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Technical Analysis

Technical Analysis

Involves studying financial data, trends, and indicators to predict asset price movements. It guides traders and investors in making informed decisions, optimizing strategies, and managing risks effectively.
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USD/JPY Faces Pressure Ahead of Fed’s Key Speech: Rate Cut Expectations Loom

On Friday, the USD/JPY currency pair faced renewed selling pressure, reversing some…

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GBP/JPY Pullback: Market Faces Bearish Pressure Amid Channel Break Concerns

The GBP/JPY currency pair is currently experiencing a pullback, with trading occurring…

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Stacks (STX) Surges 18% Amid Improved Security and Bullish Sentiment

Stacks (STX) has demonstrated remarkable upward momentum recently, gaining approximately 18% over…

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Ethereum Struggles at $2,800: Eyes on Critical $2,500 Support for Bullish Recovery

Ethereum continues to face significant selling pressure, echoing the trends set during…

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AUD/USD Faces Pressure at 0.6700 Amid Strong Dollar and RBA Caution

The AUD/USD currency pair has experienced additional downward pressure, revisiting the 0.6700…

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GBP/USD Hits 1.3100 Milestone Amid Strong UK PMI Data

The GBP/USD currency pair has reached a significant milestone, trading above the…

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EUR/USD Soars Above 1.1100 Amid Strong PMI Data and Economic Resilience

The EUR/USD currency pair continues to exhibit strength, trading above 1.1100 during…

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USD/CAD Exchange Rate Struggles Amid Selling Pressure and Oil Price Decline

The USD/CAD exchange rate faces persistent selling pressure, remaining close to a…

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Bitcoin Holds Strong Above $60,000: Eyeing Breakout Potential

Bitcoin continues to demonstrate resilience, maintaining a steady position above the $60,000…

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Crude Prices Drop After IEA Monthly Report

On Wednesday, crude prices dropped and gave back earlier gains after the IEA reduced its forecast for this year’s demand...

15/05/24
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May 15, 2024
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