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Technical Analysis

EURUSD H1 | Bullish Bounce
EURUSD H1 | Bullish Bounce

TitleEURUSD H1 | Bullish BounceTypeBullish BouncePreference:Price is falling toward the pivot of 1.0840, an overlap support close to 61.8% Fibo retracement. A bounce from this level could lead the...

XAUUSD M15 | Bearish Drop
XAUUSD M15 | Bearish Drop

TitleXAUUSD M15 | Bearish DropTypeBearish ReversalPreference:Price is currently at the pivot of 2338.42, an overlap resistance close to 61.8% Fibo retracement. A drop from this level could lead the...

BCOUSD D1 | Potential Bearish Breakout
BCOUSD D1 | Potential Bearish Breakout

TitleBCOUSD D1 | Potential Bearish BreakoutTypeBearish BreakoutPreference:Price could fall towards the pivot point of 76.98 which is a potential breakout level and could drop lower from here; we could...

BOC Rate Cut: Will They, Won't They?
BOC Rate Cut: Will They, Won't They?

 BOC on WatchAll eyes are on the Bank of Canada today as Tiff Macklem and co prepare to unveil their June rate decision. The bank has been giving strong easing signals recently and with inflation...

Copper Sinks on Fading China Demand
Copper Sinks on Fading China Demand

Copper Sell Off DeepensCopper prices remain heavily sold this week with copper futures extending their recent rout, now down almost 13% from the YTD highs. The move comes on the back of weaker...

Bitcoin Rallying on Soaring ETF Inflow
Bitcoin Rallying on Soaring ETF Inflow

BTC Rallying as USD DropsBitcoin prices are pushing higher this week with digital assets seemingly taking advantage of a dovish shift in Fed expectations. Weaker PCE data on Friday and softer...

AUDUSD H4 | Approaching Swing-high Resistance
AUDUSD H4 | Approaching Swing-high Resistance

TitleAUDUSD H4 | Approaching Swing-high ResistanceTypeBearish ReversalPreference:Price is rising towards the pivot point of 0.6711 which is a swing-high resistance level and could potentially reverse...

Crude Plunges As Bearish Sentiment Builds
Crude Plunges As Bearish Sentiment Builds

OPEC+ Concerns Hit OilOil prices have collapsed lower this week with crude futures down more than 6%, fast approaching a test of the YTD lows. The move comes on the back of the OPEC+ meeting over the...

USDCAD H4 | Pullback Resistance at 38.2% Fibonacci Retracement
USDCAD H4 | Pullback Resistance at 38.2% Fibonacci Retracement

TitleUSDCAD H4 | Pullback Resistance at 38.2% Fibonacci RetracementTypeBearish ReversalPreference:Price is rising towards the pivot point of 1.3655 which is a pullback resistance that aligns with the...