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Forex

GBPUSD H4 | Bounce from support

TitleGBPUSD H4 | Bounce from supportTypeBullish BouncePreference:Price is approaching our pivot point of 1.23963 and potentially reverse from here, we could see momentum carry price up to its 1st...

Follow The Flow: EURAUD Breaking Out

Retail Heavily Short EURAUDLooking across the skew in retail trading sentiment today, EURAUD stands out as a good candidate for long opportunities. The retail market is holding a large, roughly 90%...

Market Spotlight: EUR Soaring On Hawkish ECB Comments

ECB Hawks Out In ForceThe Euro is seeing a renewed wave of buying this week in response to further hawkish ECB comments made yesterday. Several members of the ECB were seen commenting in support of...

DXY H4 | Potential reversal from pivot

TitleDXY H4 | Potential reversal from pivotTypeBearish ReversalPreference:Price is approaching our pivot point of 101.1265 and potentially reverse from here, we could see momentum carry price down to...

EURUSD H4 | Bullish reversal from38.2% Fibo

TitleEURUSD H4 | Bullish reversal from38.2% FiboTypeBullish BouncePreference:Price is approaching our pivot point of 1.09802 and potentially reverse from here, we could see momentum carry price up to...

USDJPY H1 | Falling to 1st support

TitleUSDJPY H1 | Falling to 1st supportTypeBullish BouncePreference:Price is falling to our pivot at 133.6375 which is swing low support level that lines up with 50% Fibonacci retracement. A bounce...

Daily Market Outlook, April 24, 2023

Daily Market Outlook, April 24, 2023Asian equity markets started the week with a cautious tone ahead of a round of headline risk, with US tech heavyweights set to report earnings and Friday’s Bank of...

Follow The Flow: GBPCAD Testing Key Resistance

Retail Heavily Short GBPCADThe retail market is holding a large short position in GBPCAD, currently around 80%, making it a strong candidate to monitor for long opportunities. GBP has been stronger...

USDCAD H4 | Potential bounce from support

TitleUSDCAD H4 | Potential bounce from supportTypeBullish BouncePreference:Price is approaching our pivot point of 1.35166 and potentially reverse from here, we could see momentum carry price up to...