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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...

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,...

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...

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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GBPJPY Hits Target – Forecast for Today, July 23, 2024

The GBPJPY currency pair has maintained its bearish stance below the 204.40 resistance level, benefiting from additional negative momentum provided by stochastic indicators. The...

Platinum Price Trends Towards Decline – Forecast for Today, July 23, 2024

Platinum prices remain under negative pressure due to key indicators providing bearish momentum, coupled with sustained trading below the $983.00 resistance level. The market...

Copper Price Touches Target – Forecast for Today, July 23, 2024

Copper prices have continued their bearish trend, reaching the target level of $4.1500 yesterday and currently fluctuating around it. The price may exhibit some...

Ethereum Price (ETHUSD) Gains Positive Momentum – Forecast for Today, July 23, 2024

Ethereum (ETHUSD) is experiencing temporary negative pressure but remains supported by the EMA50, which offers solid backing for the price. Stochastic indicators have shifted...

Bitcoin Price (BTCUSD) Tests Support Line – Forecast for Today, July 23, 2024

Bitcoin (BTCUSD) is currently testing the support line of its bullish channel and remains stable above this level, maintaining the bullish trend outlook for...

What is the Benefit of Spread in Forex?

In forex trading, the term "spread" refers to the difference between the bid price and the ask price of a currency pair. This seemingly...

Vodafone Sells Additional 10% Stake in Vantage Towers for €1.3 Billion

London, July 22, 2024 – Vodafone (NASDAQ: VOD) has sold a further 10% stake in Vantage Towers for €1.3 billion ($1.4 billion), bringing its...

AUDCAD Begins to Decline – Forecast for July 22, 2024

The AUDCAD price has yielded to the resistance at 0.9255, beginning to form strong negative waves and dropping below 0.9175, reaching additional losses at...

Natural Gas Price Seeks Negative Momentum – Forecast for July 22, 2024

Natural gas price lost the negative momentum after stochastic rallied above the 50 level, resulting in a temporary correctional bullish rebound, settling near $2.180. The...

No Change to the GBPJPY Pair’s Negativity – Forecast for July 22, 2024

Despite the GBPJPY pair forming some bullish waves and settling near 203.50, the previously suggested negative trend remains intact. This is due to the...

Platinum Price Faces Strong Negative Pressures – Forecast for July 22, 2024

Platinum prices have approached the additional negative target of $950.00, influenced by several negative factors. These include the persistent stability below the $983.00 barrier...

Copper Price Repeats Negative Close – Forecast for July 22, 2024

Copper prices have confirmed the continuation of the previously suggested negative trend by closing below the broken support level at $4.3300. The price is...

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