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Technical Analysis

GBPJPY H4 | Bearish reversal at 61.8% fibo projection?

TitleGBPJPY H4 | Bearish reversal at 61.8% fibo projection?TypeBearish ReversalPreference:Price is currently in a bullish momentum, heading towards our pivot point at 181.57, which aligns with the...

Strong UK Retail Sales Fail to Halt GBP Waterfall

Consumer Confidence DipsThe latest data out of the UK today painted a very mixed picture. Firstly, the GfK consumer confidence reading was seen printing -30, down from -24 previously and worse than...

EURUSD H1 I Potential bearish reversal?

TitleEURUSD H1 I Potential bearish reversal?TypeBearish ReversalPreference:Price is rising towards our pivot point of 1.11775  that aligns with 38.2 and 50% Fibo retracement, indicating Fibo...

EURGBP H4 | Bearish reaction off pivot?

TitleEURGBP H4 | Bearish reaction off pivot?TypeBearish ReversalPreference:Price is approaching our pivot point at 0.8686, which is a swing-high resistance key level, and it aligns with the 50% fibo...

Tesla Investors Worried By Narrowing Margins

Tesla Lower Following EarningsTesla shares are down pre-market today following the company’s latest earnings report yesterday. Despite both EPS and revenues coming in above forecasts, investors were...

GBPUSD H4 | Bearish reaction off 50% retracement?

TitleGBPUSD H4 | Bearish reaction off 50% retracement?TypeBearish ReversalPreference:Price is in a bullish momentum currently, due to the bounce off from our 1st support at 1.2843. Price could...

USDJPY Holding At Key Support Ahead of US Data Dump

 US Data on DeckLooking ahead today we have plenty of important US data on deck which should offer volatility across FX and equities markets. Weekly unemployment claims, the Philly Fed manufacturing...

EURJPY H4 | Bullish bounce off 23.6% fibo?

TitleEURJPY H4 | Bullish bounce off 23.6% fibo?TypeBullish BouncePreference:Price is within our pivot point and the 23.6% fibo retracement range, at 156.10. Price could potentially make a bullish...

Crude Steady Following Fresh EIA Deficit Data

Fresh Inventories Deficit SeenCrude prices continue to hold within last week’s range as the latest EIA inventories yesterday failed to provide the catalyst for a fresh directional move. The EIA...