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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Brent Crude Oil Technical Analysis, the price reached the fourth target of the fifth bullish wave
Technical Analysis for Brent Crude Oil, the price reached the fourth target of the fifth bullish wave on the weekly chart, the 1.272 FIB extension at 130.00. The price went…
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AUD/USD Technical Analysis, the pair reached a resistance zone
Technical analysis for the AUD/USD, the pair reached the second target of the daily bullish wave, the 1.618 FIB extension at 0.7540. The zone between 0.7540-55 should provide resistance and…
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DXY Dollar Index Technical Analysis, the index reached the second target for the bullish wave
Technical analysis for the DXY dollar index, the index is holding the low and 0.382 FIB retracement on the daily chart around 97.75. If the DXY index breaks below the…
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