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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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GBP Flat, Focus on Powell Speech

On Tuesday, the British pound showed limited movement, and GBP/USD traded at…

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EUR Drops as Inflation Edges Lower

On Tuesday, the euro was slightly lower, and EUR/USD traded at about…

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Crude Prices Drop on Fading Hurricane Fears

On Tuesday, Brent and U.S. West Texas Intermediate (WTI) crude prices dropped…

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USD Lower as Upbeat Jobs Data is Offset by Fed’s Powell’s Dovish Comments

On Tuesday, the US dollar dropped in choppy trading after Federal Chair…

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Technical Outlook on the Performance of Dogecoin (DOGE)

The chart of DOGE/USD shows that the bulls were able to initiate…

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Technical Outlook on the Performance of Ripple (XRP)

The chart of XRP/USD shows that the bulls were able to initiate…

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Technical Outlook on the Performance of Ether (ETH)

The chart of ETH/USD shows that the bulls were able to initiate…

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Technical Outlook on the Performance of Bitcoin (BTC)

The chart of BTC/USD shows that the bulls were able to initiate…

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JPY Lower After Downgraded GDP

On Monday, the Japanese yen fell below the 161 level and the…

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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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