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Technical Analysis

XAUUSD H4 | Potential react off 1st resistance?
XAUUSD H4 | Potential react off 1st resistance?

TitleXAUUSD H4 | Potential react off 1st resistance?TypeBearish ReversalPreference:Price is rising toward our pivot of 1924.772 that aligns with 61.8% and 38.2% Fibo retracement. A reverse from here,...

Gold Rallying On Falling US Yields
Gold Rallying On Falling US Yields

Metals Moving UpThe metals market is rallying back this week. After coming under heavy selling pressure over the last month, gold futures are on course to print their fourth consecutive positive...

Bitcoin Analysis: Potential Rise Ahead?
Bitcoin Analysis: Potential Rise Ahead?

Bitcoin did not manage to enter the supporting zone. It jumped instead, trying to form a long white candle at the end of the trading day and shape the engulfing. It’s noteworthy that the asset’s price...

BCOUSD H4 | Bearish reversal from 38.2% Fibo resistance
BCOUSD H4 | Bearish reversal from 38.2% Fibo resistance

TitleBCOUSD H4 | Bearish reversal from 38.2% Fibo resistanceTypeBearish ReversalPreference:Price has reversed from the pivot point of 83.451 which is a pullback resistance that aligns close to the...

XAUUSD H4 | Potential bearish reversal?
XAUUSD H4 | Potential bearish reversal?

TitleXAUUSD H4 | Potential bearish reversal?TypeBearish ReversalPreference:Price has is at our pivot zone between 1900-1905 which is a multi swing high resistance that aligns with 23.6% Fibo...

GBPUSD Testing Support Following PMI Plunge
GBPUSD Testing Support Following PMI Plunge

GBP Heavily SoldSimilar to what we’ve seen with EUR today, GBP has come under heavy selling pressure on the back of a dismal set of flash UK PMI readings this morning. The UK services PMI was seen...

Crude Heavily Lower Ahead of EIA & US PMIs
Crude Heavily Lower Ahead of EIA & US PMIs

Crude Slumps on China ConcernsCrude oil has taken a further turn lower this week. After a sustained rally over July which saw prices hitting fresh highs for the year earlier this month, crude futures...

EURUSD Sell Off Deepens On Weak PMI Readings
EURUSD Sell Off Deepens On Weak PMI Readings

EUR Under PressureThe Euro is coming under fresh selling pressure today on the back of the latest set of eurozone PMIs this morning. The manufacturing reading was seen remaining firmly in negative...

GBPJPY H4 | Bullish bounce off 61.8% fibo?
GBPJPY H4 | Bullish bounce off 61.8% fibo?

TitleGBPJPY H4 | Bullish bounce off 61.8% fibo?TypeBullish BouncePreference:Price has reacted off our pivot point at 185.32, which is an overlap support level and at the 61.8% fibo retracement level....