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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 Drifts Before RBA Decision

On Monday, the Australian dollar drifted, and AUD/USD traded at about 0.6605,…

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EUR Flat After Market Jitters Decline

On Monday, the euro was flat and EUR/USD traded at about 1.0714,…

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Crude Prices Higher as Downbeat China Data Is Offset by Summer Demand Hopes

On Monday, crude prices inched higher as Chinese data that underlined a…

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USD Lower Versus Euro on Subsiding Political Jitters in Europe

On Monday, the US dollar was slightly lower against the euro, as…

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Technical Outlook on the Performance of Solana (SOL)

The chart of SOL/USD shows that the bears were able to extend…

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Technical Outlook on the Performance of Ripple (XRP)

The chart of XRP/USD shows that the bears were able to extend…

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Technical Outlook on the Performance of Ether (ETH)

The chart of ETH/USD shows that the bears were able to extend…

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Technical Outlook on the Performance of Bitcoin (BTC)

The chart of BTC/USD shows that it was difficult for the bulls…

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Weekly Recap

The week from June 10 to June 14, 2024, was marked by…

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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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