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Forex

GBPUSD Day | React off resistance
GBPUSD Day | React off resistance

TitleGBPUSD Day | React off resistanceTypeBearish ReversalPreference:Price is currently at our pivot point of 1.25776 which is a pullback resistance level. A reverse from here. price could fall to 1st...

EURUSD H4 | Potential bearish reversal
EURUSD H4 | Potential bearish reversal

TitleEURUSD H4 | Potential bearish reversalTypeBearish ReversalPreference:Price is currently at our pivot point of 1.07753 which is a swing high resistance level. A reverse from here, price could fall...

How Will ECB Meeting Drive EUR Next Week?
How Will ECB Meeting Drive EUR Next Week?

ECB On Watch Next Week Looking ahead to next week, the other main focus for traders away from the Fed will be the ECB. The bank is widely expected to hike rates by a further .25%, in line with recent...

USDCHF H4 | Bounce off Fibo confluence
USDCHF H4 | Bounce off Fibo confluence

TitleUSDCHF H4 | Bounce off Fibo confluenceTypeBullish BouncePreference:Price has just bounced off from our pivot point of 0.89806 which aligns with a 50% and 78.6% Fibo retracement. A bounce off from...

Markets Struggle to Pin Down a Turning Point in US Expansion
Markets Struggle to Pin Down a Turning Point in US Expansion

The dollar hit a corrective low yesterday following the release of US labor market data:The US Dollar Index (DXY) fell below the 104.40 level, marking a low point in the retracement since the...

CADJPY H4 | Bullish reversal from overlap support
CADJPY H4 | Bullish reversal from overlap support

TitleCADJPY H4 | Bullish reversal from overlap supportTypeBullish BouncePreference:Price could approach the pivot point of 104.201 and potentially reverse from here; we could see momentum carry price...

GBPUSD H4 | React off 78.6%
GBPUSD H4 | React off 78.6%

TitleGBPUSD H4 | React off 78.6%TypeBullish BreakoutPreference:The price is rallying towards our pivot point of 1.25044, which aligns with a 78.6% Fibonacci retracement. If there is a reversal from...

USDCHF H4 | Potential bearish reversal
USDCHF H4 | Potential bearish reversal

TitleUSDCHF H4 | Potential bearish reversalTypeBearish ReversalPreference:Price is approaching our pivot point of 0.91175 which is pullback resistance level. A reverse from here, price could fall to...

Dollar Extends Pullback but Buying Pressure may Resurface in the run-up to the May CPI Report
Dollar Extends Pullback but Buying Pressure may Resurface in the run-up to the May CPI Report

Dollar Extends Pullback but Buying Pressure may Resurface in the run-up to the May CPI ReportThe trend corridor for USDCAD held its ground despite the unexpected decision by the Bank of Canada to...