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Brent Crude Price Tests Key Resistance at $73.60 – Market Forecast for March 31, 2025
Brent crude oil prices have shown upward movement in recent intraday trading as they attempt to break through the critical resistance level at $73.60....
EUR/USD Price Continues to Decline Amid Downward Correction – Forecast for March 27, 2025
The EUR/USD exchange rate extended its losses in intraday trading on March 27, 2025, as the market continues to be dominated by a downward...
Australia’s Job Market Decline Fuels Rate-Cut Speculation
SYDNEY – Australia’s labor market took an unexpected hit in February, with employment plunging by 52,800 jobs, primarily in full-time roles. The downturn, which...
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European Markets Close Lower Amid Rising U.S.-Canada Trade Tensions
European stock markets closed lower on Tuesday, extending losses as trade tensions between the U.S. and Canada...
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EURCHF Faces Strong Resistance: Bearish Trend Expected – Forecast for March 13, 2025
The EURCHF pair recently concluded a bullish rally, reaching the 61.8% Fibonacci retracement level at 0.9650, where...
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NZDCAD Tests Resistance: Bearish Outlook Continues – Forecast for March 11, 2025
The NZDCAD currency pair has recently experienced a bullish correction, prompted by positive stochastic indicators. This upward...
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GBP/USD Forecast Update – December 19, 2024
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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...
Gold Price Forecast Update – December 19, 2024
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Gold prices have been fluctuating around the $2615.00 mark since this morning, as the market awaits negative momentum to resume the expected bearish trend...
Crude Oil Price Under Negative Pressure – Forecast for Today (18-12-2024)
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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...
GBPCAD Resumes Bullish Correction – Forecast for Today (18-12-2024)
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The GBPCAD has resumed its bullish correction, recently surpassing the 1.8110 barrier. This move formed a double bottom pattern, reinforcing the continuation of the...
Bitcoin Price (BTCUSD) Continues to Reach Historical Highs – Forecast for December 17, 2024
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Bitcoin (BTCUSD) recorded fresh positive gains yesterday, reaching the $108,000 level, while moving within a minor bullish channel. This strengthens the possibility of further...
EURJPY Encounters Strong Resistance – Forecast for December 17, 2024
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The EURJPY pair has halted its recent bullish momentum after hitting a significant resistance at 162.40. This level marks the completion of the previously...
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...