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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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EUR Flat as ECB Likely to Cut Rates

On Thursday, the euro showed limited movement before the rate decision by…

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GBP Flat as BoE Wage Growth Expectations Drop

On Thursday, the British pound was down slightly, and GBP/USD traded at…

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JPY Flat Ahead of Household Spending

On Thursday, the Japanese yen was steady after swinging sharp throughout the…

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Crude Prices Higher on Statements By OPEC+ Ministers

On Thursday, crude prices lifted by over $1 per barrel as the…

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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 activities of traders provided good…

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Technical Outlook on the Performance of Ether (ETH)

The chart of ETH against USD shows that the activities of traders…

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Technical Outlook on the Performance of Bitcoin (BTC)

The chart of BTC/USD shows that the activities of traders prompted stability…

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EUR Flat After Services in Germany Hits 12-Month Peak

On Wednesday, the euro was almost unchanged versus the US dollar and…

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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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