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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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CAD Lower After Bank of Canada Cuts Rates

On Wednesday, the Bank of Canada cut interest rates and the Canadian…

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AUD Ignores Australian GDP Missing Estimates

On Wednesday the Australian dollar showed little movement after beginning the week…

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USD Higher After Services Sector Data Comes in Stronger Than Expected

On Wednesday, the U.S. dollar was higher after data showed that in…

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Technical Outlook on the Performance of Ripple (XRP)

The bears were able to pull XRP/USD further to the downside beneath…

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Technical Outlook on the Performance of Bitcoin (BTC)

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

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CHF Climbs Ahead of Swiss Inflation

On Monday, the Swiss franc managed to extend its gains, and USD/CHF…

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EUR Flat After Improving Eurozone Manufacturing

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

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Soft Manufacturing Data Pushes USD To 3-Week Low

On Monday, the US dollar dropped to a 3-week low after data…

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Crude Inches Down as Investors Evaluate Extended OPEC+ Supply Cuts

On Monday crude prices inched down as investors evaluated the complex deal…

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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...

15/05/24
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May 15, 2024
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