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TSMC Sees 58% Surge in December Sales Driven by AI Demand
Taiwan Semiconductor Manufacturing Company (TSMC) (NYSE:TSM) reported a significant 58% increase in sales for December, buoyed by strong demand from the rapidly expanding artificial...
U.S. Stock Futures Steady After Apple and Tesla Losses Weigh on Wall Street
U.S. stock index futures steadied on Thursday evening following a weak start to 2025, triggered by losses in Apple and Tesla, two of Wall...
Taiwan Stocks Close Lower; Taiwan Weighted Index Falls 0.88%
Taiwan's stock market closed lower on Friday, with losses in key sectors including Oil, Gas & Electricity, and Computers & Peripherals contributing to the...
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EURJPY Resumes Decline – Forecast for January 3, 2025
The EURJPY currency pair has successfully breached the support line of a minor bullish channel at 162.20,...
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Crude Oil Price Surpasses Initial Target, Eyes Further Gains
Crude oil prices have successfully reached the first target of $72.15, marking a significant milestone in the...
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Gold Prices Steady Amid Thin Year-End Trading; Strong Dollar Puts Pressure on Bullion
Gold prices were largely unchanged in Asian trading on Friday, marking a period of subdued market activity...
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Rupee Likely to Maintain Downward Trend as Asian Currencies Slip
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The Indian rupee is expected to continue its slight depreciation on Tuesday, following the trend of most Asian currencies that weakened ahead of key...
Hedge Funds Rapidly Unwind Bearish Bets Against European Stocks, Goldman Sachs Reports
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LONDON – Global hedge funds have significantly reduced their bearish positions on European stock markets at the fastest rate in a decade, according to...
EURCAD Continues Positive Momentum – Forecast for July 29, 2024
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The EURCAD pair has consistently closed above the support level at 1.4965, reflecting ongoing positive momentum. Recent gains have driven the price to 1.5025. With...
Natural Gas Price Anticipates Further Decline – Forecast for July 29, 2024
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The price of natural gas has recently shown some sideways movement, stabilizing around $2.100. This price action comes amidst a stochastic indicator approaching overbought...
EURJPY Faces Resistance and Remains Bearish – Forecast for July 29, 2024
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The EURJPY currency pair experienced a brief period of bullish correction last Friday, briefly testing the 167.50 resistance level before closing below it. This...
GBPJPY Continues to Exhibit Bearish Trends – Forecast for July 29, 2024
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The GBPJPY currency pair displayed mixed trading activity last Friday, initially approaching 199.05 before continuing to form negative waves. The pair remains firmly below...
Platinum Price Repeats Positive Closings – Forecast for July 29, 2024
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Platinum prices have consistently closed above the $928.00 support level, suggesting a potential reduction in losses and the initiation of a corrective bullish trend....
Ethereum Price (ETHUSD) Hits Initial Target – Forecast for July 29, 2024
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Ethereum (ETHUSD) has demonstrated notable upward momentum today, reaching the $3,360.31 level. A successful breach of this level could pave the way for further...
Bitcoin Price (BTCUSD) Surpasses Initial Target – Forecast for July 29, 2024
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Bitcoin (BTCUSD) has opened today with notable bullish momentum, surpassing the initial target of $68,450 and approaching the next target of $70,000. The current...
Natural Gas Price Confirms Bearish Bias – Forecast for July 26, 2024
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The natural gas market has reinforced its bearish outlook, with prices continuing to trend within the established bearish channel. Recently, the price dropped below...
NZDCAD Faces Key Support – Forecast for July 26, 2024
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The NZDCAD pair has been experiencing continued bearish pressure, recently declining below the 0.8248 level. This has resulted in significant losses, with the price...
EURJPY Hits Target – Forecast for July 26, 2024
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The EURJPY pair executed a strong bearish move yesterday, achieving the primary target of 164.75 and establishing it as a robust support level. Following...