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Technical Analysis

EURGBP H4 | Bullish breakout

TitleEURGBP H4 | Bullish breakoutTypeBullish BreakoutPreference:EURGBP is rising towards the pivot point at 0.862, the pullback resistance. It might break out of pivot point and continue to rise to...

GBPJPY H4 | Bullish bounce

TitleGBPJPY H4 | Bullish bounceTypeBullish BouncePreference:The price is bouncing off the pivot point at 185.977, which is a pullback support that aligns closely with the 78.6% Fibonacci retracement...

FTSE Falls As UK Inflation Jumps

UK CPI RisesUK stocks have come under heavy selling pressure over early European trading on Wednesday. While the market has been in corrective mode since the late December highs, selling was amplified...

Dollar Rallies on Fed's Rates Pushback

Waller Says Fed Relaxed on Rate Cut TimingThe US Dollar continues to make ground across early 2024 trading as Fed members pushback against those calling for imminent rate cuts in the US. Speaking...

Potential Bullish Breakout

TitlePotential Bullish BreakoutTypeBullish BreakoutPreference:Price is rising towards the pivot point of 147.588 which is an overlap resistance that aligns with the 61.8% Fibonacci retracement level...

Copper Falls on China Data Wobble & Strong USD

Stronger USD Weighing on CopperCopper prices remain under pressure into the middle of the week as a combination of a stronger US Dollar and weaker data out of China weigh on trader sentiment.  With...

Potential Bearish Breakout

TitlePotential Bearish BreakoutTypeBearish BreakoutPreference:Price is falling towards the pivot point of 1.08619 which is a pullback support level and could potentially break below this level; we...

Potential Bullish Bounce

TitlePotential Bullish BounceTypeBullish BouncePreference:Price is falling towards the pivot point of 77.303 which is a pullback support level and could potentially reverse from here; we could see...

Potential Bullish Reversal

TitlePotential Bullish ReversalTypeBullish bouncePreference:Price is falling towards the pivot point of 0.66138 which is a pullback support level and could potentially reverse from here; we could see...