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Forex

USDCHF H1 | Bullish bounce off pullback support
USDCHF H1 | Bullish bounce off pullback support

Title:USDCHF H1 | Bullish bounce off pullback supportType:Bullish bouncePreference:The price is falling toward the pivot at 0.7899, a pullback support level that aligns with the 50% Fibonacci...

USDJPY H1 | Bullish momentum to continue
USDJPY H1 | Bullish momentum to continue

Title:USDJPY H1 | Bullish momentum to continueType:Bullish bouncePreference: The price is falling towards the pivot at 159.07, which is a pullback support.  A bounce from this level could lead the...

AUDJPY H4 | Bearish reversal off key resistance
AUDJPY H4 | Bearish reversal off key resistance

Title:AUDJPY H4 | Bearish reversal off key resistanceType:Bearish reversalPreference:The price is rising towards the pivot at 111.68, an overlap resistance level that aligns with the 50% Fibonacci...

High Oil Prices Keeping USD Bid
High Oil Prices Keeping USD Bid

Dollar Strength HoldingThe US Dollar remains up off the week’s lows as traders monitor developments in the Middle East and shifting Fed expectations. There is still some confusion and lack of clarity...

USDJPY H1 | Bullish bounce off
USDJPY H1 | Bullish bounce off

Title:USDJPY H1 | Bullish bounce offType:Bullish bouncePreference:The price has bounced off the pivot at 158.71, a pullback support level that aligns with the 38.2% Fibonacci retracement. A rise at...

USDCAD H1 | Bullish continuation
USDCAD H1 | Bullish continuation

 TitleUSDCAD H1 | Bullish continuationTypeBullish bouncePreferenceThe price has bounced off the pivot at 1.3756, which is a pullback support that aligns with the 50% Fibonacci retracement.  A rise...

AUDUSD H4 | Bearish reversal for the Aussie
AUDUSD H4 | Bearish reversal for the Aussie

TitleAUDUSD H4 | Bearish reversal for the AussieTypeBearish reversalPreferenceThe price is rising toward the pivot at 0.7023, a pullback resistance level. A reversal from this level could lead the...

BOE Rate Hike Bets Grow on Fresh Inflation Rise
BOE Rate Hike Bets Grow on Fresh Inflation Rise

UK Inflation Rises AgainHawkish BOE expectations remain entrenched today following the latest inflation data out of the UK. Annualised CPI was seen holding at 3% last month on the headline reading...

GBPUSD H1 | Bearish reversal off 78.6% Fib resistance
GBPUSD H1 | Bearish reversal off 78.6% Fib resistance

TitleGBPUSD H1 | Bearish reversal off 78.6% Fib resistanceTypeBullish bouncePreferenceThe price is falling toward the pivot at 1.3340, a pullback support level that aligns with the 61.8% Fibonacci...