Yearly Archives: 2024

How to compare performance of mutual funds?

Investors seeking to build a diversified and balanced portfolio often turn to mutual funds as a popular investment vehicle. Mutual funds offer a professionally...

How do money market mutual funds work?

Money market mutual funds are a popular investment option that combines the safety of a money market instrument with the diversification benefits of a...

GBPJPY Attains Initial Target, Sustaining Bullish Momentum

The GBPJPY pair has initiated a fresh bullish wave, leveraging the consistent stability above the additional support level at 184.30. This strategic positioning has...

EURJPY Records Gains, Establishing Bullish Momentum

The EURJPY pair capitalized on its steadfast position within a minor bullish channel, coupled with the stability observed at the 159.55 support level. This...

AUDCAD Experiences Substantial Decline, Bearish Trend Persists

The AUDCAD pair has succumbed to a pronounced bearish sentiment, marked by successive negative closures beneath the critical 38.2% Fibonacci correction level at 0.8942....

Copper Price Faces Persistent Downward Pressure, Testing Initial Support

The copper price has succumbed to ongoing negative pressures, exerting renewed strain on the critical initial support level at 3.7400. This development heightens the...

Gold Prices Experience Decline Amidst Rate-Cut Uncertainty; Copper Affected by China Economic Weakness

Gold prices witnessed a continued decline during Asian trading hours on Wednesday, propelled by growing skepticism regarding early interest rate cuts by the Federal...

XRP Demonstrates Surprising Stability Amidst Resistance Challenges

XRP is currently exhibiting remarkable stability as it maintains a position above the critical 200-day Exponential Moving Average (EMA), now functioning as a dynamic...

Analyst Proposes Bitcoin Could Surge 6x, Citing Historical Patterns and Coinbase IPO Impact

In a recent analysis, an industry expert has put forth a bold claim, suggesting that Bitcoin (BTC) could potentially experience a sixfold increase from...

S&P/ASX 200 Records 0.29% Drop, Reaches One-Month Low on Sectoral Losses

On Wednesday, Australian stocks closed lower with the S&P/ASX 200 facing a 0.29% decline, as losses in the Gold, Energy, and Resources sectors exerted...

Chinese Property Stocks Plunge Amidst Continuing Decline in House Prices

Major Chinese property developers faced substantial losses on Wednesday as government data revealed a further dip in house prices in December, coupled with sluggish...

Nikkei 225 Records 0.32% Decline in Wednesday’s Trading Session

In the aftermath of Wednesday's trading session, Japan's stock market witnessed a downturn, with the Nikkei 225 closing 0.32% lower. The decline was driven...

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