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Technical Analysis

Sticky Eurozone Inflation Tests ECB Easing Expectations
Sticky Eurozone Inflation Tests ECB Easing Expectations

EZ CPI Beats ForecastsThe latest set of eurozone inflation data today told a familiar tale. The flash eurozone CPI estimate for February came in at (headline) 2.6% vs 2.5% expected with core also seen...

Weak China Manufacturing Hits Copper Prices
Weak China Manufacturing Hits Copper Prices

Copper SinkingCopper prices are turning lower once again as we head into the weekend. The current sell-off comes on the back of the latest set of Chinese economic data overnight. The China...

Resistance Overhead
Resistance Overhead

TitleResistance OverheadTypeBearish ReversalPreference:Price could rise towards the pivot point of 0.65243 which is an overlap resistance level and potentially reverse from here; we could see momentum...

Dollar Testing Support Following GDP Miss
Dollar Testing Support Following GDP Miss

 Soft Data Weighing on USDThe US Dollar remains muted as we move through into the back end of the week. Yesterday, advance Q1 GDP came in a touch below forecasts at 3.2% vs 3.3% expected. On the back...

Approaching Pullback Resistance
Approaching Pullback Resistance

TitleApproaching Pullback ResistanceTypeBearish ReversalPreference:Price could rise towards the pivot point of 0.65234 which is a pullback resistance level and potentially reverse from here; we could...

Potential Bullish Reversal
Potential Bullish Reversal

TitlePotential Bullish ReversalTypeBullish BouncePreference:Price is falling towards the pivot point of 1.35633 which is an overlap support that aligns close to the 23.6% Fibonacci retracement level...

Bitcoin Forecast: Potential Price Rise Ahead
Bitcoin Forecast: Potential Price Rise Ahead

The price of Bitcoin keeps renewing the many years’ maximum points. Currently, the price of this asset is testing the level of 60000. This might turn out to be a significant event. However, it is...

USDJPY H4 | Bearish Breakout
USDJPY H4 | Bearish Breakout

TitleUSDJPY H4 | Bearish BreakoutTypeBearish DropPreference:Price is currently at the pivot point of 149.84, a multi-swing low support level. A breakout from this level could lead the price to fall to...

EURUSD H4 | Potential bearish reversal
EURUSD H4 | Potential bearish reversal

TitleEURUSD H4 | Potential bearish reversalTypeBearish DropPreference:Price is currently at the pivot point of 1.0832, an overlap resistance level. A reverse from this level could lead the price to...