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Technical Analysis

XAUUSD H1 | Bearish continuation expected
XAUUSD H1 | Bearish continuation expected

TitleXAUUSD H1 | Bearish continuation expectedTypeBearish ReversalPreference:Price is rising toward the pivot point of 2346-2350, overlap resistance close to the 38.2% Fibonacci retracement level. A...

Copper Surges to Two Year Highs
Copper Surges to Two Year Highs

Copper Rally ContinuesThe rally in copper prices continues to gain ground this week with copper futures breaking out to further fresh highs on the year. Copper futures are now up around 33% off the...

GBPUSD H4 | Bearish Drop
GBPUSD H4 | Bearish Drop

TitleGBPUSD H4 | Bearish DropTypeBearish DropPreference:Price is currently at the pivot of 1.2556 which is close to 61.8% Fibonacci retracement. A drop from this level could lead the price to fall to...

Pound Falls On Weak UK Jobs Data
Pound Falls On Weak UK Jobs Data

UK Unemployment RisesThe British Pound is seeing some selling pressure through early European trading on Tuesday with GBPUSD turning lower from yesterday’s highs. The latest UK economic data released...

Bearish Downtrend
Bearish Downtrend

TitleBearish DowntrendTypeBearish ReversalPreference:Price could rise towards the pivot point of 0.6023 which is a pullback resistance level and potentially reverse from here; we could see momentum...

Potential Bearish Reversal
Potential Bearish Reversal

TitlePotential Bearish ReversalTypeBearish ReversalPreference:Price is rising towards the pivot point of 28.69 which is a pullback resistance level and could potentially reverse from here; we could...

Calm Before the Storm in FX
Calm Before the Storm in FX

US Inflation Key This WeekWe’re seeing quiet trading across the board on Tuesday as traders brace for tomorrow’s headline CPI data. The reading will be pivotal in determining USD direction over the...

Overlap Support at 61.8% Fibonacci Retracement
Overlap Support at 61.8% Fibonacci Retracement

TitleOverlap Support at 61.8% Fibonacci RetracementTypeBullish BouncePreference:Price is falling towards the pivot point of 1.3629 which is an overlap support that aligns with the 61.8% Fibonacci...

EURUSD H4 | Bullish bounce
EURUSD H4 | Bullish bounce

TitleEURUSD H4 | Bullish bounceTypeBullish BouncePreference:Price is falling toward the pivot point of 1.0750, a pullback support that aligns with the 61.8% Fibo retracement. A bounce from this level...