Loading...

Technical Analysis

Bitcoin's Record Breakout Continues
Bitcoin's Record Breakout Continues

 USD Falls Following Jobs DataBitcoin prices are back in the green on Monday with BTC futures breaking out to fresh all-time highs. The move comes amidst a weakening of the US Dollar on the back of a...

US Jobs Data Drives GBPUSD Breakout
US Jobs Data Drives GBPUSD Breakout

GBP Breaking OutThe British Pound is attempting to breakout against the US Dollar with GBPUSD currently testing YTD highs. USD has moved lower recently in line with worsening US economic data and the...

GBPUSD H1 | Dropping to support?
GBPUSD H1 | Dropping to support?

TitleGBPUSD H1 | Dropping to support?TypeBearish DropPreference: Price is currently at the pivot point of 1.2849, an overlap resistance. A drop from this level could lead the price to fall to 1st...

EURUSD H1 | Bearish Drop
EURUSD H1 | Bearish Drop

TitleEURUSD H1 | Bearish DropTypeBearish DropPreference:Price is currently at the pivot point of 1.0939, an overlap resistance. A drop from this level could lead the price to fall to 1st support at...

Heavy USDJPY Reversal Underway
Heavy USDJPY Reversal Underway

USDJPY Heading LowerUSDJPY is under heavy selling pressure as we head towards the US session on Monday. Traders continued to offer the pair through early European trading, extending the declines seen...

Potential Bullish Breakout
Potential Bullish Breakout

TitlePotential Bullish BreakoutTypeBullish BreakoutPreference:Price is rising towards the pivot point of 1.34940 which is a potential breakout level and could climb higher from here; we could see...

Euro Slides As ECB Signals June Rate Cut Chances
Euro Slides As ECB Signals June Rate Cut Chances

June Cut in FocusYesterday’s ECB meeting was a pivotal moment for FX traders with the bank essentially giving the nod for a June rate cut. Monetary policy was held unchanged yesterday, as expected....

EURUSD H1 | Bearish Drop
EURUSD H1 | Bearish Drop

TitleEURUSD H1 | Bearish DropTypeBearish DropPreference:Price is currently at the pivot point of 1.0947, an overlap resistance level. A drop from this level could lead the price to fall to 1st support...

Bitcoin Bulls Hoping For NFP Boost
Bitcoin Bulls Hoping For NFP Boost

Bitcoin Holds at HighsFollowing the order book clearout we saw on Tuesday, Bitcoin prices have been grinding back up towards highs. Weakness in the US Dollar ahead of today’s key labour market updates...