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Technical Analysis

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...

Nasdaq Testing Support Ahead of US CPI

Stocks Showing Caution Ahead of DataUS stock markets are reflecting some trepidation ahead of the latest set of US inflation figures due later today. Fed rate hike projections for the remainder of the...

SPX500USD H4 | Bullish bounce off 50% fibo?

TitleSPX500USD H4 | Bullish bounce off 50% fibo?TypeBullish BouncePreference:Price could bounce off from our pivot point at 4460.15, which is an overlap support level, aligning with the 50% fibo...

USDJPY H4 I Reacting off the resistance?

TitleUSDJPY H4 I Reacting off the resistance?TypeBearish ReversalPreference:Price is currently at our pivot point of 147.382, which serves as an overlap resistance level that aligns with 78.6% Fibo...

Bitcoin Volatility Around FTX Asset Sale

FTX Sell-Off to BeginThe Bitcoin market is seeing plenty of volatility this week. The market is reacting to news that bankrupt crypto-broker FTX is set to begin liquidating its assets this week. The...

DE30EUR H4 | Bearish reaction off pivot?

TitleDE30EUR H4 | Bearish reaction off pivot?TypeBearish ReversalPreference:Price could react off our pivot point at 15841.62, which is an overlap resistance and slightly below the 61.8% fibo...

AUDUSD H4 | Approaching 61.8% Fibo resistance

TitleAUDUSD H4 | Approaching 61.8% Fibo resistanceTypeBearish ReversalPreference:Price is rising towards the pivot point of 0.64682 which is an overlap resistance that aligns with the 61.8% Fibonacci...

EUR Lower As Growth Fears Weigh on Sentiment

Eurozone Growth FearsThe Euro remains under pressure on Tuesday as the latest set of eurozone economic data adds to bearish sentiment. The ZEW economic sentiment survey for the eurozone slipped...