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Asian Stocks Subdued Amid Economic Concerns, Yen Softens as BOJ Holds Rates
Asian stock markets were relatively subdued on Wednesday as economic concerns and shifting geopolitical tensions weighed on investor sentiment. Gold, a safe-haven asset, hovered...
Gold Price Sticks to Negative Bias, Poised for Third Straight Week of Gains
Gold prices continue to face some pressure as the US Dollar (USD) strengthens slightly, prompting traders to take profits. Despite this, the precious metal...
Markets React as Powell Dismisses Recession Fears, USD Slips
Global markets saw a positive shift overnight as Federal Reserve Chair Jerome Powell reassured investors that recession risks in the U.S. were "not high"...
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Libya’s Economy Under Strain as Foreign Currency Sales Skyrocket Amid Falling Oil Revenues
TRIPOLI – Libya’s foreign currency sales have surged dramatically, far outpacing the country’s declining oil revenues, raising...
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Australia’s Job Market Decline Fuels Rate-Cut Speculation
SYDNEY – Australia’s labor market took an unexpected hit in February, with employment plunging by 52,800 jobs,...
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Indonesia Takes Action to Stabilize Currency and Market After Decline
Indonesia's financial authorities have implemented a series of measures aimed at stabilizing the financial markets following a...
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EURJPY Hits Target – Forecast for March 12, 2025
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The EURJPY pair experienced a strong bullish rally yesterday, confirming its continued bullish bias. The pair is currently fluctuating near its second target at...
EURGBP Sees Significant Gains – Forecast for March 12, 2025
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The EURGBP currency pair has regained its bullish momentum, breaking above the key resistance level of 0.8315. This upward movement has resulted in significant...
Gold Price Breaks Support – Forecast for March 11, 2025
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Gold prices closed below the $2900.00 level yesterday, signaling the potential activation of a corrective bearish scenario. However, today’s trading has started with a...
Silver Price Faces Negative Pressures – Forecast for March 11, 2025
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Silver prices showed significant bearish movement yesterday, breaking below the $32.25 level and settling beneath it. However, today’s trading has begun with a bullish...
Crude Oil Price Resumes Decline – Forecast for March 11, 2025
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Crude oil prices have experienced a strong downward movement, successfully reaching the first anticipated negative target at $65.25. This reinforces the expectation of continued...
Brent Oil Price Hits First Target – Forecast for March 11, 2025
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Brent oil prices have experienced a notable decline in recent sessions, successfully reaching the first expected negative target at $69.15. Starting today with a...
Bitcoin Price (BTCUSD) Confirms Breakout – Forecast for March 11, 2025
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Bitcoin's price (BTCUSD) has successfully confirmed a breakout below the $80474.40 level, closing yesterday beneath this key support. This reinforces the expectation for a...
Ethereum Price (ETHUSD) Reaches Negative Targets – Forecast for March 11, 2025
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Ethereum's price (ETHUSD) saw a sharp downward movement yesterday, breaking through the first negative target at $1965.00 and successfully reaching the second target at...
EURJPY Holds Above Support: Bullish Outlook Persists – Forecast for March 11, 2025
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The EURJPY currency pair has managed to close below the 158.85 support level, reducing the impact of the negative pressures driven by the positive...
Bitcoin (BTC/USD) Hits Negative Target – Forecast for March 10, 2025
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Bitcoin (BTC/USD) extended its sharp decline, successfully breaking below the $87,055 level and reaching the negative target at $80,474.40, as predicted in our previous...
Ethereum (ETH/USD) Approaches Key Target – Forecast for March 10, 2025
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Ethereum (ETH/USD) continued its downward movement, nearing the $1,965 target as selling pressure intensified. The 50-day Exponential Moving Average (EMA50) is reinforcing bearish momentum,...
EURJPY Struggles to Gain Momentum – Forecast for March 10, 2025
Jennifer -
The EURJPY pair remained below the 160.90 resistance level, marked by the 55-day moving average (MA55), last Friday. This level continues to act as...