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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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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...
Indonesia’s IDX Composite Index Closes Higher, Gaining 0.37%
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Indonesia's stock market closed on a positive note on Wednesday, with the IDX Composite Index rising 0.37%, reaching a new one-month high. The upward...
USDJPY Price Shows Recovery: Forecast for December 10, 2024
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The USDJPY price experienced a significant upward bounce yesterday, breaching the key resistance level of 150.18 and initiating a bullish wave. A closer analysis...
GBP/JPY Resumes Upward Momentum, Eyeing Key Resistance Levels: Forecast for December 10, 2024
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The GBP/JPY currency pair has continued its bullish correction, supported by the 38.2% Fibonacci retracement level at 190.70. This support, along with positive momentum...
EURJPY Faces Resistance and Declines – Forecast for 09 December 2024
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The EURJPY pair reached its correctional positive target at 159.57 last Friday, but faced strong resistance at this level, resulting in a reversal and...
GBPJPY Continues Negative Trend – Forecast for 09 December 2024
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The GBPJPY pair has confirmed its bearish bias with consecutive negative closes below the key resistance at 192.80, along with additional resistance at 192.00....
China Stock Fund Beating 97% of Peers Bets on Cheap State Firms
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Lin Bo, a top-performing Chinese fund manager, has outpaced 97% of his peers in 2024 by focusing his investments on state-owned enterprises (SOEs), particularly...