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USDJPY H4 | React off 1st resistance

TitleUSDJPY H4 | React off 1st resistanceTypeBearish ReversalPreference:Price has just reacted off our pivot of 137.763 which is a multi-swing high resistance. A reverse from here, price could fall to...

GBPUSD Reversing Lower As USD Rallies

Pound Breaks Down GBPUSD is trading heavily lower today as USD continues to rally across the week. Debt ceiling uncertainty and recent Fed hawkishness have conspired to underpin USD recently, going...

GBPUSD H4 | A bounce off support level

TitleGBPUSD H4 | A bounce off support levelTypeBullish BouncePreference:Price is approaching our pivot point at 1.24237 which is a multi swing low support level. A bounce from here, price could rally...

EURUSD H4 | Finding support at recent swing-low

TitleEURUSD H4 | Finding support at recent swing-lowTypeBullish BouncePreference:Price is approaching the pivot point of 1.08235 and could potentially reverse from here, we could see momentum carry...

EURUSD Fall Deepens As Debt Ceiling Uncertainty Builds

USD Rallies on Safe Haven DemandPresident Biden and Speaker of the House Kevin McCarthy met for the latest round of US debt ceiling talks yesterday. While both sides were seen showing a willingness to...

Daily Market Outlook, May 17, 2023

Daily Market Outlook, May 17, 2023Asian equity markets put in another mixed performance overnight as caution prevailed in the region due to the negative handover from Wall Street. Concerns over the...

Aussie Wages Hit Decade Highs

Aussie Wages Create Uncertainty The latest Australian wage growth data released overnight has made it a little harder markets to call the next RBA meeting. The quarterly reading came in below...

GBPUSD H4 | A reverse from 38.2% Fibo

TitleGBPUSD H4 | A reverse from 38.2% FiboTypeBearish ReversalPrice is nearing our pivot point at 1.25356 which is a multi swing high resistance that aligns with a 38.2% Fibonacci retracement. A...

GBPUSD Bounces Off Lows Following Weak Employment Data

Unemployment Rises GBP has seen plenty of volatility over the European open on Tuesday as traders digest the latest UK jobs data. The unemployment rate was seen increasing to 3.9% from 3.8% prior...