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Technical Analysis

Volatility Risk Around US GDP

US GDP DueAlong with the January ECB meeting, the other key focus for markets today will be advance US Q4 GDP.  Yesterday, both the US services and manufacturing PMIs were seeing coming in above...

GBPUSD H1 I Bearish reversal

TitleGBPUSD H1 I Bearish reversalTypeBearish ReversalPreference:Price is rising toward the pivot point of 1.2746 which is a pullback resistance that aligns with 61.8% fibo retracement. A reverse from...

EURUSD H1 I Bearish reversal

TitleEURUSD H1 I Bearish reversalTypeBearish ReversalPreference:Price is rising toward the pivot point of 1.0907 which aligns with the 61.8% Fibo retracement. A reverse from this point could lead the...

Bitcoin Analysis: Potential Price Drop Ahead

The price of Bitcoin is trying to remain under the broken support level of 40234. Should the asset stay there at the end of the trading week, its price might drop to the level of 35000. Of course, the...

DAX H4 | Bearish breakout

TitleDAX H4 | Bearish breakoutTypeBearish BreakoutPreference:Price is on a downtrend to the pivot point at 16837.37, the pullback support. Price could break the pivot and fall to 1st support at...

EURJPY H4 | Bouncing off Fibo level

TitleEURJPY H4 | Bouncing off Fibo levelTypeBullish BouncePreference:The price is bouncing off the pivot point at 159.999, an overlap support that aligns with 23.6% Fibonacci retracement. From there...

DXY Pulls Back On Yen Drive, ECB Next

Yen Rally Knocks USDThe Dollar rally looks to be taking a breather midweek with the DXY pulling back from the latest test of 103.48 resistance. An uptick in Japanese yields on the back of the latest...

Can Tesla Get Back On Track With Q4 Earnings?

Tesla Earnings DueAs Tesla gears up to announce its Q4 earnings later today, the stock is sitting around 30% down from the 2023 highs recorded last summer. The undershoot on Q3 earnings put an end to...

Daily Trade Setups #FTSE #ASX200 #META & #SP500

Daily Trade Setups #FTSE #ASX200 #META & #SP500To access today's real-time analysis click here!...