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Technical Analysis

Crude Breaks Out As China Announces Fresh Econ Support
Crude Breaks Out As China Announces Fresh Econ Support

Oil On the RiseCrude prices were seen breaking out to their highest levels in over 3 months yesterday. The rally came amidst the broad uptick in risk appetite we saw in response to the Chinese...

Aussie Rallies On Chinese Stimulus Promise
Aussie Rallies On Chinese Stimulus Promise

Lack of Detail at PolitburoThe keenly awaited Chinese Politburo meeting yesterday was a mixed bag for investors. On the one hand, commodities prices and local markets were seen rising as Chinese...

Crude Calm Ahead of Central Bank Storm
Crude Calm Ahead of Central Bank Storm

Oil Holding Near HighsCrude prices are sitting just below last week’s highs as we kick off a key week of central bank meetings. Rapidly increasing interest rates have been a major headwind for oil...

NZDUSD H4 | Approaching 78.6% Fibo support
NZDUSD H4 | Approaching 78.6% Fibo support

TitleNZDUSD H4 | Approaching 78.6% Fibo supportTypeBullish BouncePreference:Price is falling towards the pivot point of 0.61288 and could potentially reverse from here; we could see momentum carry...

EURUSD H4 | Potential Bullish reversal?
EURUSD H4 | Potential Bullish reversal?

TitleEURUSD H4 | Potential Bullish reversal?TypeBullish BouncePreference:Price is approaching our pivot point of 1.10464 which is a pullback support level. A reverse from here, price could push up to...

Bitcoin At a Crossroads: What’s Next?
Bitcoin At a Crossroads: What’s Next?

Gold rebounded from the resistance level of 1980, which is also the broken neckline of the double top. The asset’s price might potentially gain psychological support at the level of 1900, rebound, and...

EUR Tanks As Eurozone PMIs Plunge Further
EUR Tanks As Eurozone PMIs Plunge Further

 German Data Drops AgainEURUSD is trading lower today as EUR comes under heavy selling pressure on the back of a slew of negative data today. The latest round of eurozone PMIs saw factory and...

GBP Under Pressure Following PMI Miss
GBP Under Pressure Following PMI Miss

PMIs Drop AgainFollowing on from the weak eurozone data we saw this morning, the latest round of PMIs out of the UK today struck a similar tone. The manufacturing PMI was seen falling to 45 from 46.5...

AUDUSD H4 | Falling to pullback support
AUDUSD H4 | Falling to pullback support

TitleAUDUSD H4 | Falling to pullback supportTypeBullish BouncePreference:Price is falling towards the pivot point of 0.67014 and could potentially reverse from here; we could see momentum carry price...