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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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USD Steady After Sharp Fall Induced By CPI

On Thursday the U.S. dollar was steady in European trade, after falling…

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Technical Outlook on the Performance of Solana (SOL)

The activities of the bears led to the formation of a support…

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Technical Outlook on the Performance of Ripple (XRP)

The chart of XRP/USD shows that the bulls were able to initiate…

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Technical Outlook on the Performance of Ether (ETH)

The chart of ETH/USD shows that the activities of traders sustained it…

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Technical Outlook on the Performance of Bitcoin (BTC)

The activities of the bulls strengthened BTC/USD at price levels above the…

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AUD Up as Wage Growth Dips

On Wednesday, the Australian dollar managed to extend its gains, and AUD/USD…

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EUR Flat After Mixed Eurozone Data

On Wednesday the euro drifted, and EUR/USD traded at about 1.0825, down…

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JPY Higher as US Inflation Falls More Than Anticipated

On Wednesday the Japanese yen gained. The yen rose as much as…

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USD Falls to One-Month Low Versus EUR

On Wednesday, the US dollar dropped to a one-month low against the…

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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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