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Technical Analysis

XAUUSD 15m | Falling to 50% Fibonacci Support
XAUUSD 15m | Falling to 50% Fibonacci Support

TitleXAUUSD 15m | Falling to 50% Fibonacci SupportTypeBullish BouncePreference:Price is falling towards the pivot point of 2,429.80 which is a pullback support that aligns with the 50.0% Fibonacci...

USDCAD H1 | Potential Bullish Reversal
USDCAD H1 | Potential Bullish Reversal

TitleUSDCAD H1 | Potential Bullish ReversalTypeBullish BouncePreference:Price is falling towards the pivot point of 1.3670 which is a pullback support that aligns with the 38.2% Fibonacci retracement...

Oil Slides on China Demand Concerns
Oil Slides on China Demand Concerns

Crude Under PressureOil prices are seeing continued selling as we move through the European morning on Tuesday. Crude futures are now down around 3% from last week’s highs on the back of weaker data...

Gold Rallies on Dovish Powell Comments
Gold Rallies on Dovish Powell Comments

Powell Acknowledges Inflation FallGold prices are pushing higher today with the futures market testing resistance around the all-time highs on Tuesday. Growing expectations of forthcoming Fed easing...

China GDP Plunge Weighs on Copper
China GDP Plunge Weighs on Copper

China GDP Drops AgainCopper prices are trading in a muted fashion across the European morning on Monday. The latest economic data out of China overnight has done little to inspire confidence amongst...

EURUSD H4 | Falling to Pullback Support
EURUSD H4 | Falling to Pullback Support

TitleEURUSD H4 | Falling to Pullback SupportTypeBullish BouncePreference:Price is falling towards the pivot point of 1.0866 which is a pullback support level and could potentially reverse from here;...

Dollar Down on Dovish Fed Expectations
Dollar Down on Dovish Fed Expectations

DXY lower on MondayThe US Dollar remains weak across early European trading on Monday. The DXY is now down 2% from the June highs with USD finding sustained selling pressure recently amidst an uptick...

USDCHF H4 | Potential Bullish Bounce
USDCHF H4 | Potential Bullish Bounce

TitleUSDCHF H4 | Potential Bullish BounceTypeBullish BouncePreference:Price is falling towards the pivot point of 0.8932 which is a pullback support level and could potentially reverse from here; we...

NZDUSD 30m | Potential Bearish Breakout
NZDUSD 30m | Potential Bearish Breakout

TitleNZDUSD 30m | Potential Bearish BreakoutTypeBearish BreakoutPreference:Price could fall towards the pivot point of 0.6085 which is a potential breakout level and could drop lower from here; we...