Page 128 - Technical Analysis News Today

The Australian Dollar printed back-to-back negative days during the week against the US Dollar, courtesy of a warm inflation report in the United States (US) that justified the Federal Reserve’s stance to be patient in cutting borrowing costs.

Arbitrum (ARB) price has recorded a lot of volatility since the onset of 2024, trading within a range while the broader market rallied.

The EUR/USD pair continues with its struggle to gain any meaningful traction on Wednesday and oscillates in a narrow trading band below the 100-hour Simple Moving Average (SMA) during the Asian session.

Lido DAO (LDO) price has been consolidating for more than two months.

Copper extends the rally to new highs with the 4.03 level in sight. What’s next?

The EUR/USD price is trading in the red at 1.0922 at the time of writing. The pair corrects lower amid profit-taking.

The Swiss Franc (CHF) trades in a range in the upper 0.8700s against the US Dollar (USD) on Wednesday.

EUR/USD came within a touching distance of 1.0900 in the early American session on Tuesday but managed to erase its daily losses.

MicroStrategy stock (MSTR) gained another 7% on Tuesday, protecting shareholders from a worrying candlestick pattern at the start of the week.

EUR/USD continues its steady decline into midweek after the release of higher-than-expected inflation data from the United States (US) reduced the chances of an early interest-rate cut from the Federal Reserve (Fed).