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Technical Analysis

NZDJPY H4 | Potential bearish reversal

TitleNZDJPY H4 | Potential bearish reversalTypeBearish ReversalPreference:Price has just reacted off our pivot point of 89.684 which is a multi swing high resistance. a reverse from here, price could...

Recession Fears Return Amidst Hawkish Central Bank Concerns

Hawkish Central Bank ExpectationsWith central banks such as the Fed, the BOE and the ECB widely expected to push ahead with further tightening this year, economic fears are returning to the forefront....

DE30EUR H4 | Falling to 61.8% Fibo overlap

TitleDE30EUR H4 | Falling to 61.8% Fibo overlapTypeBullish BouncePreference:Price is falling towards the pivot point of 15898.8 and could potentially reverse from here; we could see momentum carry...

Nasdaq Stalls As Fed Expectations & China Data Weigh

Record Gains for Tech StocksThe Nasdaq recorded its strongest H1 in 40 years this year with a 32% gain. The US tech index has bene bolstered over the year so far by shifting Fed expectations and...

GBPUSD H4 | React off resistance

TitleGBPUSD H4 | React off resistanceTypeBearish ReversalPreference:Price is approaching our pivot point of 1.27273 which is a multi swing high resistance level. A reverse from here, price could fall...

EUR Softens As Eurozone Data Revised Lower

Services PMI Revised LowerThe latest round of eurozone data today has painted further dark clouds on the horizon for the currency bloc. The final Services PMI reading for the eurozone last month was...

The FTSE Finish Line - July 05 - 2023

The FTSE Finish Line - July 05 - 2023FTSE Faltering As Rate Hike Risks & China Concerns Sour SentimentOn Wednesday, British shares experienced a further decline as mining stocks retreated due to...

Gold Higher Ahead of FOMC Minutes

Traders Eyeing July Rate HikeThe FOMC minutes later today will be the main focus ahead of the US labour market reports due on Friday. On the back of the Fed holding rates steady last month, while...

USDJPY Holds Near 145 Amidst Intervention Chatter

Intervention Coming?Speculation over potential Japanese intervention in FX markets is helping underpin the Yen today. USDJPY is holding around the 145 level, a price point which has previously...