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Silver Price Forecast Update – November 8, 2024

Silver prices have successfully broken below the $31.63 level and are holding below it, reinforcing the expectation of a continued bearish trend in the...

GBP/USD Price Forecast – November 7, 2024

The GBP/USD pair is showing a bullish bias as it tests the 50-period Exponential Moving Average (EMA), which is acting as a strong resistance...

Brent Oil Price Forecast – November 7, 2024

Brent oil prices are showing a bearish bias as they test the $75.36 level, which is a critical point for the continuation of the...

Crude Oil Price Faces Strong Resistance – Forecast for November 6, 2024

Crude oil prices are currently fluctuating around the 72.15$ level, where strong resistance is being encountered. The...

EUR/USD Price Forecast Update – November 6, 2024

The EUR/USD pair has decisively broken below the 1.0760$ level, reaching our initial target of 1.0700$ and...

Gold Price Faces Resistance, Bearish Pressure Expected – Forecast for November 6, 2024

Gold prices are testing the key resistance level at $2746.00 but have remained stable below this threshold....

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UK Stocks Hold Steady Ahead of ECB Rate Decision; Rentokil Offsets Ex-Dividend Pressures

UK stock indexes remained stable on Thursday as investors prepared for the European Central Bank's (ECB) interest rate decision. Rentokil's performance helped mitigate losses...

Stocks to Watch on Thursday

1. Taiwan Semiconductor Manufacturing Company (TSM) Direction: 📈 (Up) Details: TSMC, the world's largest contract chip maker, reported record net profit for the last quarter. U.S.-traded...

Nvidia, Chip Stocks Rally After TSMC’s Blowout Earnings

Chip stocks surged on Thursday, buoyed by a stellar earnings report from Taiwan Semiconductor Manufacturing Company (TSMC), the world's leading producer of advanced chips....

European Markets Higher as Banks Lead Gains Ahead of ECB Rate Decision; Nokia Shares Down 4%

European markets opened positively on Thursday morning, with traders keenly awaiting the upcoming monetary policy decision from the European Central Bank (ECB). Here’s a...

Sugar Price Forecast Update – October 16, 2024

Sugar prices ended yesterday on a positive note, approaching the significant resistance level of $22.73. Traders are advised to exercise caution in upcoming sessions,...

CAD/JPY Price Forecast Update – October 16, 2024

The CAD/JPY currency pair is currently under negative pressure, influenced by the resistance level at 109.75 and persistent negative momentum from major indicators. Recently,...

EUR/USD Price Forecast Update – October 16, 2024

The EUR/USD currency pair is currently attempting to break the $1.0880 level, reinforcing expectations for the continuation of the prevailing bearish trend throughout the...

GBP/USD Forecast Update – October 16, 2024

The GBP/USD currency pair is currently experiencing significant downward pressure, successfully reaching our initial target of $1.3000. The price is now attempting to break...

Can the Stock Market Keep Going Up? Market Watchers Think So

Stocks have experienced a notable rally since the Federal Reserve lowered interest rates a month ago, leading investors to speculate that this could signal...

AMD and Intel Join Forces Amid Slumping Semiconductor Stocks Following ASML Outlook

BELLEVUE, Washington — In a strategic move to bolster their positions in the semiconductor market, American chipmakers AMD and Intel announced a partnership on...

Asian Chip Stocks Decline Following ASML’s Weak Sales Forecast; TSMC Earnings on the Horizon

Asian chipmaking stocks experienced a downturn on Wednesday, following a lackluster sales forecast for 2025 from industry leader ASML. Market attention is now shifting...

European Stocks Decline Amid Weak Earnings; Pound Weakens on Inflation Data: Markets Wrap

European equities declined on Wednesday as disappointing earnings from the luxury sector fueled concerns about the profit outlook for the semiconductor industry. The British...

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