TitleGBPUSD H4 | Potential react off 50% Fibo?TypeBearish ReversalPreference:Price is approaching our pivot point of 1.29757 that aligns with 50% Fibo retracement. A reverse from here, price could...
Gold Rallying As USD Slides Post-FOMC
USD Falls Following FOMCThe US Dollar has turned lower on the back of the July FOMC yesterday. The Fed hiked rates by a further .25%, as expected, taking rates to their highest level in 22 years....
USDCAD H4 | Approaching pullback support
TitleUSDCAD H4 | Approaching pullback supportTypeBullish BouncePreference:Price is falling towards the pivot point of 1.31529 and could potentially reverse from here; we could see momentum carry price...
EURUSD Rallying Ahead of ECB Meeting
ECB on WatchOn the back of the latest hike from the Fed yesterday, focus now shifts to the ECB today. As with the Fed, the ECB is widely expected to hike rates by a further .25% today and so the...
Weak USD & Fresh China Measures Supporting Crude
Oil Rallies on Weak USDOil prices are climbing on Thursday following the July FOMC yesterday which has seen USD coming under fresh selling pressure. Crude futures are now trading back up towards the...
EURUSD H4 | Potential react off 50% Fibo?
TitleEURUSD H4 | Potential react off 50% Fibo?TypeBearish ReversalPreference:Price is moving toward our pivot of 1.11437 that aligns with 50% Fibo retracement. A reverse from here, price could fall to...
Bitcoin Correction Deepens Ahead of FOMC
BTC Correction UnderwayThe softening in BTC over recent weeks will no doubt be frustrating for crypto bulls, on the back of what seemed like an imminent breakout earlier in the month. However, the...
Aussie CPI Sees Near Term RBA Rate Repricing
CPI Falls AgainThe Aussie Dollar has come under pressure today on the back of the latest set of Australian inflation figures released overnight. CPI was seen cooling further last month, with the...
Tech Earnings & The Fed: Nasdaq Pulls Back From Highs
FOMC Expectations Weighing on NasdaqUS stocks are trading tentatively ahead of the FOMC later today. Looking at the Nasdaq, the index has pulled back from the recent YTD highs and is currently sitting...
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