AUDUSD Technical Analysis – 31st OCT, 2024 AUDUSD – Near Support of Channel image AUDUSD was unable to continue its bearish momentum and after touching a low of 0.6563 the prices have started to correct upwards against the United States Dollar ...

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Technical Analysis of USD/CHF: Rate Reaches Key Resistance Level image As seen on the USD/CHF chart, the pair has been moving within a descending channel (highlighted in red) since May. In September, price action confirmed that the 0.84000 level, ...

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Alphabet Inc. (GOOGL) Shares Rise to $180 Following Earnings Report image On September 10, we noted that GOOGL shares: → Were forming an ascending channel (highlighted in blue on the chart below, updated with the latest trading data); → Could ...

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Dollar Continues Aggressive Rise Ahead of U.S. Elections image The U.S. dollar is reaching new highs, driven by rising bets on Trump’s potential success in the upcoming election, which has renewed its appeal as a safe-haven currency. Over the past ...

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Market Analysis: GBP/USD Recovers While EUR/GBP Struggles image GBP/USD is attempting a recovery wave above the 1.2950 resistance. EUR/GBP declined steadily below the 0.8330 and 0.8325 support levels. Important Takeaways for GBP/USD and EUR/GBP ...

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The Three Black Crows Pattern: Trading Principles image Various candlestick and chart patterns indicate potential market reversals. One such formation is the three black crows pattern that indicates a potential bearish reversal in the price of an ...

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Nasdaq 100 Consolidates Ahead of Major Market Leader Earnings Reports image This week, five companies with market capitalisations exceeding $1 trillion are set to release their quarterly earnings: → Alphabet (GOOGL) on October 29 → Microsoft ...

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McDonald's (MCD) Stock Trades Below $300 Ahead of Earnings Report image The $300 level has proven psychologically significant for McDonald’s (MCD) stock: → In summer 2023, bullish investors failed to push the price above this mark, leading to a ...

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The Purchasing Managers’ Index (PMI): What Does It Tell Traders? image The Purchasing Managers’ Index (PMI) is a widely watched economic indicator that helps traders assess the overall health of the economy via an early snapshot of business ...

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USDJPY Technical Analysis – 28th OCT, 2024 USDJPY – RSI Indicator: Bullish Divergence image USDJPY was unable to continue its Bearish momentum and after touching a low of 152.40 the prices started to correct upwards against the United States ...

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USDCAD Technical Analysis – 28th OCT, 2024 USDCAD – Resistance of Channel is Broken image USDCAD was unable to continue its Bearish momentum and after touching a low of 1.3881 the prices started to correct upwards against the United States Dollar ...

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NZDUSD Technical Analysis – 28th OCT, 2024 NZDUSD – Moving Average Bearish Crossovers image NZDUSD was unable to continue its bullish momentum and after touching a high of 0.5997 the prices started to decline against the United States Dollar today ...

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GBPUSD Technical Analysis – 28th OCT, 2024 GBPUSD – Bearish Trend Reversal Pattern image GBPUSD was unable to continue its bullish momentum and after touching a high of 1.3000 the prices started to decline against the United States Dollar today in ...

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EURUSD Technical Analysis – 28th OCT, 2024 EURUSD – RSI indicator: Bearish Divergence image EURUSD was unable to continue its bullish momentum and after touching a high of 1.0832 the prices started to decline against the United States Dollar today ...

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AUDUSD Technical Analysis – 28th OCT, 2024 AUDUSD – Near Horizontal Resistance image AUDUSD was unable to continue its bullish momentum and after touching a high of 0.6639 the prices have started to decline against the United States Dollar today ...

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USD/JPY Chart Analysis: Rate Hits Autumn High image Today’s USD/JPY chart indicates that the U.S. dollar has strengthened against the yen by over 6.6% since the beginning of the month. Starting this trading week, the rate has surpassed 153 yen per ...

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Market Analysis: EUR/USD Dives, USD/JPY Remains In Strong Uptrend image EUR/USD declined from the 1.0880 resistance and corrected gains. USD/JPY is rising and might gain pace above the 153.85 resistance. Important Takeaways for EUR/USD and USD/JPY ...

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A Bearish Gap on the Brent Crude Oil Chart image As the XBR/USD chart shows, Brent crude oil prices formed a gap at the start of this week: while Friday’s session closed at 75.60, Monday’s opening price dropped below 72.60. According to Reuters, ...

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What Is a Doji Candle, and How Can You Use It in Trading? image A Doji candle is a technical analysis tool reflecting the uncertainties in the market. Although it provides strong signals, it should be used with other patterns or technical ...

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Coca-Cola (KO) Share Price Drops Sharply After Earnings Report image On 23 October, Coca-Cola (KO) released its third-quarter earnings, which exceeded forecasts: → Earnings per share (EPS): Actual = $0.77; Expected = $0.74 → Gross revenue: Actual ...

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