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NZD/CAD Price Forecast Update – December 20, 2024
The NZD/CAD currency pair has recently experienced significant negative pressure, resulting in multiple bearish waves and a break below the 0.8145 level, which represents...
GBP/USD Forecast Update – December 19, 2024
The GBP/USD is showing positive movement, testing the key resistance level at $1.2615 and attempting to break through it. This creates a cautious outlook...
Crude Oil Price Under Negative Pressure – Forecast for Today (18-12-2024)
Crude oil prices have continued to experience downward pressure, with the price approaching the $69.00 barrier. The market is now eyeing further declines, potentially...
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GBPCAD Resumes Bullish Correction – Forecast for Today (18-12-2024)
The GBPCAD has resumed its bullish correction, recently surpassing the 1.8110 barrier. This move formed a double...
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Bitcoin Price (BTCUSD) Continues to Reach Historical Highs – Forecast for December 17, 2024
Bitcoin (BTCUSD) recorded fresh positive gains yesterday, reaching the $108,000 level, while moving within a minor bullish...
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EURJPY Encounters Strong Resistance – Forecast for December 17, 2024
The EURJPY pair has halted its recent bullish momentum after hitting a significant resistance at 162.40. This...
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Alibaba to Sell Intime Department Store Chain for $1.3 Billion Loss Amid Restructuring Efforts
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Alibaba Group announced on Tuesday that it will sell its Chinese department store unit, Intime, at a loss of $1.3 billion as part of...
Brazilian Digital Lender Nubank Invests $150 Million in Tyme Group
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Sao Paulo, Brazil – Nubank, the prominent Brazilian digital bank, has announced a significant investment of $150 million in Tyme Group, a fast-growing digital...
GBP/USD Forecast – December 16, 2024
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The GBP/USD pair has shown weak price action today, stabilizing around the $1.2635 level. The bearish trend forecast remains in place for the day,...
DAX Expected to Lead European Outperformance in 2025, Analysts Predict
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Germany's DAX index is set to drive a period of European market outperformance in 2025, according to analysts at BCA Research. This forecast comes...
Indonesia Stocks End Lower; IDX Composite Index Down 0.52%
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Indonesia's stock market closed lower on Friday, with the IDX Composite Index falling by 0.52%, driven by losses in the Infrastructure, Agriculture, and Basic...
Nvidia Expands Workforce in China to Focus on AI-Driven Cars
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Nvidia has significantly increased its hiring in China, adding approximately 200 new employees this year, with a specific focus on advancing its research capabilities...
Bearish Bets on Asian Currencies Rise Amid US Tariff Concerns
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Bearish sentiment surrounding Asian currencies has intensified, with short positions on the South Korean won and the Indian rupee reaching their highest levels in...
EUR/USD Price Forecast Update – December 13, 2024
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The EUR/USD pair remains below the $1.0475 level, showing weak price action since the morning. This confirms the continuation of the bearish trend for...
Crude Oil Prices Hit Target – Forecast for 12-12-2024
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Crude oil prices successfully reached the anticipated target of $70.58 and are currently consolidating near this level. The outlook remains bullish, with expectations for...
GBPJPY Reaches Second Target, Bullish Outlook Continues – Forecast for 12-12-2024
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The GBPJPY currency pair maintained its positive momentum, advancing further to hit the second target at 194.80. Following this, a temporary negative fluctuation occurred,...
Brent Oil Price Struggles to Break Key Level – Forecast for 11-12-2024
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Brent oil prices failed to break the $72.06 level, but have shown positive movement at today’s open, setting the stage for potential gains in...
Nippon Life to Acquire Resolution Life in $8.2 Billion Deal to Strengthen U.S. Presence
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Nippon Life Insurance, Japan's largest insurer, has announced plans to acquire the remaining shares it does not already own in Resolution Life Group Holdings...