Tag: bear
GBP/JPY Hits Resistance Level – Forecast for September 18, 2024
Jennifer -
The GBP/JPY currency pair exhibited corrective bullish attempts yesterday, testing the resistance barrier at 187.15 before beginning to decline. Currently, the pair is consolidating...
EUR/JPY Maintains Negative Outlook – Forecast for September 18, 2024
Jennifer -
The EUR/JPY currency pair has exhibited mixed trading recently, but its inability to gain momentum while remaining below the 158.00 barrier suggests a continuation...
GBP/USD Forecast Update – September 13, 2024
Jennifer -
The GBP/USD currency pair recently tested a crucial support level at $1.3124, maintaining stability above it. This price action supports a bullish trend for...
Copper Price Forecast for September 12, 2024
Jennifer -
Copper prices have continued to exhibit indecisive trading, hovering near the $4.1500 mark. This consolidation results from a tug-of-war between stochastic indicators, which are...
NZDCAD Expected to Decline: Forecast for September 12, 2024
Jennifer -
The NZDCAD currency pair has recently experienced a series of corrective bearish movements. The price encountered resistance at the 38.2% Fibonacci retracement level, located...
China Stock Selloff Hits Lowest Levels Since Early 2019
Jennifer -
Chinese equities have reached their lowest point since January 2019, reflecting growing investor skepticism about the country's economic recovery. The CSI 300 Index (000300.SS)...
EUR/JPY Experiences Significant Decline: Forecast for September 11, 2024
Jennifer -
The EUR/JPY currency pair has experienced notable losses, driven by a bearish shift in major indicators. The pair broke below the key support level...
Coffee Prices Surge as Bullish Trend Resumes: Forecast for September 11, 2024
Jennifer -
Coffee prices have shifted away from their previous bearish correction, rising above the 244.30 level and establishing it as a new support line for...
Ethereum Price (ETH/USD) Tests Resistance: Forecast for September 10, 2024
Jennifer -
The Ethereum price (ETH/USD) is currently testing the descending bearish trend line at $2,360.00. This resistance level is reinforced by the 50-period Exponential Moving...
AUD/USD Hits Target: Forecast for September 10, 2024
Jennifer -
The AUD/USD exchange rate is currently hovering around the anticipated target of $0.6640, within a bearish channel that suggests the potential for further declines....
Sugar Price Completes Negative Pattern – Forecast for September 9, 2024
Jennifer -
Sugar prices closed last Friday with a strong bearish move, breaking below the $19.23 level and forming a double top pattern. This pattern suggests...
Soybean Price Struggles to Breach Resistance – Forecast for September 9, 2024
Jennifer -
Soybean prices have encountered resistance at the $1028.80 level, leading to a bearish rebound and a potential resumption of the main downtrend. To confirm...