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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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AUD Ignores Mixed Employment Data

On Thursday, the Australian dollar showed limited movement, and AUD/USD traded at…

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EUR Slightly Down as ECB Maintains Interest Rates

On Thursday, the euro inched down, and EUR/USD traded at about 1.0919,…

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JPY Surges Amid Possible Intervention

On Wednesday and Thursday, the Japanese yen rose sharply versus the dollar…

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USD Inches Higher After Previous Losses

On Thursday, the U.S. dollar inched up, while the euro dropped before…

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Technical Outlook on the Performance of Cardano (ADA)

The chart of ADA/USD shows that the bulls were able to provide…

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Technical Outlook on the Performance of Ripple (XRP)

The chart of XRP/USD shows that the activity of traders ensured stability…

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Technical Outlook on the Performance of Ether (ETH)

The chart of ETH/USD shows that the bulls retried a clear push…

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Technical Outlook on the Performance of Bitcoin (BTC)

The chart of BTC/USD shows that the bulls ensured sustenance within a…

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GBP At One-Year High as CPI In UK Stays At 2%

On Wednesday, the British pound was higher for the 6th consecutive day…

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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...

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