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Technical Analysis

EURJPY H4 | Potential bearish breakout

TitleEURJPY H4 | Potential bearish breakoutTypeBearish BreakoutPreference:Price could break out of the pivot at 156.481, overlap support, and fall to the 1st support level at 155.606, a pullback...

Brent Oil at a Crossroads: Potential Price Rise Ahead?

Brent oil is testing the upper boundary of the downtrend, trying to form a shooting star. The price of this asset might either rebound from the downtrend and gain the required support at the level of...

NZDUSD H4 | Bullish bounce

TitleNZDUSD H4 | Bullish bounceTypeBullish RisePreference:The price is rising to 1st resistance at 0.63055, which is the 161.8 Fibonacci extension level, from our pivot at 0.62497, an overlap...

Gold Near Highs AS Traders Await US Data

Gold Hovering Near HighsGold prices are hovering just below the 2069.41 level today as we move towards the US session. The recent correction lower found strong support into a test of the 1973.51 level...

EURUSD H4 | Potential bearish reversal

TitleEURUSD H4 | Potential bearish reversalTypeBearish ReversalPreference:The price could rise to pivot at 1.10057, the swing-high resistance before pulling back and falling to 1st support level at...

GBPUSD H4 | Bullish bounce?

TitleGBPUSD H4 | Bullish bounce?TypeBullish BouncePreference:Price could bounce off the overlap support at 1.27198 and rise to the 1st resistance at 1.27918, the swing high resistance.Alternative...

Oil Prices Rising Ahead of Year-End

Red Sea Disruption Supporting OilOil prices are rising for a third straight session today as concerns over Red Sea shipping routes fuel a spike in prices. Many major companies including those...

Fresh UK CPI Fall Drives GBP Lower

Pound Under PressureThe British Pound has seen renewed selling interest today on the back of the latest inflation data released this morning. November headline CPI came in at 3.9% annualised, down...

EURJPY H4 | Bullish bounce

TitleEURJPY H4 | Bullish bounceTypeBullish BouncePreference:The price could bounce off the pivot at 157.695, an overlap support and rise to 1st resistance at 159.1, which is an overlap...