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Technical Analysis

Crude Pushes Lower Ahead of EIA Data
Crude Pushes Lower Ahead of EIA Data

Middle East UncertaintyOil prices are continuing to trade lower through the middle of the week, despite ongoing uncertainty over Israeli military operations in Rafah. Reports that ceasefire talks have...

Overlap Resistance at 38.2% Fibonacci Retracement
Overlap Resistance at 38.2% Fibonacci Retracement

TitleOverlap Resistance at 38.2% Fibonacci RetracementTypeBearish ReversalPreference:Price is rising towards the pivot point of 2,330.72 which is an overlap resistance that aligns with the 38.2%...

Potential Bearish Breakout
Potential Bearish Breakout

TitlePotential Bearish BreakoutTypeBearish DropPreference:Price could fall towards the pivot point of 83.26 which is a potential breakout level and could drop lower from here; we could see momentum...

Falling to Pullback Support
Falling to Pullback Support

TitleFalling to Pullback SupportTypeBullish BouncePreference:Price is falling towards the pivot point of 0.5980 which is a pullback support that aligns with the 38.2% Fibonacci retracement level and...

Copper Falls As USD Recovers
Copper Falls As USD Recovers

Copper Correction ContinuesCopper prices have come under heavy selling pressure on Wednesday with the futures market down almost 2% on the session so far. The weakness comes in response to the ongoing...

Potential Bullish Reversal
Potential Bullish Reversal

TitlePotential Bullish ReversalTypeBullish BouncePreference:Price is trading close to the pivot point of 1.0740 which is a pullback support that aligns with the 50.0% Fibonacci retracement level and...

RBA Holds Tight, But Hawkish Risks Remain
RBA Holds Tight, But Hawkish Risks Remain

Aussie Sold Post-RBAThe Australian Dollar has come under pressure across early European trading on Tuesday as traders digest the latest monetary policy meeting from the RBA overnight. The bank held...

Bearish Momentum to Extend
Bearish Momentum to Extend

TitleBearish Momentum to ExtendTypeBearish DropPreference:Price has made a bearish reversal, sell at the pivot point of 27.24; we could see momentum carry price down to its 1st support at 26.78 which...

Bitcoin Rallies As ETF Demand Rebounds
Bitcoin Rallies As ETF Demand Rebounds

BTC Bounces Off LowsBitcoin prices are trading tentatively in the green across early European trading on Tuesday. Following a breakdown lower last week which saw BTC futures crashing through support...