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Technical Analysis

NZDJPY H4 | Potential bearish reversal
NZDJPY H4 | Potential bearish reversal

TitleNZDJPY H4 | Potential bearish reversalTypeBearish ReversalPreference:Price has just reacted off our pivot point of 89.684 which is a multi swing high resistance. a reverse from here, price could...

The FTSE Finish Line - July 05 - 2023
The FTSE Finish Line - July 05 - 2023

The FTSE Finish Line - July 05 - 2023FTSE Faltering As Rate Hike Risks & China Concerns Sour SentimentOn Wednesday, British shares experienced a further decline as mining stocks retreated due to...

Gold Higher Ahead of FOMC Minutes
Gold Higher Ahead of FOMC Minutes

Traders Eyeing July Rate HikeThe FOMC minutes later today will be the main focus ahead of the US labour market reports due on Friday. On the back of the Fed holding rates steady last month, while...

NZDUSD H4 | Bearish reversal off pivot point
NZDUSD H4 | Bearish reversal off pivot point

TitleNZDUSD H4 | Bearish reversal off pivot pointTypeBearish ReversalPreference:Price is approaching our pivot point at 0.6188 which is a multi swing high resistance. Price could potentially become...

Aussie Rallies Despite RBA Rate Pause
Aussie Rallies Despite RBA Rate Pause

RBA Holds Rates SteadyThe Australian Dollar is trading with a bid tone across the European open on Tuesday. The rally comes despite the RBA holding rates unchanged overnight at its July monetary...

USDJPY Holds Near 145 Amidst Intervention Chatter
USDJPY Holds Near 145 Amidst Intervention Chatter

Intervention Coming?Speculation over potential Japanese intervention in FX markets is helping underpin the Yen today. USDJPY is holding around the 145 level, a price point which has previously...

Fresh Cuts Announced Ahead of OPEC+ Meeting Tomorrow
Fresh Cuts Announced Ahead of OPEC+ Meeting Tomorrow

What is OPEC?The Organization of the Petroleum Exporting Countries (OPEC) is a collective organization of 13 oil-producing nations that aims to coordinate and unify their petroleum policies....

AUDUSD H4 | Bearish Reversal off 38.2% Fibo
AUDUSD H4 | Bearish Reversal off 38.2% Fibo

TitleAUDUSD H4 | Bearish Reversal off 38.2% FiboTypeBearish ReversalPreference:Price is approaching the pivot point at 0.6717. Price may react to this high due to the 38.2% Fibo retracement level, and...

XAUUSD H4 | Bearish reversal off 50% Fibo
XAUUSD H4 | Bearish reversal off 50% Fibo

TitleXAUUSD H4 | Bearish reversal off 50% FiboTypeBearish ReversalPreference:Price is approaching our pivot point at 1931.09 which is an overlap resistance that aligns with the 50% Fibo retracement....