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Technical Analysis

Crude Prices Stalled at Key Resistance
Crude Prices Stalled at Key Resistance

Fresh ShippingCrude prices are sitting just below Friday’s highs as we start the new week. Indeed, we’re seeing some light selling across the European morning on Monday, despite news of fresh attacks...

GBPUSD M15 I Bearish Drop
GBPUSD M15 I Bearish Drop

TitleGBPUSD M15 I Bearish DropTypeBearish DropPreference: Price is currently at the pivot point of 1.2612, A reverse from this level could lead the price to fall to 1st support at 1.2555, a...

UK Retail Sales Highest In Almost 3 Years
UK Retail Sales Highest In Almost 3 Years

UK Retail Sales SoarIt’s been quite a muddled weak on the data front. In the US we had inflation coming in above forecast followed by retail sales plunging. In the UK, following a weaker-than-forecast...

Dollar Bulls Caught Offside By Weak Retail Sales
Dollar Bulls Caught Offside By Weak Retail Sales

Retail Sales PlungeFollowing a strong start to the week, driven in part by hotter-than-forecast inflation data, the US Dollar has reversed sharply into the end of the week. Yesterday’s US retail sales...

Potential Bearish Reversal
Potential Bearish Reversal

TitlePotential Bearish ReversalTypeBearish ReversalPreference:Price could rise towards the pivot point of 23.070 which is a swing-high resistance that aligns close to the 78.6% Fibonacci retracement...

US30 H4 | Potential bullish bounce
US30 H4 | Potential bullish bounce

TitleUS30 H4 | Potential bullish bounceTypeBullish BouncePreference:The current price could reverse to the pivot at 38300.72, the overlap support that aligns with the 38.2% Fibonacci retracement....

XAUUSD H4 I Bearish Drop
XAUUSD H4 I Bearish Drop

TitleXAUUSD H4 I Bearish DropTypeBearish DropPreference:Price is currently at the pivot point of 2004.6, an overlap resistance. A reverse from this level could lead the price to fall to 1st support at...

USDCAD H1 I Bearish reversal
USDCAD H1 I Bearish reversal

TitleUSDCAD H1 I Bearish reversalTypeBearish ReversalPreference:Price is rising toward the pivot point at 1.3538, a pullback resistance that aligns with the 61.8% Fibo retracement. A reverse from this...

Will US Retail Sales Drive Dollar Higher?
Will US Retail Sales Drive Dollar Higher?

US Data Flow ContinuesFollowing a hotter-than-forecast CPI report earlier in the week, traders are today bracing for the next slew of US data. Retail sales will be the key release to watch, along with...