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Technical Analysis

Bitcoin Forecast: Buy the Rumor, Sell the News?

The price of Bitcoin has gone south after a decision by the SEC Commission on the launch of several BTC ETFs. Afterwards, the asset’s price rebounded, dived under the resistance level of 45500, and...

EURUSD H4 | Bearish Reversal

TitleEURUSD H4 | Bearish ReversalTypeBearish ReversalPreference:Price is rising toward to the pivot point of 1.1030 which is a pullback resistance that aligns with the 61.8% Fibo retracememt. A...

GBPUSD M15 | Bullish bounce

TitleGBPUSD M15 | Bullish bounceTypeBullish BouncePreference:Price is falling toward the pivot point of 1.2750, a pullback support that aligns with the 38.2% Fibo retracement. A bounce from this level...

Loonie Rising Ahead of CAD CPI Tomorrow

CAD CPI in FocusUSDCAD is moving higher today ahead of tomorrow’s Canadian CPI release. The market is expecting CAD CPI to have slipped further last month. M/M CPI is pegged at -0.3%, down from the...

Resistance at 38.2% Fibo

TitleResistance at 38.2% FiboTypeBearish ReversalPreference:Price is rising towards the pivot point of 0.67278 which is a pullback resistance that aligns with the 38.2% Fibonacci retracement level and...

Potential Bearish Breakout

TitlePotential Bearish BreakoutTypeBearish BreakoutPreference:Price is falling towards the pivot point of 0.8589 which is a pullback support level and could potentially break under from here; we could...

Futures Weekly Wrap-Up #ES #NQ #YM 12/01/24

Futures Weekly Wrap-Up #ES #NQ #YMTo access the weekly review of the price action in the emini futures markets and today's real-time actionable analysis for the Friday trading session use the...

Crude Rallying As Yemen Tensions Soar

Middle East Tensions Drive OilOil prices are surging higher on Friday as worrying developments in the Middle East point to heightened supply disruptions. Iran reportedly seized an oil tanker in the...

EURUSD M15 I Falling to support level

TitleEURUSD M15 I Falling to support levelTypeBearish DropPreference:Price is currently at the pivot point of 1.0974, A reverse from this point could lead the price to fall to 1st support level at...