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Technical Analysis

Swissy Soars As SNB Cuts Rates Again

SNB Cuts Rates AgainThe SNB caught traders off-guard today and became the latest bank in the G10 bloc to ease this month, cutting rates by .25% to 1.25%. Following an earlier cut three months ago, the...

USDCAD H1 | Bullish Bounce

TitleUSDCAD H1 | Bullish BounceTypeBullish RisePreference:Price is falling toward the pivot point of 1.3713, an overlap support that aligns with 23.6% Fibo retracement. A bounce from this level could...

Bitcoin Forecast: Potential Price Rise Ahead!

The price of Bitcoin broke the uptrend and gradually dropped. The price of this asset might test the psychological level of 60000, gain the required support, and rise soon. Hence, it would be...

Crude Rallying Ahead of EIA Data

Crude Higher on Bullish Demand OutlookCrude prices continue to climb as we move through the back of the week with crude futures on course for the best run since March. Expectations of a lift in demand...

BCOUSD H1 | Bearish Reversal

TitleBCOUSD H1 | Bearish ReversalTypeBearish ReversalPreference:Price is rising toward the pivot point of 85.57, a pullback resistance. A reversal from this level could lead the price to fall to 1st...

EURUSD M15 | Bearish reversal

TitleEURUSD M15 | Bearish reversalTypeBearish ReversalPreference:Price is rising toward the pivot point of 1.0742, a pullback resistance. A reversal from this level could lead the price to fall to 1st...

Will BOE Spark FTSE Rally?

BOE in FocusThe FTSE is trading a little higher today ahead of the BOE meeting. Price action has been muted this week as traders wait to hear the latest outlook and assessment from Bailey and co....

USDCHF H1 | Bullish Rise

TitleUSDCHF H1 | Bullish RiseTypeBullish RisePreference:Price is currently at the pivot of 0.8839, a rise from this level could the price to rise to 1st resistance at 0.8870, a pullback resistance...

AUDUSD H1 | Bullish Bounce

TitleAUDUSD H1 | Bullish BounceTypeBullish BouncePreference:Price is falling toward the pivot point of 0.6632 a pullback support A bounce from this level could lead the price to rise to the 1st...