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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 Before Confidence Reports

On Monday, the Australian dollar drifted, and AUD/USD traded at about 0.6637,…

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EUR Higher Despite Shocking French Election Result

On Monday, the euro began the week by gaining and is traded…

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USD Flat Before Key Inflation Data

On Monday, the U.S. dollar steadied in early trade in Europe before…

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Crude Prices Lower on Concerns Hurricane Beryl May Hit US Demand

On Monday, crude prices fell about 1% to a one-week low as…

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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 it was difficult for the bulls…

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Technical Outlook on the Performance of Ether (ETH)

The chart of ETH/USD shows that the bulls were unable 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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CAD Flat as Job Growth In US, Canada Falls

On Friday, the Canadian dollar showed little movement and USD/CAD traded at…

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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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