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Technical Analysis

Gold Rally Pauses, Focus Shifts to FOMC

Gold Under Pressure on MondayGold prices are slipping on Monday, putting a pause on the more than 10% rally we’ve seen in gold over the last month. The selling comes despite news of Israel stepping up...

Soft Start for USD As Traders Await FOMC

USD Pauses for NowThe US Dollar starts the week in somewhat muted fashion as traders await fresh directional catalysts. Interesting to note that the CFTC institutional positioning report shows that...

GBPUSD H4 | Heading into resistance?

TitleGBPUSD H4 | Heading into resistance?TypeBearish ReversalPreference:Price is rising towards the pivot point of 1.2153 which is a pullback resistance that aligns with the 38.2% Fibonacci...

Natural Gas is on the Bull Run: Price Spike Ahead?

Natural gas broke the psychological resistance level of 3.000, rebounded from it, and broke the maximum point reached at the level of 3.47. The bulls are seizing the initiative right now. Hence, there...

USDCHF H4 | Falling to support level?

TitleUSDCHF H4 | Falling to support level?TypeBearish ReversalPreference:Price has just reacted off our pivot point of 0.8999, which serves as an overlap resistance level. A reversal from this point...

NZDUSD H4 | Potential bearish reversal

TitleNZDUSD H4 | Potential bearish reversalTypeBearish ReversalPreference:Price is rising towards the pivot point of 0.58333 which is a pullback resistance that aligns with the 23.6% Fibonacci...

EURUSD H4 | Reacting off 38.2%?

TitleEURUSD H4 | Reacting off 38.2%?TypeBullish BreakoutPreference:The price is rising toward our pivot point of 1.05845, which serves as a pullback resistance level aligning with the 38.2% Fibonacci....

EUR Lower As ECB Warns Growth to Remain Weak

ECB Pauses… For NowOn the back of ten consecutive rate hikes, the ECB yesterday paused its tightening program, citing the recent drop in inflation as well as underlying weakness in the eurozone...

AUDUSD H4 | Rising into 61.8% Fibo resistance

TitleAUDUSD H4 | Rising into 61.8% Fibo resistanceTypeBearish ReversalPreference:Price is rising towards the pivot point of 0.63472 which is an overlap resistance that aligns with the 61.8% Fibonacci...