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Technical Analysis

USDCHF H4 | Bullish bounce
USDCHF H4 | Bullish bounce

TitleUSDCHF H4 | Bullish bounceTypeBullish BouncePreference:The price could pull back to the pivot at 0.84541, the overlap support before bouncing off and rising to the 1st resistance level at...

Copper Price Plunge Deepens
Copper Price Plunge Deepens

Copper Fall DeepensCopper prices are coming under fresh selling pressure on Tuesday as the correction lower continues. The futures market is now down around 5% from last year’s highs as geopolitical...

GBPUSD H4 | Potential bullish breakout
GBPUSD H4 | Potential bullish breakout

TitleGBPUSD H4 | Potential bullish breakoutTypeBullish BreakoutPreference:GBPUSD could rise and break out of the pivot at 1.27616, the pullback resistance, the price could continue to rise to the 1st...

USDJPY H4 | Bearish reversal
USDJPY H4 | Bearish reversal

TitleUSDJPY H4 | Bearish reversalTypeBearish ReversalPreference:USDJPY could rise to the pivot at 144.563, the pullback resistance before reversing off to the 1st support at 141.845, the overlap...

Bitcoin Breaking Out As Traders Await SEC Decision
Bitcoin Breaking Out As Traders Await SEC Decision

Bitcoin Rally ContinuesBitcoin prices broke out to their highest levels yesterday since early 2022. The driver behind the move is ongoing optimism ahead of the upcoming SEC deadline tomorrow. The SEC...

EURJPY Caught Between ECB/BOJ Outlook
EURJPY Caught Between ECB/BOJ Outlook

Dovish ECB ViewEURJPY remains under pressure today with the market back below the 158.50 level after a failed attempted breakout last week. The pair has been capped by the level since early December...

Gold Traders Eyeing US CPI This Week
Gold Traders Eyeing US CPI This Week

Gold Turning Lower on MondayGold prices have come under heavy selling pressure on Monday with the futures market shedding around 1.3% so far. The decline comes against continued strength in the US...

Crude Dropping on Saudi Price Cuts
Crude Dropping on Saudi Price Cuts

Saudi Arabia Cuts Selling PriceOil prices came under pressure on Monday as traders digested news of fresh price cuts from de-facto OPEC leader Saudi Arabia.  The kingdom slashed the official selling...

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Bitcoin Rallying Ahead of SEC Deadline

BTC Higher on MondayBitcoin prices are on the rise today as optimism over expected SEC approval of ETF applications continues to build. The SEC currently has until January 10th to decide on the...