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On August 1, 2025, the Institute for Supply Management released ISM Manufacturing PMI report. The report indicated that ISM ...
Price has broken below ascending channel support, marking a potential trend reversal and signaling fading bullish momentum and is poised for its biggest weekly decline since March.
From a technical perspective, this week's breakdown below a nearly two-month-old ascending channel support, which coincided with the 200-period Simple Moving Average (SMA) on the 4-hour chart, was ...
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