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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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GBP/USD Forecast: Caution Advised as Price Tests Key Resistance
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The GBP/USD pair has shown clear upward momentum, approaching the key resistance level at $1.2735 on December 5, 2024. A breakout above this level...
GBPJPY Takes a Breather – Forecast Update for 4th December 2024
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The GBPJPY currency pair recently reached the 188.10 level, nearing the previously anticipated negative target, before beginning a correctional bullish rally. The pair has...
USDCAD Reaches First Target – Price Forecast for December 3, 2024
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The USDCAD price saw positive movement yesterday, reaching the 1.4080$ level. It found solid support at the broken bullish channel support, now rising to...
GBPAUD Confirms Bullish Momentum – Price Forecast for December 3, 2024
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The GBPAUD price has confirmed its adherence to a bullish trend, maintaining stability within the upward trajectory. This bullish momentum is supported by the...
Copper Prices Lose Positive Momentum – Forecast for December 2, 2024
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Copper prices continue to fluctuate around the $4.0600 level, with the 55-day moving average (MA55) providing some support. However, the stochastic indicator's stability in...
Japanese Markets Decline as Tech Stocks Weigh Heavily
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Japan's stock market closed lower on Friday, reflecting a trend seen across much of Asia as electronics and technology-related shares exerted downward pressure on...
Taiwan Stocks Fall, Taiwan Weighted Index Drops 0.16%
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Taiwanese stocks ended lower on Friday, with losses in the Electricity and Glass sectors weighing on the market. At the close, the Taiwan Weighted index...
Turkish Stock Exchange Flat at Open: BIST 100 Slightly Up
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The Turkish stock market opened flat on Thursday, with the BIST 100 index registering a very modest increase. The index stood at 9,640.57 points,...
Natural Gas Price Faces Resistance and Declines – Market Forecast for November 28, 2024
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Natural gas prices have once again struggled below the $3.570 resistance level, responding to ongoing bearish pressure as indicated by the negative stochastic readings....
Adani Group Stocks Decline Following Fitch’s Bond Watch and Bribery Charges Against Executives
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Shares of several Adani Group companies, including Adani Green Energy, Adani Energy Solutions, Adani Enterprises, and Adani Ports, saw significant declines on November 26,...
Bonds Rise and Dollar Weakens Following Bessent Appointment
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SINGAPORE – Financial markets reacted positively to President-elect Donald Trump's selection of Scott Bessent as U.S. Treasury Secretary, with bond prices rising and the...
GBPUSD Price Forecast: Bearish Trend Continues Below Key Resistance
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The GBPUSD pair is showing a slight bearish bias, as it attempts to resume the expected downward trend on an intraday basis. The negative...