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Technical Analysis

All Eyes on BOJ As USDJPY Holds Firm
All Eyes on BOJ As USDJPY Holds Firm

USDJPY Holds Near HighsDespite a brief dip lower yesterday, as traders digested the details of the latest US inflation data and the FOMC meeting afterward, USDJPY has recovered today with the pair...

AUDUSD H4 | Falling to 50% Fibonacci Support
AUDUSD H4 | Falling to 50% Fibonacci Support

TitleAUDUSD H4 | Falling to 50% Fibonacci SupportTypeBullish BouncePreference:Price is falling towards the pivot point of 0.6632 which is a pullback support that aligns close to the 50.0% Fibonacci...

EURUSD H1 I Bullish Bounce
EURUSD H1 I Bullish Bounce

TitleEURUSD H1 I Bullish BounceTypeBullish BouncePreference:Price is falling toward the pivot point of 1.0772 a pullback support level close to 61.8% Fibo retracemment. A bounce from this level could...

Crude Oil Futures (CL1!), H4 Falling to Overlap Support
Crude Oil Futures (CL1!), H4 Falling to Overlap Support

Crude Oil Futures (CL1!), H4 Falling to Overlap SupportType:Bullish BounceKey Levels:Resistance: 79.29Pivot: 76.17Support: 75.08Preferred Case:Looking at the H4 chart, my overall bias for Crude Oil...

Nasdaq Breaks Out Despite Hawkish Fed Developments
Nasdaq Breaks Out Despite Hawkish Fed Developments

US CPI Cools AgainUS stocks have broken out to fresh record highs today on the back of yesterday’s US CPI and FOMC double-event. Annualised CPI was seen cooling for a second month in a row to 3.3%,...

DE30EUR H4 | Rising into 50% Fibonacci Resistance
DE30EUR H4 | Rising into 50% Fibonacci Resistance

TitleDE30EUR H4 | Rising into 50% Fibonacci ResistanceTypeBearish ReversalPreference:Price is rising towards the pivot point of 18,516.56 which is a pullback resistance that aligns with the 50.0%...

Major Two-Way Risk For USD Today
Major Two-Way Risk For USD Today

Inflation & FOMC On WatchAll eyes are on the US Dollar today. The release of May CPI and the June FOMC falling on the same day creates powerful volatility risk which has the potential to drive...

Gold Sitting on Key Support Ahead of CPI & FOMC
Gold Sitting on Key Support Ahead of CPI & FOMC

Gold Traders Brace for FireworksGold prices are trading just above key support as traders brace for major volatility ahead of today’s US CPI report and June FOMC. On the back of stronger-than-forecast...

USDCAD H4 | Bullish Bounce
USDCAD H4 | Bullish Bounce

TitleUSDCAD H4 | Bullish BounceTypeBullish BouncePreference:Price is falling toward the pivot point of 1.3724, a pullback support close to 38.2% Fibo retracement. A bounce from this level could lead...