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EURJPY Delays Decline – Forecast for January 22, 2025
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...
Nintendo Shares Drop After Switch 2 Reveal Fails to Impress Investors
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...
Oil Prices Rise on Supply Fears, Rate Cut Speculations
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...
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Oil Prices Rise on Positive Chinese Economic Data, Easing Middle East Tensions Limit Gains
Oil prices saw modest gains in early trading on Friday, supported by stronger-than-expected Chinese economic data, but...
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UBS Predicts Dollar Strength to Persist, Forecasts EUR/USD Below Parity by Year-End
UBS analysts predict that the U.S. dollar will maintain its strength through the end of the year,...
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NZD/USD Price Forecast Update: January 14, 2025
The NZD/USD pair has recently made further positive movements, approaching the resistance line of its bearish channel....
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GBP/USD Forecast Update – December 13, 2024
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The GBP/USD pair continues to display signs of further downside movement, reinforcing expectations for the persistence of the bearish trend throughout the day. The...
Brent Oil Prices Reach Target – Forecast for 12-12-2024
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Brent oil prices surged higher yesterday, successfully reaching the anticipated target of $73.90. The price is now testing the potential to break through this...
Gold Prices Poised for Further Gains – Forecast for 12-12-2024
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Gold prices showed clear positive movement yesterday, reaching the $2725.00 level, reinforcing expectations of continued bullish momentum in the coming sessions. The next target...
EURJPY Reaches Target, Bullish Momentum Expected to Continue – Forecast for 12-12-2024
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The EURJPY currency pair resumed its upward momentum yesterday after testing the extended support line at 158.80, triggering a strong bullish rally that led...
Bitcoin Price (BTCUSD) Attempts Recovery – Forecast for 11-12-2024
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Bitcoin (BTCUSD) continued its decline yesterday, approaching the target of $93,405. Currently, the cryptocurrency is showing a bullish bias as it tests the EMA50,...
EURJPY Maintains Bullish Momentum – Forecast for 11-12-2024
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The EURJPY pair has solidified its bullish trajectory, closing positively above the 158.80 support level. This move resulted in a strong rally, reaching 160.05....
CADCHF Shows Signs of Reversal, Eyeing Bullish Correction – Forecast for 11-12-2024
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The CADCHF pair gained upward momentum this morning, surpassing the previously broken support level of 0.6203 and rising to 0.6236. This move suggests the...
New Hedge Fund Launches Set to Hit 24-Year Low, Preqin Reports
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The number of new hedge fund launches is expected to reach a 24-year low by the end of 2024, according to hedge fund research...
European Stocks Fall Amid Disappointing Corporate Reports and Inflation Data Wait
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European stocks faced a decline on Wednesday, retreating from multi-week highs as investors reacted to a series of disappointing corporate earnings updates and awaited...
Gold Price Shows Signs of Recovery: Forecast for December 10, 2024
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Gold prices saw a clear upward movement yesterday, settling above the key bullish trend line. This shift has put an end to the previously...
Silver Price Surpasses Target and Eyes Further Gains: Forecast for December 10, 2024
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Silver prices have surged, surpassing the first target at $31.63 and reaching the second target at $32.20. A closer look at the chart reveals...
Crude Oil Price Faces Bearish Pressure After Testing Key Resistance: Forecast for December 10, 2024
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Crude oil prices tested the key resistance level at $68.64, but failed to break through, resulting in a bearish bounce. This supports expectations for...