Gold Correction ContinuesGold prices are looking vulnerable this week amidst a bout of fresh USD strength ahead of the FOMC later today. Yesterday’s November CPI reading showed that inflation slowed...
BCOUSD D1 | Falling to pullback support
TitleBCOUSD D1 | Falling to pullback supportTypeBullish BouncePreference:Price is falling towards the pivot point of 71.655 which is a pullback support and could potentially reverse from here; we...
GBP Slides on Fresh GDP Drop
UK GDP Sinks in OctoberThe British Pound has come under fresh selling pressure today on the back of weaker-than-forecast GDP data this morning. October GDP printed -0.3%, down from 0.2% prior and...
USDCHF H4 | Reversing to support level?
TitleUSDCHF H4 | Reversing to support level?TypeBearish ReversalPreference:Price is reacting off our pivot line at 0.87631, a pullback resistance, and is falling to the 1st support at 0.86884, a swing...
TitleUSDJPY H4 | Breaking support level?TypeBearish ReversalPreference:Price is breaking through the support at 145.315, an overlap support, and is heading to our 1st support at 144.582, a pullback...
EURUSD H4 | Reacting off resistance?
TitleEURUSD H4 | Reacting off resistance?TypeBearish ReversalPreference:The price is rising toward our pivot point of 1.0813, which serves as an overlap resistance. A reversal from this point could...
Bitcoin Longs Squeezed As Futures Sink
Fresh BTC VolatilityBitcoin prices appear to be stabilising on Tuesday following a more than 10% crash yesterday. The crypto space has been heating up again in recent months with an almost 70% rally...
USDCAD H4 | Bullish Bounce?
TitleUSDCAD H4 | Bullish Bounce?TypeBearish BreakoutPreference:Price is bouncing off our pivot line at 1.354 a multi-swing low support and is rising towards our resistance at 1.362 a pullback...
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