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Monthly Archives: January, 2024

Oil Prices Decline on Weak China Data; Poised for First Monthly Gain Since September

Oil prices retreated on Wednesday, pressured by lackluster economic indicators from China, the world's largest importer of crude, dampening demand sentiment. Nonetheless, prices are...

Dogecoin (DOGE) Breaks Key Resistance; Solana (SOL) Asserts Dominance, Ethereum (ETH) Faces Scalability Woes

Dogecoin (DOGE) Breakout: Dogecoin, initially created as a meme coin, has experienced a notable breakout after a period of consolidation. Breaking past a critical resistance...

Dogecoin Founder Mocks Bitcoin Decline as BTC Plunges Below $39,000

Billy Markus, co-founder of the popular meme cryptocurrency Dogecoin, expressed his sarcastic dissatisfaction with Bitcoin's recent plunge below the $39,000 level on Twitter. Markus,...

Mondelez International Reports Q4 Sales Growth, Shares Decline on Volume Concerns

Mondelez International announced a rise in fourth-quarter sales on Tuesday, yet faced a setback as price hikes impacted volumes, particularly affecting demand for its...

Australian Stocks Reach New All-Time High, Closing 1.06% Higher

On Wednesday, Australian stocks surged, with the S&P/ASX 200 reaching a record high, driven by notable gains in the A-REITs, Utilities, and Energy sectors. At...

AUDUSD Completes Bearish Pattern, Paving the Way for Further Declines

As today's trading session commences, the AUDUSD pair exhibits pronounced negativity, targeting the 0.6570 level and showing clear intentions to breach it. A detailed...

NZDUSD Encounters Firm Resistance, Paving the Way for Potential Bearish Movement

The NZDUSD pair has encountered robust resistance at the 0.6140 level, prompting a bearish rebound with a trajectory towards a potential test of 0.6070...

USDCHF Awaits Confirmation Signal as Range-bound Trading Persists

The USDCHF pair has exhibited limited movement within a narrow range since the previous session, remaining ensnared between key support at 0.8605 and resistance...

USD/CHF Encounters Negative Pressures Amidst Potential Reversal Patterns

The USD/CHF pair is currently experiencing fresh negative trades, settling below the 0.8630 level. Notably, there is an emerging potential double top pattern on...

GBP/JPY Initiates a Decline, Confirming Bearish Scenario

The GBP/JPY pair has initiated a response to negative factors, marked by the establishment of an additional barrier at 189.00 and signals of negative...

EUR/JPY Resumes Downward Trend with Clear Bearish Signals

The EUR/JPY pair has witnessed a consistent decline marked by distinct negative trades, primarily influenced by the frequent oscillation within a bearish channel. This...

CAD/JPY Pair Consolidates Below Resistance, Bearish Outlook Prevails

The CAD/JPY pair has seen multiple closures below the critical resistance level of 110.45, significantly dampening the prospects of establishing new positive positions. It...

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