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Technical Analysis

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%...

USDCAD H4 | Falling to overlap support

TitleUSDCAD H4 | Falling to overlap supportTypeBullish BouncePreference:Price is falling towards the pivot point of 1.35019 which is an overlap support and could potentially reverse from here; we...

September ECB Meeting: Downside Risks For EUR

ECB on DeckAll eyes are firmly on the ECB today as the central bank prepares to make its September rates decision. Expectations have been rather split ahead of this event. On the one hand, stickiness...

Bitcoin Analysis: Potential Rise Ahead

The price of Bitcoin has tested the supporting zone at the key level of 25000 and formed an engulfing. Bears tried to make Bitcoin drop but to no avail. Hence, the asset’s price is still likely to...

EURUSD H4 | Bouncing off Support level?

TitleEURUSD H4 | Bouncing off Support level?TypeBearish BreakoutPreference:Price could bounce off from our pivot point at 4460.15, which is an overlap support level, aligning with the 50% fibo...

Brent Soaring As OPEC Forecasts Tighter Markets

Brent Soaring on OPEC DriversOil prices are soaring this week with Brent crude oil trading up to fresh highs on the year, hitting levels not seen since November 2022. Brent is now trading around 32%...

CHFJPY H4 | Potential bearish reversal?

TitleCHFJPY H4 | Potential bearish reversal?TypeBearish ReversalPreference:Price could rise towards the pivot point of 165.722 which is a pullback resistance that aligns with the 78.6% Fibonacci...

GBP Selling Deepens As UK GDP Turns Negative

 UK Growth Drops SharplyThe British Pound has come under renewed selling pressure into the middle of the week as traders digest the latest set of UK growth figures. According to the ONS, the UK...

JP225USD H4 | Falling to pullback support

TitleJP225USD H4 | Falling to pullback supportTypeBullish BouncePreference:Price is falling towards the pivot point of 32133.96 which is a pullback support that aligns close to the 61.8% Fibonacci...