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Technical Analysis

Bitcoin Rallies On Bullish HSBC News
Bitcoin Rallies On Bullish HSBC News

HSBC Opens Up Bitcoin AccessFollowing a sharp rally last week which saw Bitcoin prices breaking out to fresh highs for the year, the leading crypto asset has since cooled a little, falling back below...

GBPJPY H4 | React off -27.2%
GBPJPY H4 | React off -27.2%

TitleGBPJPY H4 | React off -27.2%TypeBearish BreakoutPreference:Price has just reacted off our pivot point of 182.748 which aligns with a -27.2% Fibo expansion. A reverse from here price could fall to...

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EURUSD Rallies on Hawkish ECB Comments

Further ECB Tightening NeededEUR is rallying today against a backdrop of fresh, hawkish commentary from ECB chief Lagarde. Speaking at the opening of the ECB’s Sintra Symposium, Lagarde warned that...

BOC In Focus As Traders Await CAD CPI
BOC In Focus As Traders Await CAD CPI

CPI on WatchOn the back of a surprise rate hike from the BOC this month, the latest round of Canadian CPI data will be closely watched today. Along with hiking rates by a further .25%, the BOC...

Hawkish BOE Expectations Weighing on FTSE
Hawkish BOE Expectations Weighing on FTSE

Shop Prices Fall… SlightlyOn the back of a string of recent upsets, there was at last some good news for the UK today. The BRC shop price monitor for the last month showed that prices cooled to 8.4%...

USDCAD H4 | Potential bounce off confluence zone
USDCAD H4 | Potential bounce off confluence zone

TitleUSDCAD H4 | Potential bounce off confluence zoneTypeBullish BouncePreference:Price is currently at our pivot point of 1.31218 which aligns with a 78.6% Fibo projection and 127.2% Fibo extension....

EURUSD H4 | React off 38.2%
EURUSD H4 | React off 38.2%

TitleEURUSD H4 | React off 38.2%TypeBearish ReversalPreference:Price is currently at our pivot point of 1.09038 which aligns with a 38.2% Fibo retracement. A reverse from here, price could fall to 1st...

Gold Prices Higher Over Russia Coup Fears
Gold Prices Higher Over Russia Coup Fears

Safe-Haven Demand for GoldGold prices are seeing a firmer start to the week against a backdrop of weaker stock prices. Traders are digesting news from over the weekend of an aborted military coup in...

AUDUSD H4 | Potential bounce off support level
AUDUSD H4 | Potential bounce off support level

TitleAUDUSD H4 | Potential bounce off support levelTypeBullish BouncePreference:Price is falling to  to our pivot point of 0.66357 which is an overlap support level that aligns with 61.8% Fibo...