Monthly Archives: January, 2024
Oil Prices Decline on Weak China Data; Poised for First Monthly Gain Since September
Jennifer -
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
Jennifer -
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
Jennifer -
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
Jennifer -
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
Jennifer -
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
Jennifer -
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
Jennifer -
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
Jennifer -
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
Jennifer -
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
Jennifer -
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
Jennifer -
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
Jennifer -
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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