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Technical Analysis

Is the Tesla Rally Losing Steam?
Is the Tesla Rally Losing Steam?

Tesla Rally on WatchShares in electric vehicle maker Tesla have been on a solid run higher over recent weeks. The stock is up 30% this month alone, now up almost 100% off the YTD lows. A shift in Fed...

GBPUSD H4 I Bearish Drop
GBPUSD H4 I Bearish Drop

TitleGBPUSD H4 I Bearish DropTypeBearish DropPreference:Price is currently at the pivot of 1.2860. a swing high resistance clsoe to 127.2% Fibo extension. A drop from this level could lead the price...

Palladium Futures (PA1!) | H4 Potential Bullish Breakout
Palladium Futures (PA1!) | H4 Potential Bullish Breakout

Palladium Futures (PA1!) | H4 Potential Bullish BreakoutType:Bullish BreakoutKey Levels:Resistance: 1,052.00Pivot: 1,006.00Support: 967.00Preferred Case:Looking at the H4 chart, my overall bias for...

USDJPY H4 | Bearish Drop
USDJPY H4 | Bearish Drop

TitleUSDJPY H4 | Bearish DropTypeBearish DropPreference:Price is currently at the pivot of 161.58, an overlap resistance. A drop from this level could lead the price to fall to 1st support at 160.34,...

Copper Softens on China Inflation Decline
Copper Softens on China Inflation Decline

Weak China DataFollowing a promising rebound off the 4.300 level over the last week, copper prices are cooling a little here with the futures market slipping back below the 4.5785 level on Wednesday. ...

Silver Futures (SI1!) | H1 Approaching Pullback Support
Silver Futures (SI1!) | H1 Approaching Pullback Support

Silver Futures (SI1!) | H1 Approaching Pullback SupportType:Bullish BounceKey Levels:Resistance: 31.41Pivot: 30.90Support: 30.56Preferred Case:Looking at the H4 chart, my overall bias for Silver...

Dollar Potentially At Major Turning Point
Dollar Potentially At Major Turning Point

USD ShiftOver the past fortnight we’ve seen a clear shift in USD with the Dollar Index shedding around 1.2% from the June highs. This weakness comes despite the Fed striking a firmly hawkish tone at...

GBPUSD M30 I Bearish Drop
GBPUSD M30 I Bearish Drop

TitleGBPUSD M30 I Bearish DropTypeBearish ReversalPreference:Price is rising toward the pivot of 1.2800, a pullback resistance close to 50% Fibo retracement. A reverse from this level could lead the...

USDCAD H4 | Bearish reversal
USDCAD H4 | Bearish reversal

TitleUSDCAD H4 | Bearish reversalTypeBearish ReversalPreference:Price is rising toward the pivot of 1.3663, a pullback resistance close to 38.2% Fibo retracement. a reverse from this level could lead...