Technical analysis for the USD/JPY, the pair reached the fourth target of the bullish wave on the weekly chart, the 2.618 FIB extension at 129.30. The bullish momentum is still…
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finance
EUR/CAD Technical Analysis, the pair formed tweezer bottom on the weekly chart
Technical analysis for the EUR/CAD, the pair reached the first target of the bearish wave on the weekly chart, the 1.272 FIB extension at 1.3600 and support at 1.3550 and…
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GBP/JPY Technical Analysis, the pair rejected the 0.618 FIB retracement
Technical analysis for the GBP/JPY, the pair reached the third target of the bullish wave on the weekly chart, the 2.272 FIB extension at 167.00. The price went as high…
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AUD/USD Technical Analysis, the pair broke below an ascending wedge
Technical analysis for the AUD/USD, the pair broke below ascending wedge on the daily chart, extending the pullback on the weekly chart and starting a bearish run on the daily…
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CHF/JPY Technical analysis, the pair reached the second target of the bullish wave
Technical analysis for CHF/JPY, the price reached the second target of the bullish wave on the monthly chart, the 1.618 FIB extension at 133.15 and the previous high at 134.61,…
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Copper Technical Analysis, resumed the bullish wave on the weekly chart
Technical analysis for Copper, the price broke above the 2021 high at 4.88$ on both the weekly and the daily charts, resuming the bullish wave on the weekly chart. The…
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GBP/NZD Technical Analysis, the pair formed a double bottom on the weekly chart
Technical analysis for the GBP/NZD, the pair formed a double bottom on the weekly chart, starting a pullback. The first target for this pullback is the 0.382 FIB retracement at…
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GBP/AUD Technical Analysis, the pair broke out above a Head & Shoulders pattern
Technical analysis for the GBP/AUD, the pair formed a morning star pattern on the weekly chart bouncing from strong support, signaling a pullback on the weekly chart. The pair also…
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NZD/USD Technical Analysis, the price broke below an ascending trend line
Technical analysis for NZD/USD, the price broke below ascending trend line on the daily chart, which is a signal for further declines. The first target for this breakout is the…
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USD/CAD Technical Analysis, the pair broke below the ascending triangle
Technical analysis for the USD/CAD, the pair broke below the ascending triangle on the weekly chart. The first target for this breakout, the previous weekly low at 1.2450, was reached….
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US Crude Oil Technical Analysis, the price rejected a resistance zone on the monthly chart
Technical Analysis for the US Crude Oil, the price rejected resistance zone around 115$ with a high-test candle on the monthly chart, starting a pullback. The first target for this…
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ECB signaled a rate hike in 2022, FOMC members suggest a 0.50% rate hike in the May meeting
The market participants balance the news from the war between Russia and Ukraine, high inflation, and Central Banks changing monetary policies. In the latest meeting of the ECB, the Central…
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