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Technical Analysis

NZDJPY M15 I Potential bearish reversal
NZDJPY M15 I Potential bearish reversal

TitleNZDJPY M15 I Potential bearish reversalTypeBearish DropPreference:Price has jsut reacted off the pivot point of 92.24, an overlap resistance that aligns with the 61.8% Fibo retracement. A reverse...

Chinese Stocks Soar As PBoC Slashes LPR
Chinese Stocks Soar As PBoC Slashes LPR

PBoC Slashes LPRChinese stocks are surging higher today after the PBoC slashed its 5yr LPR rate to 3.95%. The .25% reduction marks the first LPR cut since June and the largest reduction since the bank...

EURJPY H4 | Bearish drop
EURJPY H4 | Bearish drop

TitleEURJPY H4 | Bearish dropTypeBearish DropPreference:The price is trading at pivot at 161.839, the swing-high resistance. Price could reverse from the pivot and fall to the 1st support at 160.166,...

Aussie Bounces As RBA Keeps Tightening Risks Alive
Aussie Bounces As RBA Keeps Tightening Risks Alive

Aussie Holds SupportThe Australian Dollar is trading slightly firmer today on the back of the latest RBA minutes, released overnight, holding at a key support level for now.  The minutes showed that...

GBPJPY H4 | Bullish bounce
GBPJPY H4 | Bullish bounce

TitleGBPJPY H4 | Bullish bounceTypeBullish BouncePreference:The price could bounce off the pivot at 188.86, the overlap support and a bounce could lead the price to rise to the 1st resistance at...

EURUSD M15 I Bearish reversal
EURUSD M15 I Bearish reversal

TitleEURUSD M15 I Bearish reversalTypeBearish DropPreference:Price is currently at the pivot point of 1.0777, A reverse from this level could lead the price to fall to 1st support at 1.0733, an...

What Next Following Last Week's Copper Rally?
What Next Following Last Week's Copper Rally?

Copper Rally Pauses for NowCopper prices are beginning the week in a quieter fashion after the solid gains we saw last week. The market surged higher by more than 4% as weakness in the US Dollar...

Softer Dollar Continues on Monday
Softer Dollar Continues on Monday

Muted Markets on MondayThe US Dollar is under pressure on Monday as we begin with a quieter start to the week due to the bank holiday in the US and Canada. Last week, a sharp drop in US retail sales...

EURJPY Day | Bearish reversal
EURJPY Day | Bearish reversal

TitleEURJPY Day | Bearish reversalTypeBearish ReversalPreference:The price could reverse from pivot at 161.804, the overlap resistance. It could fall to the 1st support at 157.99, the overlap...