TAG: Technical Analysis

GBP/USD Forecast: Cable at Key 1.2525 Support after Cool UK CPI

GBP/USD Key Points GBP/USD is the weakest US dollar cross after this morning’s cooler-than-expected...

7 months ago

Target Thursdays: UK100 & AUDUSD hit profit target

UK100 soars through profit levels AUDUSD bears bag 30 pips Bonus: Keep on USDInd trading range Chec...

7 months ago

Target Thursdays: SPX500_m, EURUSD & XAGUSD hit target prices

Check out these potential profits that you may have missed from our Daily Market Analysis. SPX500...

7 months ago

Bitcoin bulls back in town after weekly breakout

Bitcoin bullish on D1 timeframe W1 support could provide long opportunity Prices above 50 LWMA on H4...

7 months ago

Crude: Symmetrical triangle nears apex

Crude coils within triangle pattern Prices below 50-day EMA Incoming EIA could trigger volatility...

7 months ago

Gold seeks fresh momentum

Gold trading between key weekly levels Incoming US data could move precious metal H4 charts show pos...

7 months ago

Bitcoin bulls ride off weekly support

Bitcoin bullish on D1/W1 timeframe  Strong W1 support at 48412.28 Prices firmly above H4 LWMA  4 pot...

7 months ago

USDInd: Braces for breakout ahead of CPI

USDInd waits for fundamental spark Watch out for US inflation report Descending channel on H4 chart...

7 months ago

Technical cheat sheet: USD/JPY at the infamous 150 level

We delve into historical events to craft an overview rooted in past technical analyses and fundamental factors. Our discussion spans strategies for both conformists and contrarians across weekly and daily timeframes, highlighting essential levels to watch...

7 months ago

AUD/USD Technical: Bulls have failed to break above the 0.6570 resistance

Recent China’s stimulus policies have failed to provide a positive feedback loop for AUD/USD bulls. The recent movement of the AUD/USD seems to be more driven by the fixed income yield spread between the 2-year US Treasury note and the Australian governm...

7 months ago

Nikkei 225 Technical: Eyeing a potential new all-time high

Nikkei 225 has continued its bullish momentum despite a technical recession in the Japanese economy. Current price action is just 0.9% away from its 38,957 all-time high printed in December 1989. Medium-term momentum is overbought but no clear signs of b...

7 months ago

US stock market bulls are facing a reality check (3 ominous signs to watch)

Goods-based inflationary pressures in the US may resurface in H2 2024 due to leading bullish momentum built-up in commodities. Persistent low correlation readings among S&P 500 constituents may trigger a spike in the VIX. The leading Nasdaq 100 has d...

7 months ago

Target Thursdays: EURGBP, GBPUSD & Crude hit targets!

Check out these potential profits that you may have missed from our Daily Market Analysis. EURGBP bears bag 20 pips GBPUSD reaches all profit targets Crude bulls pockets 63 points       1) EURGBP extends downside pressure Where and when was Target...

6 months ago

Where does gold go now?

SHe says prior patterns suggest we are at or near the peak, with a re-grouping, before another rise to yet another record high. What will drive it? Well, several potential factors could drive the dollar price up, but Goldman Sachs suggests that geopolitic...

6 months ago