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Technical Analysis

Bullish Rebound
Bullish Rebound

TitleBullish ReboundTypeBullish BreakoutPreference:Price is rising towards the pivot point of 99.77 and we could potentially see momentum carry price up to its 1st resistance at 100.64 which is a...

GBPUSD H4 | Potential bearish reversal
GBPUSD H4 | Potential bearish reversal

TitleGBPUSD H4 | Potential bearish reversalTypeBearish ReversalPreference:Price is rising toward the pivot point of 1.2594, a pullback resistance close to the 38.2% Fibonacci retracement level. A...

Dollar Spikes on Inflation Upset
Dollar Spikes on Inflation Upset

CPI Squashes June Rate Cut HopesThe US Dollar has moved firmly higher on the back of yesterday’s March inflation reading. Annualised headline CPI was seen rising to 3.5% from 3.2% prior, above the...

EURUSD H4 | Bearish reversal
EURUSD H4 | Bearish reversal

TitleEURUSD H4 | Bearish reversalTypeBearish ReversalPreference:Price is rising toward the pivot point of 1.0804, a pullback resistance close to the 50% Fibonacci retracement level. A reversal from...

S&P500 Forecast: Potential Correction Underway!
S&P500 Forecast: Potential Correction Underway!

American stock index S&P500 keeps heading up. Currently, the price of this asset remains at the level of 5245. It might slightly rise in the future. However, the asset’s price is likely to undergo...

Gold Traders Brace For Inflation Fireworks
Gold Traders Brace For Inflation Fireworks

CPI Up NextGold traders are bracing for fireworks today with the latest US inflation figures due this afternoon. As traders continue to battle to tie down an expected Fed easing date, today’s data...

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What to Watch in Today's FOMC Minutes?

What Are the FOMC Minutes?The latest set of FOMC minutes are due later today and as always, traders are bracing for potential market moving details. The minutes essentially lay out the finer details...

Crude Rallies As Gaza Ceasefire Talks Fail
Crude Rallies As Gaza Ceasefire Talks Fail

Fresh Middle East TensionsOil prices remain buoyant today as tensions in the Middle East remain elevated after Hamas has reportedly rejected Israel’s latest ceasefire proposal. The group said the...

EURUSD M15 | Bearish Drop
EURUSD M15 | Bearish Drop

TitleEURUSD M15 | Bearish DropTypeBearish DropPreference:Price is currently at the pivot point of 1.0858, an overlap resistance. A drop from this level could lead the price to fall to 1st support at...