Loading...

Technical Analysis

ETH Lower Amidst Crypto Pull-Back
ETH Lower Amidst Crypto Pull-Back

ETH Under PressureThe drop lower in Bitcoin over the last week has weighed on ETH. Bearish sentiment looks to be pervading through crypto markets this week on the back of BTC breaking below key...

Bitcoin Forecast: Potential Price Drop Ahead!
Bitcoin Forecast: Potential Price Drop Ahead!

The price of Bitcoin has formed the bearish engulfing at the end of April. The daily chart also shows that the price of this asset has dropped and formed a double top. As for now, the asset’s price...

Falling to 61.8% Fibonacci Support
Falling to 61.8% Fibonacci Support

TitleFalling to 61.8% Fibonacci SupportTypeBullish BouncePreference:Price is falling towards the pivot point of 154.59 which is a pullback support that aligns with the 61.8% Fibonacci retracement...

Approaching Resistance at 50% Fibonacci Retracement
Approaching Resistance at 50% Fibonacci Retracement

TitleApproaching Resistance at 50% Fibonacci RetracementTypeBearish ReversalPreference:Price is rising towards the pivot point of 1.0740 which is a pullback resistance that aligns with the 50.0%...

Potential Bullish Bounce
Potential Bullish Bounce

TitlePotential Bullish BounceTypeBullish BouncePreference:Price is falling towards the pivot point of 2,278.34 which is a pullback support level and could potentially reverse from here; we could see...

USD Retreats As Powell Dials Back Hawkish Signals
USD Retreats As Powell Dials Back Hawkish Signals

No Joy for USD BullsThe US Dollar is trading lower today on the back of the May FOMC yesterday. The central bank held interest rates unchanged, as expected, but was far more close-guarded in its...

Heading into Resistance
Heading into Resistance

TitleHeading into ResistanceTypeBearish ReversalPreference:Price is rising towards the pivot point of 0.5979 which is a pullback resistance level and could potentially reverse from here; we could see...

Will The Fed Cause Fireworks in USD Today?
Will The Fed Cause Fireworks in USD Today?

USD in Focus TodayThe US Dollar is pushing higher today as traders brace for plenty of volatility risk throughout the session. We have both the ADP employment figures and ISM manufacturing due this...

Bitcoin Crashes Ahead of FOMC
Bitcoin Crashes Ahead of FOMC

Bitcoin Breaks SupportBitcoin prices have fallen back to their lowest level since February today, with BTC futures breaking down below the 60695 price level which has underpinned the market over...