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Technical Analysis

USDJPY Drops - All Eyes on USD Data
USDJPY Drops - All Eyes on USD Data

USDJPY Slumps on Weak US Factory ReadingThe Bank of Japan will certainly be relieved by price action in FX markets this week. USDJPY has fallen around almost 1.5% on the week so far with price...

Dollar Dips on Weak Factory Data
Dollar Dips on Weak Factory Data

US ISM Manufacturing Falls AgainThe US Dollar is trading lower today on the back of a set of weaker-than-forecast manufacturing readings yesterday which saw DXY losing around 0.7% on the session....

GBPUSD H4 | Bullish Bounce
GBPUSD H4 | Bullish Bounce

TitleGBPUSD H4 | Bullish BounceTypeBullish BouncePreference:Price is falling toward the pivot point of 1.2759. a pullback support. A bounce from this level could rise to 1st resistance at 1.2866 close...

EURUSD H4 | Bullish Bounce
EURUSD H4 | Bullish Bounce

TitleEURUSD H4 | Bullish BounceTypeBullish BouncePreference:Price is falling toward the pivot of 1.0882,  a  pullback support. A bounce from this level could lead the price to rise to 1st resistance...

GBPUSD H4 | Bearish reversal
GBPUSD H4 | Bearish reversal

TitleGBPUSD H4 | Bearish reversalTypeBearish ReversalPreference:Price is rising toward the pivot of 1.2776, a pullback resistance. A reverse from this level could lead the fall to 1st support at...

EURUSD H4 | Bullish bounce
EURUSD H4 | Bullish bounce

TitleEURUSD H4 | Bullish bounceTypeBullish BouncePreference:Price is falling toward the pivot of 1.0840, an overlap support close to 38.2% Fibo retracement. A bounce from this level could lead the...

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...

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...

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...