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Technical Analysis

USDJPY Is At A Pivot, Potential For Bounce! | 23 Sept 2021

Type:Bearish ReversalSupport: 109.594Resistance: 110.077Pivot: 109.966Preference:Price is currently consolidating in a downward channel and approaching our pivot at 109.966 in line with 88% Fibonacci...

Ruble Might Test the Level of 72 Soon

Good day,The USD/RUB pair tried to jump to no avail. The asset should test the support around the level of 72.00 first and possibly jump.The EUR/USD pair is touching the level of 1.1704 and forming...

USDJPY Has Potential For A Bounce | 22 Sept 2021

Type:Bearish ReversalResistance: 109.699Support: 109.112Pivot: 109.584Preference:USDJPY is on a bearish momentum. Price is approaching our pivot at 109.585 in line with 50% Fibonacci retracement and...

EURUSD H&S playing out, potential for further downside | 22 Sept 2021

Type: Further Bearish DownsidePivot: 1.17480Resistance: 1.1778Support: 1.16635Preference: Price is approaching pivot where we may potentially see bearish pressure towards the 1st Support, in-line with...

DAX is reacting at pivot, potential for drop | 22 Sept 2021

Type: Bearish DropPivot: 15,430Resistance: 15,549Support: 15,430Preference: DAX H4 testing pivot where we may potentially see bearish pressure towards the 1st Support, in-line with 61.8% and 78.6%...

The Fed may Erase Early Optimism as Rate hikes may be Closer than Expected

European markets and US equity index futures stabilised after decline on Monday, futures for the S&P 500 bounced as expected after a failed breach of the 50-day SMA:The rest of the markets also...

EURUSD H&S playing out, potential for further downside | 21 Sept 2021

Type: Further Bearish DownsidePivot: 1.17480Resistance: 1.1778Support: 1.16635Preference: Price is approaching pivot where we may potentially see bearish pressure towards the 1st Support, in-line with...

DAX is reacting above pivot, potential for further upside | 21 Sept 2021

Type: Further Bullish UpsideResistance: 15,445Support: 15,000Pivot: 15,214Preference: DAX H4 is reacting above pivot where we may potentially see further upside towards 1st Resistance, in-line with...

USDJPY Is Consolidating In A Triangle | 21 Sept 2021

Resistance: 109.915Support: 109.327Pivot: 109.511Type:Bearish BreakoutPreference:USDJPY is consolidating in a triangle. Price is facing bullish pressure and may ascend to our 1st resistance at 109.915...