TitleXAUUSD Day | Reacting off a pullback resistance?TypeBearish ReversalPreference:Wait for the price to pullback to our pivot point at 1885.032, which serves as a pullback resistance level. A...
DE30EUR H4 | Bearish reaction off 50% fibo?
TitleDE30EUR H4 | Bearish reaction off 50% fibo?TypeBearish ReversalPreference:Price could rise towards our pivot point at 15476.5, which is a pullback resistance level, aligning with the 50% fibo...
USDCAD Turns Lower Ahead of US/CAD Data Flow
USDCAD Heavily SoldUSDCAD is trading firmly lower today as the weakness in USD finds an easy match up with the strong Canadian Dollar. CAD has been one of the best performing currencies recently due...
Eurozone CPI Falls Sharply in August
EZ CPI Drops SharplyThe latest round of eurozone CPI figures made for better reading for the ECB today. Headline CPI was seen cooling to 4.3% last month, down from 5.2% prior and below the 4.5% the...
USD Pulls Back As Traders Mull US Data
USD Pulling BackThe US Dollar is correcting lower into the end of the week as traders brace for a slew of key US econ readings latest today. Yesterday. Final Q2 US GDP was seen coming in at 2.1%, as...
FTSE Under Pressure As Energy Prices Rise
Energy Prices Stoke ConcernsUK shares have come under heavy selling pressure again today with the FTSE falling around more than 1% over early European trading on Thursday. The index is now down almost...
Natural Gas Analysis: Potential Price Rise Ahead
The price of natural gas has closely approached the psychological level of 3.00 USD/MMBtu. At that, the asset’s price is trying to test this level for the third time in a row. As the cold season...
EURUSD Day, Bouncing off support?
TitleEURUSD Day, Bouncing off support?TypeBullish BouncePreference:Price is currently at our pivot point of 1.04737, which serves as an overlap support level. that aligns with the 127.2 Fibo...
AUDUSD H4 | Rising into 50% Fibo
TitleAUDUSD H4 | Rising into 50% FiboTypeBearish ReversalPreference:Price is rising towards the pivot point of 0.63991 which is a pullback resistance that aligns with the 50.0% Fibonacci retracement...
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