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Technical Analysis

XAUUSD H1 | Bearish Drop
XAUUSD H1 | Bearish Drop

TitleXAUUSD H1 | Bearish DropTypeBearish ReversalPreference:Price has jsut reacted off the pivot of 2308, an overlap support. A drop from this level could lead the price to fall to 1st support at...

USDCHF H4 | Bullish Rise
USDCHF H4 | Bullish Rise

TitleUSDCHF H4 | Bullish RiseTypeBullish RisePreference:Price is currently at the pivot point of 0.8942, an overlap support. A bounce from this level could lead the price to rise to 1st resistance  at...

Intervention Risks Grow As BOJ Fails to Drive Yen Rally
Intervention Risks Grow As BOJ Fails to Drive Yen Rally

USD Rallies Post-BOJUSDJPY was seen rallying to its highest level since the April FX intervention place on the back of the BOJ meeting overnight. As expected, the bank held headline policy in place...

GBPUSD H1 | Bullish Bounce
GBPUSD H1 | Bullish Bounce

TitleGBPUSD H1 | Bullish BounceTypeBullish BouncePreference:Price is falling toward the pivot point of 1.2730, a pullback support that aligns with 78.6% Fibo retracement. A bounce from this level...

Gold Holds Above Key Support Following FOMC
Gold Holds Above Key Support Following FOMC

Muted Action in GoldDespite the major data and event risk this week, gold prices have remained range-bound with traders struggling to establish a clear directional signal on the back of the week’s...

Bitcoin Bulls Left Empty-Handed Following FOMC
Bitcoin Bulls Left Empty-Handed Following FOMC

BTC Slips Despite Inflation FallIt continues to be a frustrating time for Bitcoin bulls with the market still caught in flux around the $68k mark roughly. BTC futures came under heavy selling pressure...

Silver Forecast: Potential Price Rise Ahead
Silver Forecast: Potential Price Rise Ahead

The price of silver is testing a very important supporting level of 30.00, trying to form an engulfing at the same time. Once the formation of the engulfing is completed, the price of this asset might...

US30USD H4 | Approaching Overlap Support
US30USD H4 | Approaching Overlap Support

TitleUS30USD H4 | Approaching Overlap SupportTypeBullish BouncePreference:Price is falling towards the pivot point of 38,562.71 which is an overlap support that aligns with the 50.0% Fibonacci...

GBPUSD H4 I Bullish Rise
GBPUSD H4 I Bullish Rise

TitleGBPUSD H4 I Bullish RiseTypeBullish BouncePreference:Price is falling toward the pivot point of 1.2764 a pullback support level close to 61.8% Fibo retracement. A bounce from this level could...