Technical analysis for NASDAQ, the index closed the week with a low-test candle on the weekly chart, bouncing from support, signaling a pullback. We must keep in mind that despite…
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S&P 500 Technical Analysis, the index brokeout below a Head & Shoulders pattern
Technical analysis for S&P 500, the index closed below the 0.382 FIB retracement on the weekly chart and broke below the neckline of a Head & Shoulders pattern on the…
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NASDAQ Technical Analysis, the index is approaching a support zone
Technical analysis for NASDAQ, the index is approaching a support zone between 12 450 and 12 208, within that zone, we also have dynamic support. That could be enough to…
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EUR/AUD Technical Analysis, the pair formed ascending triangle on the daily chart
Technical analysis for EUR/AUD, the pair closed the month with a low-test candle on the monthly chart and formed ascending triangle on the daily chart, a sign of a potential…
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DXY Technical Analysis, the index closed above 0.618 FIB retracement on the monthly chart
Technical analysis for the DXY, the index closed above the 0.618 FIB retracement on the monthly chart, a sign of further upside potential. This bullish development opened the door for…
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The FED hiked the interest rates, and chairman Powell signaled another 0.50% rise in June
The Federal Reserve of the United States raised the interest rates in their meeting on the fourth of May 2022. During the Central Bank press conference, while answering questions, FED…
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FED Chairman Powell confirmed the 0.50% rate hike for the meeting in May
Last week in a speech for the IMF, the FED Chairman Powell confirmed the market expectation for a 0.50% rate hike for the meeting in May. As a result of…
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NZD/JPY Technical Analysis, the pair formed tweezer top on the weekly chart
Technical analysis for NZD/JPY, the pair rejected resistance and 0.786 FIB retracement at 86.65 with a high-test candle pattern forming a tweezer top on the weekly chart. On the daily…
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GBP/USD Technical Analysis, the pair broke below a descending triangle
Technical analysis for the GBP/USD, the price broke below a descending triangle on the daily chart. This breakout accelerated the decline toward the second target of the bearish wave on…
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USD/JPY Technical Analysis, the pair reached the fourth target of the bullish wave
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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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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