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Technical Analysis

Apple Shares Rally, UBS Downgrades Stock
Apple Shares Rally, UBS Downgrades Stock

Apple Rally Picks Up AgainApple shares were seen rallying back up towards all time highs yesterday before softening once again and now trading a touch lower pre-market. The stock has been buoyed...

Crude Drops Lower As Demand Fears Rise Up
Crude Drops Lower As Demand Fears Rise Up

Demand Woes Weigh on Crude Crude prices are stabilising today after dropping sharply yesterday. Crude futures fell almost 5%, trading down to their lowest level since early May before buyers stepped...

USDCAD H4 | Bounce off support
USDCAD H4 | Bounce off support

TitleUSDCAD H4 | Bounce off supportTypeBullish BouncePreference:Price is falling to our pivot point of 1.33161 which is a multi-swing low support. A reverse from here. price could rally to 1st...

GBP Rallying On Solid UK Labour Data - Bailey Up Next
GBP Rallying On Solid UK Labour Data - Bailey Up Next

Unemployment DropsGBP is rallying today on the back of the latest set of UK labour market figures. The unemployment rate was seen falling to 3.8% from 3.9%, in contrast to expectations for a 4%...

GBPUSD H1 | Potential bearish reversal
GBPUSD H1 | Potential bearish reversal

TitleGBPUSD H1 | Potential bearish reversalTypeBearish ReversalPreference:Price is currently at our pivot point of 1.25653 which lines up with a 78.6% Fibo retracement. A reverse from here. price...

AUDUSD H4 | Heading into resistance
AUDUSD H4 | Heading into resistance

TitleAUDUSD H4 | Heading into resistanceTypeBearish ReversalPreference:Price is rising towards the pivot point of 0.67953 and could potentially reverse from here; we could see momentum carry price...

Nasdaq Soaring Ahead of US CPI
Nasdaq Soaring Ahead of US CPI

CPI On WatchUS stocks are soaring today as traders look to the upcoming US CPI print to confirm a Fed pause this week. Headline CPI is projected to print at 4.1% YoY, down from 4.9% prior. Looking at...

How Will US CPI Impact Gold This Week?
How Will US CPI Impact Gold This Week?

FOMC In ViewThe US Dollar is having a quieter start to the week as traders prepare for the June FOMC meeting on Wednesday.  Market expectations are generally built around the Fed pausing rates at this...

EUR/USD and Silver Bears are Still in the Game
EUR/USD and Silver Bears are Still in the Game

Last week the currency pair EUR/USD remained in the range and formed a pattern resembling a flag and signifying the potential continuation of the trend. Should the asset break the lower boundary of...