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Technical Analysis

EURUSD Heavily Sold on Dovish ECB Hike
EURUSD Heavily Sold on Dovish ECB Hike

ECB Signals End to TighteningEUR came under heavy selling pressure yesterday, despite hiking rates by a further .25%. The majority of market players had been anticipating a pause from the ECB, making...

Dollar Rallies on Fresh Data Beat
Dollar Rallies on Fresh Data Beat

DXY Breaks OutThe US Dollar broke out to its highest levels since March yesterday as the latest round of US data added further uncertainty to the Fed outlook. August retail sales were seen coming in...

Will EURAUD Bull Channel Hold?
Will EURAUD Bull Channel Hold?

Testing Key AreaEURAUD is at a crossroads here on the back of the sell off from YTD highs. The market has corrected around 3.5% lower from those 1.74 area highs and is now testing the bull channel...

AUDUSD H4 | Rising into Fibo confluence
AUDUSD H4 | Rising into Fibo confluence

TitleAUDUSD H4 | Rising into Fibo confluenceTypeBearish ReversalPreference:Price is rising towards the pivot point of 0.64886 which is a pullback resistance that aligns with the 78.6% Fibonacci...

XAUUSD H4 | Reacting off 50% Fibo?
XAUUSD H4 | Reacting off 50% Fibo?

TitleXAUUSD H4 | Reacting off 50% Fibo?TypeBearish ReversalPreference:Price has just reacted off our pivot point of 1915.48, which serves as an overlap resistance level that aligns with a 50% Fibo...

Bearish Signal in AUDUSD Ahead of US Retail Sales
Bearish Signal in AUDUSD Ahead of US Retail Sales

Aussie Under PressureThe Aussie Dollar continues to linger below the .6520 level following the downside break in early August. The move lower has been laboured, on the back of the impulsive break...

CADJPY H4 | Falling to pullback support
CADJPY H4 | Falling to pullback support

TitleCADJPY H4 | Falling to pullback supportTypeBullish BouncePreference:Price is falling towards the pivot point of 108.45 which is a pullback support that aligns with the 38.2% Fibonacci retracement...

XAUUSD H4 | Potential Bullish Reversal?
XAUUSD H4 | Potential Bullish Reversal?

TitleXAUUSD H4 | Potential Bullish Reversal?TypeBullish BouncePreference:The price is falling toward our pivot point of 1900.434, which serves as a pullback support level. A bounce from this point...

US CPI Beat Suggests Fed Not Done Yet
US CPI Beat Suggests Fed Not Done Yet

CPI Rises Again in AugustThe release of the latest US inflation data has done little to impact near-term Fed rate pricing, despite coming in above forecasts.  Annualised CPI was seen rising to 3.7%...