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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 Flat Ahead of Employment Report

On Wednesday, the Australian dollar was steady and AUD/USD traded at about…

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USD Lower on Hopes of Fed Rate Cut Soon

On Wednesday, the U.S. dollar dropped to multi-month lows. The U.S. dollar…

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GBP Needs More Than High Rates in UK To Remain Strong

On Wednesday, the pound reached its highest level in a year, driven…

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Technical Outlook on the Performance of Ripple (XRP)

The chart of XRP/USD shows that the activity of the bears prompted…

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Technical Outlook on the Performance of Ether (ETH)

The chart of ETH/USD shows that the bulls have ensured sustenance within…

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Technical Outlook on the Performance of Bitcoin (BTC)

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

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CAD Flat After Canadian CPI

On Tuesday, the Canadian dollar showed limited movement and USD/CAD traded at…

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NZD Sharply Lower

On Tuesday, the New Zealand dollar posted sharp losses for the second…

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JPY Rise Likely Due to Intervention

On Tuesday, the Japanese yen inched down, and USD/JPY traded at about…

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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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