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Technical Analysis

EURUSD Under Pressure As ECB Tightening Expectations Fade

September Hike in DoubtEUR has come under heavy selling pressure on the back of yesterday’s ECB meeting. While the central bank hiked rates by a further .25% as expected, the tone of the meeting was...

GBPUSD H4 | Bounce of support level?

TitleGBPUSD H4 | Bounce of support level?TypeBullish BouncePreference:Price is currently at our pivot point of 1.27746 which is a pullback support level that aligns with 61.8% Fibo projection. A...

BCOUSD H4 | Potential reversal off Fibo confluence?

TitleBCOUSD H4 | Potential reversal off Fibo confluence?TypeBearish ReversalPreference:Price is rising towards the pivot point of 84.288 which is an overlap resistance that aligns with a confluence of...

BOJ Lays The Groundwork For Tightening

Subtle Shifts From BOJThe Bank of Japan meeting earlier this morning was a very interesting affair altogether, and for those who rose early/or stayed up late, we were treated to plenty of volatility....

GBPUSD H4 | Potential react off 50% Fibo?

TitleGBPUSD H4 | Potential react off 50% Fibo?TypeBearish ReversalPreference:Price is approaching our pivot point of 1.29757 that aligns with 50% Fibo retracement. A reverse from here, price could...

Gold Rallying As USD Slides Post-FOMC

 USD Falls Following FOMCThe US Dollar has turned lower on the back of the July FOMC yesterday. The Fed hiked rates by a further .25%, as expected, taking rates to their highest level in 22 years....

Meta Stock Soars On Bumper Earnings Report

EPS & Revenues Beat TargetsShares in Meta are trading over 6% higher ahead of the open today following the release of Q2 earnings after market close yesterday. The group posted a beat on both...

AUDUSD H4 | Rising into resistance

TitleAUDUSD H4 | Rising into resistanceTypeBearish ReversalPreference:Price is rising towards the pivot point of 0.68331 which is a pullback resistance that aligns with the 127.2% Fibonacci extension...

USDCAD H4 | Approaching pullback support

TitleUSDCAD H4 | Approaching pullback supportTypeBullish BouncePreference:Price is falling towards the pivot point of 1.31529 and could potentially reverse from here; we could see momentum carry price...