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Technical Analysis

What Next for Dow After Friday's Rally?
What Next for Dow After Friday's Rally?

Dow Jumps on PCE WeaknessThe Dow Jones is starting the week on a slightly softer footing following the sharp rally we saw on Friday. The index recorded its best day of the year so far with a more than...

Crude Struggling to Rally Despite Fresh OPEC+ Extension
Crude Struggling to Rally Despite Fresh OPEC+ Extension

OPEC+ Extends FurtherCrude prices are seeing very muted action at the start of the week with crude futures roughly flat across early European trading on Monday. The lack of volatility comes despite...

BCOUSD H4 | Falling to Swing-low Support
BCOUSD H4 | Falling to Swing-low Support

TitleBCOUSD H4 | Falling to Swing-low SupportTypeBullish BouncePreference:Price is falling towards the pivot point of 81.25 which is a swing-low support that aligns with the 100.0% Fibonacci...

S&P500 at a Crossroads: Potential Price Drop Ahead?
S&P500 at a Crossroads: Potential Price Drop Ahead?

The price of the currency pair EUR/USD is gradually heading up, approaching the resistance level of 1.1000, and the downtrend formed between points 1 and 2. The price of this asset might rebound at...

Will Eurozone CPI Rise Halt ECB Easing?
Will Eurozone CPI Rise Halt ECB Easing?

Traders Brace for ECBEURUSD is kicking off the week with no clear directional signal as traders brace for the ECB meeting on Thursday. Markets had been heavily expecting the ECB to cut rates this...

GBPUSD M15 I Short term bullish bounce
GBPUSD M15 I Short term bullish bounce

TitleGBPUSD M15 I Short term bullish bounceTypeBullish BouncePreference:Price is falling toward the pivot of 1.2708, a pullback support close to 61.8% retracement. A reverse from this level could lead...

EURUSD On Watch Into Key US Data
EURUSD On Watch Into Key US Data

US PCE Data DueWe’ve seen rather muted action across FX markets this week with most pairs simply treading water within recent ranges. However, today’s headline US core PCE data holds the power to...

Oil Drops On Weak China Data - US Inflation Next
Oil Drops On Weak China Data - US Inflation Next

Crude Falls BackFollowing a strong start to the week, oil prices have turned lower through the last few days with crude futures now down around 4% from the week’s highs. A combination of a stronger US...

EURUSD H1 | Bearish Drop
EURUSD H1 | Bearish Drop

TitleEURUSD H1 | Bearish DropTypeBearish ReversalPreference:Price is rising toward the pivot of 1.0829, a pullback resistance level. A reverse from this level could lead the price to fall to 1st...