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Technical Analysis

EURUSD H1 | Bearish Reversal
EURUSD H1 | Bearish Reversal

TitleEURUSD H1 | Bearish ReversalTypeBearish ReversalPreference:Price is rising toward the pivot point of 1.0700, a pullback resistance close to the 61.8% Fibonacci retracement level. A reversal from...

Silver Futures (SI1!), H4 Falling to 61.8% Fibonacci Support
Silver Futures (SI1!), H4 Falling to 61.8% Fibonacci Support

Silver Futures (SI1!), H4 Falling to 61.8% Fibonacci SupportType:Bullish ReversalKey Levels:Resistance: 29.66Pivot: 28.73Support: 28.18Preferred Case:Looking at the H4 chart, my overall bias for...

XAUUSD H1 | Bearish Drop
XAUUSD H1 | Bearish Drop

TitleXAUUSD H1 | Bearish DropTypeBearish DropPreference:Price is currently at the pivot of 2322.99, an overlap resistance close to 61.8% Fibo retracement.  A drop from this level could lead the price...

USD Volatility Risks Into Inflation Data
USD Volatility Risks Into Inflation Data

USD On WatchAll eyes are on the US Dollar today as traders brace for the release of the latest US Core PCE data. Given its importance to the Fed in calculating overall inflation, the reading is often...

GBPUSD H1 | Bearish Momentum
GBPUSD H1 | Bearish Momentum

TitleGBPUSD H1 | Bearish MomentumTypeBearish ReversalPreference:Price is nearing the pivot point of 1.2637, a pullback resistance. A drop from this level could lead the price to fall to 1st support at...

Bitcoin Forecast: Potential Price Rise Ahead
Bitcoin Forecast: Potential Price Rise Ahead

The price of Bitcoin tested the psychological support level of 60000 and formed the piercing line at the end of the trading day. This level also acts as a bearish trap, and the price of Bitcoin keeps...

US Inflation Data Key For JPY Intervention
US Inflation Data Key For JPY Intervention

 USDJPY Breaks Fresh HighsThe US Dollar continues to push higher as traders await key inflation data tomorrow. Yesterday, USDJPY broke out to its highest level since 1986, moving above the level at...

XAUUSD H4 | Approaching Multi-swing-low Support
XAUUSD H4 | Approaching Multi-swing-low Support

TitleXAUUSD H4 | Approaching Multi-swing-low SupportTypeBullish BouncePreference:Price could fall towards the pivot point of 2,292.05 which is a multi-swing-low support that aligns with the 127.2%...

Bitcoin Testing Major Support Level
Bitcoin Testing Major Support Level

Bitcoin Sell-Off DeepensFollowing a bumper start to the year, the Bitcoin market has suffered a period of stagnation over recent months with the March highs around the $74,3k mark holding as the...