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Technical Analysis

Gold Prices Capped By USD Rally Ahead of ISM Data

Rising USD Weighing on GoldThe US Dollar is pushing higher again this week which is weighing heavily on gold prices currently. Despite the market no longer pricing in any further Fed rate hikes this...

NZDUSD H4 | Bearish reversal

TitleNZDUSD H4 | Bearish reversalTypeBearish ReversalPreference:Price has reversed from the pivot point of 0.62198 which is an overlap resistance that aligns with the 61.8% Fibonacci retracement...

RBA Catches Traders Offside With Rate Pause

AUD Under PressureThe Aussie Dollar has been under heavy selling pressure across the European morning on Tuesday, following the August RBA meeting overnight. The bank caught markets a little offside...

Crude Testing YTD Highs As Rally Continues

Crude Breaking HigherOil prices are this week trading at their highest levels since April. Crude futures have put in a solid rally over the last month, rising by over 17% from the July lows. Price is...

EURUSD H4 | Bounce off Support level?

TitleEURUSD H4 | Bounce off Support level?TypeBullish BouncePreference:Price is currently at our pivot of 1.09792 which is an overlap support that aligns with 61.8% Fibo retracement, A bounce off from...

AUDUSD H4 | Bearish momentum

TitleAUDUSD H4 | Bearish momentumTypeBearish ReversalPreference:Price has reversed from the pivot point of 0.67351 which is a pullback resistance that aligns close to the 61.8% Fibonacci retracement...

Uber Stock Trading Higher Ahead of Q2 Earnings

Uber Earnings on DeckControversial tech company Uber will report Q2 earnings later today and traders are bracing for plenty of volatility around the release. Ahead of the open today, Uber is trading...

GBPUSD H4 | Potential bearish reversal?

TitleGBPUSD H4 | Potential bearish reversal?TypeBearish ReversalPreference:Price is moving toward our pivot point of 1.2884 that aligns with 50% FIbo retracement. A reverse from here, price could fall...

China to Announce Fresh Measures Following PMI Miss

Factory Activity Drops AgainThe latest data out of China overnight has offered little reassurance over the health of the world’s second largest economy. The manufacturing PMI was seen staying in...