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Technical Analysis

Overlap Resistance at 61.8% Fibonacci Retracement

TitleOverlap Resistance at 61.8% Fibonacci RetracementTypeBearish ReversalPreference:Price is rising towards the pivot point of 1.3718 which is an overlap resistance that aligns with the 61.8%...

Potential Bullish Bounce

TitlePotential Bullish BounceTypeBullish BouncePreference:Price is falling towards the pivot point of 1.0741 which is a pullback support that aligns with the 50.0% Fibonacci retracement level and...

Heading into Pullback Resistance

TitleHeading into Pullback ResistanceTypeBearish ReversalPreference:Price is rising towards the pivot point of 2,324.58 which is a pullback resistance that aligns with the 38.2% Fibonacci retracement...

Crude Sinking on Fading Middle East Fears

Middle East ImpactOil prices remain under pressure on Friday and are on course for their largest weekly decline in 3 months. Hopes of a ceasefire between Israel and Hamas are driving the selling in...

Potential Bearish Reversal

TitlePotential Bearish ReversalTypeBearish ReversalPreference:Price has just reacted off the pivot point of 0.6577 which is a pullback resistance that aligns with the 78.6% Fibonacci retracement level...

Downward Pressures Remain

TitleDownward Pressures RemainTypeBearish ReversalPreference:Price is rising towards the pivot point of 85.35 which is a pullback resistance that aligns with the 23.6% Fibonacci retracement level and...

Heading into Pullback Resistance

TitleHeading into Pullback ResistanceTypeBearish ReversalPreference:Price is rising towards the pivot point of 1.2567 which is a pullback resistance level and could potentially reverse from here; we...

Approaching Pullback Support

TitleApproaching Pullback SupportTypeBullish BouncePreference:Price is falling towards the pivot point of 1.3638 which is a pullback support level and could potentially reverse from here; we could see...

Gold Traders Brace For NFP Today

Gold Softer on FridayGold prices are trading a little softer on Friday as traders brace for the latest set of US labour market readings. The last three months’ worth of NFP results have each surprised...