Bitcoin Price (BTCUSD) Faces Negative Pressures – Forecast for Today (18-12-2024)
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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)
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Gold prices have broken the intraday bullish trend line and settled below it, reinforcing expectations for the continuation of the bearish trend on an...
EURJPY Hits Correctional Target – Forecast for Today (18-12-2024)
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The EURJPY pair has experienced a clear negative move after touching the 162.40 resistance level, successfully surpassing the first correctional target at 161.10. The...