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Technical Analysis

BCOUSD H4 | Falling to Swing-low Support
BCOUSD H4 | Falling to Swing-low Support

TitleBCOUSD H4 | Falling to Swing-low SupportTypeBullish BouncePreference:Price is falling towards the pivot point of 81.25 which is a swing-low support that aligns with the 100.0% Fibonacci...

S&P500 at a Crossroads: Potential Price Drop Ahead?
S&P500 at a Crossroads: Potential Price Drop Ahead?

The price of the currency pair EUR/USD is gradually heading up, approaching the resistance level of 1.1000, and the downtrend formed between points 1 and 2. The price of this asset might rebound at...

SPX500USD H4 | Rising into Pullback Resistance
SPX500USD H4 | Rising into Pullback Resistance

TitleSPX500USD H4 | Rising into Pullback ResistanceTypeBearish ReversalPreference:Price is rising towards the pivot point of 5,321.04 which is a pullback resistance that aligns with the 78.6%...

BCOUSD H1 | Falling to Swing-low Support
BCOUSD H1 | Falling to Swing-low Support

TitleBCOUSD H1 | Falling to Swing-low SupportTypeBullish BouncePreference:Price is falling towards the pivot point of 80.93 which is a swing-low support level and could potentially reverse from here;...

US Tech Stocks Reversing Ahead of PCE Release
US Tech Stocks Reversing Ahead of PCE Release

US Inflation Data on WatchThe Nasdaq is reversing sharply lower today ahead of the latest US core PCE data due this afternoon. Losses kicked in yesterday on the back of the downward revision to Q1 GDP...

NZDUSD H4 | Potential Bullish Bounce
NZDUSD H4 | Potential Bullish Bounce

TitleNZDUSD H4 | Potential Bullish BounceTypeBullish BouncePreference:Price is falling towards the pivot point of 0.6114 which is a pullback support level and could potentially reverse from here; we...

GBPUSD M15 I Short term bullish bounce
GBPUSD M15 I Short term bullish bounce

TitleGBPUSD M15 I Short term bullish bounceTypeBullish BouncePreference:Price is falling toward the pivot of 1.2708, a pullback support close to 61.8% retracement. A reverse from this level could lead...

EURUSD On Watch Into Key US Data
EURUSD On Watch Into Key US Data

US PCE Data DueWe’ve seen rather muted action across FX markets this week with most pairs simply treading water within recent ranges. However, today’s headline US core PCE data holds the power to...

Oil Drops On Weak China Data - US Inflation Next
Oil Drops On Weak China Data - US Inflation Next

Crude Falls BackFollowing a strong start to the week, oil prices have turned lower through the last few days with crude futures now down around 4% from the week’s highs. A combination of a stronger US...