Loading...

Technical Analysis

Brent Oil Forecast: Potential Price Drop Ahead
Brent Oil Forecast: Potential Price Drop Ahead

The price of Brent oil broke the key resistance level of 84.00 and started an uptrend. The asset’s price rebounded to the crossing point of these trendlines and formed a long black candle at the end...

XAUUSD M15 | Bearish Drop
XAUUSD M15 | Bearish Drop

TitleXAUUSD M15 | Bearish DropTypeBearish DropPreference:Price is currently at the pivot point of 2357 a pullback resistance. A drop from this level could lead the price to fall to 1st support at...

S&P At Highs As Traders Brace For US Inflation
S&P At Highs As Traders Brace For US Inflation

S&P Back at HighsFollowing a roughly 6% correction lower in April, the S&P has managed to claw its way back into bullish territory with the index now back up just below all-time highs. Bullish...

Potential Bullish Bounce
Potential Bullish Bounce

TitlePotential Bullish BounceTypeBullish BouncePreference:Price is falling towards the pivot point of 82.32 which is a pullback support level and could potentially reverse from here; we could see...

Gold Traders Look to US Inflation
Gold Traders Look to US Inflation

US Inflation DueGold prices are starting the week on a softer footing as traders brace for crucial US economic readings this week with the latest inflation and retail sales data both due on Wednesday....

Bitcoin Holds Support - What to Watch?
Bitcoin Holds Support - What to Watch?

BTC Still Stuck in The MudIt’s been a frustrating couple of months for Bitcoin bulls. Following the breakout to fresh highs in early March, price has since corrected lower and settled into a congested...

Potential Bullish Breakout for Crude
Potential Bullish Breakout for Crude

TitlePotential Bullish Breakout for CrudeTypeBullish BreakoutPreference:Price is rising towards the pivot point of 85.00 which is a potential breakout level and could climb higher from here; we could...

Copper Hits 2yr Highs on USD & China News
Copper Hits 2yr Highs on USD & China News

Copper Breaks OutCopper prices were seen breaking out to their highest levels in two years today. A combination of a weaker US Dollar and developments within the Chinese macro backdrop have helped...

Gold Testing Highs As Dollar Sinks
Gold Testing Highs As Dollar Sinks

Gold Pushing HigherGold prices are pushing firmly higher into the end of the week with gold futures now once again testing the bull channel highs and 2364.93 resistance. The driver behind the move is...