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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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Silver Price Confirms the Breakout – Forecast for January 22, 2025
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Silver price has successfully breached the $30.63 level, closing above it with a daily close, reinforcing the bullish outlook within the upward channel visible...
Crude Oil Price Completes Negative Pattern – Forecast for January 22, 2025
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Crude oil price has confirmed a break below the $77.53 level, settling with a daily close beneath it. Upon analyzing the chart, it is...
Ethereum Price (ETHUSD) Shows Bullish Momentum – Forecast for January 22, 2025
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Ethereum (ETHUSD) is demonstrating a bullish bias after bouncing off the $3222.00 support level in recent sessions, maintaining the positive trend on an intraday...
EURJPY Delays Decline – Forecast for January 22, 2025
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The EURJPY currency pair has recently postponed its anticipated decline, closing positively above the 160.20 support level. The pair has shown resilience, benefiting from...
EURNZD Continues Bullish Momentum – Forecast for January 22, 2025
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The EURNZD currency pair has recently shown consistent bullish behavior, closing positively above the key 1.8270 support level. The price has been moving upward,...
Nintendo Shares Drop After Switch 2 Reveal Fails to Impress Investors
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Shares of Nintendo Co. Ltd. (TYO:7974) plummeted nearly 7% on Friday following the much-anticipated reveal of its next-generation console, the Switch 2. The stock...
Dollar Weakens, Yen Strengthens Ahead of Trump Inauguration
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The U.S. dollar weakened against the Japanese yen on Thursday, reaching a near one-month low, driven by softer-than-expected U.S. economic data and rising expectations...
Oil Prices Rise on Supply Fears, Rate Cut Speculations
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Oil prices climbed on Friday, heading for a fourth consecutive weekly gain, fueled by growing concerns over tighter supply following U.S. sanctions on Russian...
Oil Prices Rise on Positive Chinese Economic Data, Easing Middle East Tensions Limit Gains
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Oil prices saw modest gains in early trading on Friday, supported by stronger-than-expected Chinese economic data, but geopolitical developments in the Middle East capped...
UBS Predicts Dollar Strength to Persist, Forecasts EUR/USD Below Parity by Year-End
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UBS analysts predict that the U.S. dollar will maintain its strength through the end of the year, driven by higher interest rates from the...
NZD/USD Price Forecast Update: January 14, 2025
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The NZD/USD pair has recently made further positive movements, approaching the resistance line of its bearish channel. Traders are advised to anticipate a bearish...
Gold Prices Edge Higher Amid U.S. Labor Market Data, Dollar Strength Limits Gains
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Gold prices edged up in early Asian trade on Friday, positioning themselves for a modest weekly gain as ongoing uncertainty over U.S. interest rates...