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Technical Analysis

USDJPY Remains Bullish As Ueda Reaffirms Policy Stance

JPY in FocusThe Japanese Yen continues to weaken across early European trading on Monday. The continued decline of the Yen is once again stoking intervention speculation. With USDJPY now trading well...

USDCAD H4 | Rising towards swing-high resistance

TitleUSDCAD H4 | Rising towards swing-high resistanceTypeBearish ReversalPreference:Price is rising towards the pivot point of 1.35202 which is a swing-high resistance and could potentially reverse...

Tesla Stock Plunges Amidst Risk-Off Moves

USD Strength Weighs on TeslaShares in Tesla are trading lower ahead of the open today with the stock now down more than 13% from September highs. Sentiment has weakened recently in line with the broad...

Gold Analysis: Potential Jump Ahead?

Gold rebounded from the downtrend. Currently, it is trying to enter the supporting zone formed between levels 1900 and 1913. The asset’s price is likely to test this zone, rebound, and jump to break...

EURJPY H4 | Bearish reaction off 78.6% fibo?

TitleEURJPY H4 | Bearish reaction off 78.6% fibo?TypeBearish ReversalPreference:Price is approaching our pivot point at 158.49, which is a multi-swing high resistance level, aligning with the 78.6%...

USDJPY H4 | Reacting off resistance level?

TitleUSDJPY H4 | Reacting off resistance level?TypeBearish ReversalPreference:Price has just reacted off our pivot point 148.392, a multi-swing high resistance level. A reversal from this point could...

BCOUSD H4 | Falling to pullback support

TitleBCOUSD H4 | Falling to pullback supportTypeBullish BouncePreference:Price is falling towards the pivot point of 92.185 which is a pullback support that aligns with the 61.8% Fibonacci projection...

GBP Sold Heavily As BOE Pauses Tightening

BOE Catches Market Off-GuardGBP continues to trade sharply lower on Friday following the latest BOE rate decision. The bank opted to keep rates on hold yesterday, pausing a 15-month tightening cycle...

Crude Rallies on Russia Export Ban Announcement

Oil Turning Higher AgainFollowing a brief correction lower from YTD highs, crude oil prices are turning higher again into the end of the week. The move comes on the back of the news that Russia has...