Technical analysis for the DXY index, the dollar index closed the week with a bearish engulfing candle, starting a pullback. The first target for this pullback, the 0.382 FIB retracement…
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FXCM Dollar Index Technical Analysis, the index closed the week with a bearish inside candle
Technical analysis for the FXCM dollar index, the price closed the week with a bearish inside candle, starting a pullback. The first target for this pullback, the 0.382 on the…
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The European Central Bank surprised the markets
The European Central Bank surprised the market during the last week’s monetary announcement. The bank left the interest rate unchanged. However, the bank didn’t rule out a rate hike in…
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S&P 500 Technical Analysis, the index retraced to 0.618 FIB retracement
Technical analysis for S&P 500, the index retraced to the key 0.618 FIB retracement on the weekly chart at 4590. If the index breakout and holds above the 0.618 FIB…
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Meta Platforms Inc (Facebook/FB) Technical Analysis, the shares reached the second target of the bullish weekly wave
Technical analysis for Meta Platforms (Facebook/FB), the shares reached the second target of the bullish wave on the weekly chart, the 1.618 FIB extension at 382$. That was close to…
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Federal Reserve signaled rate hike in March
In the latest FOMC Statement and during the press conference, Chairman Powell and FOMC members signaled determination for an interest rate hike in March 2022. That was something that the…
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GBP/JPY Technical Analysis, the pair closed the week with a low-test candle
Technical analysis for GBP/JPY, the pair closed the week with a low-test candle on the weekly chart, bouncing from support and 0.500 FIB retracement. The first target for this bounce…
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Amazon(AMZN) Technical Analysis, the shares formed double tops on the weekly and the daily charts
Technical analysis for Amazon(AMZN), the price formed a double top on the monthly, weekly, and daily charts and started a pullback. The first target of this pullback, the 0.382 FIB…
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US Oil Technical Analysis, the price formed a double top on the weekly chart
Technical analysis for US Oil, the price formed a double top on the weekly chart, signaling a pullback. The first target for this pullback is the 0.382 FIB retracement on…
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FED Chairman Powell in the spotlight
The Federal Reserve of the US is finally ready to take the necessary actions to fight the increasing inflation in the USA. FOMC members expressed readiness to increase the interest…
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EUR/GBP Technical analysis, the pair formed tweezer bottom on the weekly chart
Technical analysis for the EUR/GBP, the pair formed a tweezer bottom pattern on the weekly chart. The EUR/GPB bounced from a support zone, signaling a pullback. The first target for…
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Brent Oil Technical analysis, bulls are pushing for breakout
Technical analysis for Brent Crude Oil, the price broke out on the weekly and the daily charts, a signal for further upside potential. The next target for the latest bullish…
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