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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 Inches Down Despite Lower Inflation Report

On Friday the euro posted slight losses and EUR/USD traded at about…

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AUD Climbs To 4-Month High

On Friday, the Australian dollar was down, and AUD/USD traded at about…

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USD Steady, But Set for Sharp Weekly Drop

On Friday, the U.S. dollar inched in European trade but was set…

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Technical Outlook on the Performance of Dogecoin (DOGE)

DOGE/USD moved steadily to the upside and then encountered a barrier level…

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Technical Outlook on the Performance of Ether (ETH)

The chart of ETH against USD shows that the bulls were able…

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Technical Outlook on the Performance of Bitcoin (BTC)

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

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JPY Flat as Japan’s Economy Contracts

On Thursday, the Japanese yen rose 0.85% early in the day but…

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EUR Inches Down After ECB Warns of Potential Financial Instability

On Thursday the euro dropped slightly, and EUR/USD traded at about 1.0860,…

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AUD Soars After Inflation in US Eases

On Thursday the Australian dollar was down after soaring 1% on Wednesday.…

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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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