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Technical Analysis

EURUSD Traders Eye Lagarde & NFP

EURUSD Range PersistsEURUSD continues to hold in very choppy, tightly congested formation ahead of the upcoming headline US data today. The market has been tightly wound recently with some pointing to...

Crude Rallies As Data & OPEC Cuts Support

Cuts Supporting Oil PricesCrude oil prices are rising into the end of the week with crude futures once again testing the 72.61 level. Fresh production cuts from Saudi Arabia and Russia at the start of...

USDCHF H4 | Potential bullish reversal

TitleUSDCHF H4 | Potential bullish reversalTypeBullish BouncePreference:Price is falling towards the pivot point of 0.89266 and could potentially reverse from here; we could see momentum carry price...

EURUSD H4 |  Running into resistance

TitleEURUSD H4 |  Running into resistanceTypeBearish ReversalPreference:Price could approach the pivot point at 1.09183 and potentially reverse from here; we could see momentum carry price down to its...

Bullish USD Sentiment Following ADP & ISM Data Beats

ADP Employment SoarsThe US Dollar rose on the back of a slew of positive data prints yesterday. Both the ADP employment number and the ISM services PMI came in well above expectations. For the APD...

XAUUSD H4 | React off resistance

TitleXAUUSD H4 | React off resistanceTypeBearish ReversalPreference:Price is currently at our pivot point of 1912.723 which is an overlap resistance. A reverse from here, price could fall to 1st...

Meta Shares Rally on Threads Launch

Threads Takes on TwitterShares in Meta are trading higher today ahead of the open as the stock receives a bullish boost from the launch of new Twitter rival Threads. The new app, which takes its users...

BlackRock Says Bitcoin Can 'Revolutionise Finance'

BTC Holding Near HighsBitcoin futures are holding just below the year’s highs as we move through the European morning on Thursday. After a deep correction lower from the initial YTD highs in April,...

No Fireworks Around FOMC Minutes - NFP Up Next

Muted Reaction to MinutesThe June FOMC minutes yesterday were broadly USD positive but offered little in the way of new information and, as such, saw a relatively muted market reaction. The minutes...