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Forex

USDCHF H4 | React off overlap resistance?
USDCHF H4 | React off overlap resistance?

TitleUSDCHF H4 | React off overlap resistance?TypeBearish ReversalPreference:The price is rising toward our pivot point of 0.90698, which serves as a pullback resistance level aligning with the 78.6%...

Global Market Overview: Powell's Remarks, Fed Policy Expectations, and Economic Trends
Global Market Overview: Powell's Remarks, Fed Policy Expectations, and Economic Trends

The US markets experienced a decline on Thursday, with modest decreases that did not surpass 1% on major equity indices. The sell-off was triggered by a rebound in Treasury yields, a response to...

GBPUSD H4 | Falling to support level?
GBPUSD H4 | Falling to support level?

TitleGBPUSD H4 | Falling to support level?TypeBearish ReversalPreference:Price is currently at our pivot of 1.2242 which is an overlap resistance level that aligns with the 61.8% Fibo retracement. A...

GBPNZD H4 | Heading into resistance
GBPNZD H4 | Heading into resistance

TitleGBPNZD H4 | Heading into resistanceTypeBearish ReversalPreference:Price is rising towards the pivot point of 2.07946 which is a pullback resistance that aligns close to the 61.8% Fibonacci...

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Pound Under Pressure Over Weak GDP Data

Recession Risks LoomThe British Pound is seeing further selling today on the back of the latest UK growth data released this morning. The data, while a little better than forecast, pointed to anaemic...

AUDUSD H4 | Potential bullish bounce off 61.8% Fibo
AUDUSD H4 | Potential bullish bounce off 61.8% Fibo

TitleAUDUSD H4 | Potential bullish bounce off 61.8% FiboTypeBullish BouncePreference:Price is falling towards the pivot point of 0.63994 which is an overlap support that aligns with the 61.8%...

EURJPY H4 | Bullish bounce off 23.6% fibo?
EURJPY H4 | Bullish bounce off 23.6% fibo?

TitleEURJPY H4 | Bullish bounce off 23.6% fibo?TypeBullish BouncePreference:Price could fall to the pivot point at 161.02, which is a pullback support level, aligning with the 23.6% fibo retracement....

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EUR/USD Analysis: Potential Price Rise Ahead

The price of the currency pair EUR/USD is heading up. The asset broke the level of 1.0690 and is forming a hammer right now. The asset’s price is likely to break the resistance at the level of 1.0765...

USDCHF H4 | Rising into overlap resistance
USDCHF H4 | Rising into overlap resistance

TitleUSDCHF H4 | Rising into overlap resistanceTypeBearish ReversalPreference:Price is rising towards the pivot point of 0.90223 which is an overlap resistance and could potentially reverse from here;...