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AUDUSD H4 | Falling to 61.8% Fibo support

TitleAUDUSD H4 | Falling to 61.8% Fibo supportTypeBullish BouncePreference:Price is approaching the pivot point of 0.6667 and could potentially reverse from here, we could see momentum carry price up...

Daily Market Outlook, May 12, 2023

Daily Market Outlook, May 12, 2023Asian equities experienced mixed performance to close out the week, as a result of tepid earnings Stateside and lingering concerns over US regional banks, with...

GBPUSD H4 | A reverse from 50% Fibo

TitleGBPUSD H4 | A reverse from 50% FiboTypeBearish ReversalPreference:Price is approaching our pivot at 1.25888 which is an overlap resistance that lines up with a 50% Fibonacci retracement. A...

USDCHF H4 | broken above a symmetrical triangle

TitleUSDCHF H4 | broken above a symmetrical triangleTypeBullish bouncePreference:Price has just reversed from our pivot at 0.89026 which lines up with a 61.8% Fibonacci retracement. A reverse from...

GBPUSD Falls - Expectations Split Following BOE Hike

UK Rates Hit 15yr Highs The British Pound came under heavy selling pressure yesterday as traders reacted to the latest rate adjustment from the BOE. The UK central bank hikes rates for a 12th...

GBP Correction Risks Into BOE Today

BOE in FocusThe Bank of England meets today for its May rates decision and market expectations are split, creating plenty of room for volatility in GBP and UK assets. While a further .25% hike is...

Daily Market Outlook, May 11, 2023

Daily Market Outlook, May 11, 2023Asian equity markets traded with a mixed tone after yet another erratic performance on Wall Street, indices whipsawed and treasuries rallied as US CPI came in broadly...

USDCHF H4 | Resistance overhead

TitleUSDCHF H4 | Resistance overheadTypeBearish ReversalPreference:Price is approaching the pivot point of 0.89368 and potentially reverse from here, we could see momentum carry price down to its 1st...

EUR/USD Forecast: Correction Underway

The currency pair EUR/USD rebounded from the upper boundary of the daily range. The asset is heading down now. The currency pair might potentially undergo correction around the supporting level of...