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Technical Analysis

Bailey Comments Drive GBP Higher
Bailey Comments Drive GBP Higher

GBP Moving HigherGBPUSD continues higher on Monday as the rally off the November lows extends to almost 4%. Weakness in USD has been a big driver of the move higher we’ve seen in recent weeks. With...

Brent Oil Analysis: Potential Price Rise Ahead
Brent Oil Analysis: Potential Price Rise Ahead

As can be seen from the 4-hour time frame, Brent oil is forming the inverse head and shoulders pattern and might have to face resistance at the level of 90 anytime soon. Should the price of this asset...

Bouncing off Pivot Point?
Bouncing off Pivot Point?

TitleBouncing off Pivot Point?TypeBullish BouncePreference:Current price is currently on the pivot point, the price could be bouncing off the level moving towards to the first resistance level, which...

EURUSD H4 | Potential Bearish Reversal?
EURUSD H4 | Potential Bearish Reversal?

TitleEURUSD H4 | Potential Bearish Reversal?TypeBearish DropPreference:The price is currently at our pivot point of 1.0953, which serves as a multi-swing resistance level. A reverse from this point...

SPX500USD H4 | Bullish bounce off pivot?
SPX500USD H4 | Bullish bounce off pivot?

TitleSPX500USD H4 | Bullish bounce off pivot?TypeBullish BouncePreference:Price is consolidating now, and could potentially bounce off our pivot point at 4553.6, which is an overlap support level. If...

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

TitleGBPJPY H4 | Bullish bounce off 23.6% fibo?TypeBullish BouncePreference:Price could fall to our pivot point at 186.84, which is a pullback support, aligning with the 23.6% fibo retracement and...

Bitcoin Rally Continues As ETF Optimism Increases
Bitcoin Rally Continues As ETF Optimism Increases

BTC Shrugs Off Binance NewsBitcoin is ending the week at highs with the futures price seeing a more than 6% rally yesterday. The move comes amidst a fresh uptick in expectations that the SEC will soon...

ECB Minutes Keep EURUSD Supported - US PMIs Next
ECB Minutes Keep EURUSD Supported - US PMIs Next

ECB minutes Showing Hawkish Risks RemainAfter a choppy week, EURUSD is hovering around the week’s opening price as of writing. The latest ECB minutes released yesterday showed that the bank retains a...

GBP/USD H4 I Bounce off overlap support?
GBP/USD H4 I Bounce off overlap support?

TitleGBP/USD H4 I Bounce off overlap support?TypeBullish BouncePreference:If price breaks below the support we wait at our pivot point of 1.2438, which serves as a pullback resistance level. A reverse...