Loading...

Technical Analysis

Platinum and Brent Oil: Potential Price Rise Ahead
Platinum and Brent Oil: Potential Price Rise Ahead

The price of platinum is testing the resistance level of 950, which also acts as the middle point of the latest descending move. Since platinum tends to follow gold and silver, the price of this asset...

GBPUSD H4 I Bearish Drop from 61.8%
GBPUSD H4 I Bearish Drop from 61.8%

TitleGBPUSD H4 I Bearish Drop from 61.8%TypeBearish ReversalPreference:Price is rising toward the pivot point of 1.2688, a pullback resistance close to the 61.8% Fibonacci retracement level. A...

Potential Bearish Breakout
Potential Bearish Breakout

TitlePotential Bearish BreakoutTypeBearish BreakoutPreference:Price is falling towards the pivot point of 1.35117 which is a potential breakout level and could drop lower from here; we could see...

Copper Rallies on China Factory Boost & Weak USD
Copper Rallies on China Factory Boost & Weak USD

Better China Data Boosts CopperCopper prices have broken out to their highest levels since January 2023 this week. There are a few factors at play here but the two main bullish drivers to focus on are...

Dollar Slump Deepens as Traders Await NFP Tomorrow
Dollar Slump Deepens as Traders Await NFP Tomorrow

Weak ISM Services Hits DollarThe US Dollar is turning sharply lower into the back of the week, ahead of tomorrow’s keenly awaited March labour reports. Yesterday, the ISM services reading was seen...

Bullish Momentum to Extend?
Bullish Momentum to Extend?

TitleBullish Momentum to Extend?TypeBullish BreakoutPreference:Price is showing strong bullish momentum, buy at market (pivot point of 0.65830); we could see momentum carry price up to its 1st...

Silver Hits 24-Month Highs on Dovish Fed Comments
Silver Hits 24-Month Highs on Dovish Fed Comments

Silver Breaking OutSilver prices are surging higher today with the futures market breaking out to its highest level since March 2022. Dovish comments from Fed’s Mester yesterday helped fuel a more...

Potential Bullish Breakout
Potential Bullish Breakout

TitlePotential Bullish BreakoutTypeBullish BreakoutPreference:Price is rising towards the pivot point of 0.65186 which is a potential breakout level and could climb higher from here; we could see...

What's Driving The Push Higher in Crude?
What's Driving The Push Higher in Crude?

Crude at HighsOil prices are back in the spotlight this week with crude futures having broken out to fresh YTD highs yesterday. Heightened geo-political risks linked to escalating conflict in the...