Loading...

Technical Analysis

Dollar Holding On As Retail Sales Remain Positive
Dollar Holding On As Retail Sales Remain Positive

USD Selling PausesThe US Dollar failed to continue the breakdown we saw on Tuesday as better-than-forecast retail sales data yesterday helped stem the selling. While still very weak at 0.1%, down from...

EURUSD H4 | Bouncing off support?
EURUSD H4 | Bouncing off support?

TitleEURUSD H4 | Bouncing off support?TypeBullish BouncePreference:The price is falling toward our pivot point of 1.07545, which serves as a pullback support level that aligns with the 38.2% Fibo...

SEC Delays Fuel Bitcoin Unwinding
SEC Delays Fuel Bitcoin Unwinding

SEC Delays… AgainBitcoin prices surged higher once again yesterday with BTC futures rallying almost 10% off the week’s lows yesterday. The move came amidst news that the SEC has deferred ruling on the...

GBP Reversing On Heavy inflation Drop
GBP Reversing On Heavy inflation Drop

CPI Slides 2%In reassuring news for both UK households and the BOE, UK inflation was seen cooling sharply last month. Headline annualised inflation fell back to 4.6% from 6.7% prior, below the 4.7%...

EURUSD H4 |  Reacting off resistance level?
EURUSD H4 |  Reacting off resistance level?

TitleEURUSD H4 |  Reacting off resistance level?TypeBearish ReversalPreference:Price has just reacted off our pivot point of 1.08806, which serves as a multi swing high resistance level. A reversal...

XAUUSD H4 I Falling to support level?
XAUUSD H4 I Falling to support level?

TitleXAUUSD H4 I Falling to support level?TypeBearish ReversalPreference:The price is rising toward our pivot point of 1976, which serves as a pullback resistance. A reversal from this point could...

Nasdaq Testing YTD Highs On CPI Rally
Nasdaq Testing YTD Highs On CPI Rally

CPI Driven VolatilityYesterday saw widespread volatility across all asset classes as traders digested the latest US inflation figures. There has been plenty of attention on the Fed recently given the...

NZDUSD H4 | Running into 127.2% Fibo resistance
NZDUSD H4 | Running into 127.2% Fibo resistance

TitleNZDUSD H4 | Running into 127.2% Fibo resistanceTypeBearish ReversalPreference:Price is rising towards the pivot point of 0.60491 which is a multi-swing-high resistance that aligns with the 127.2%...

Gold Prices Higher Ahead of US Retail Sales
Gold Prices Higher Ahead of US Retail Sales

Gold Rally ContinuesGold prices are trading higher through the middle of the week, spurred on by a weaker US Dollar. The greenback plunged yesterday in response to a cooler-than-forecast set of US...