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Forex

USDCHF H1 | Bearish Continuation expected

TitleUSDCHF H1 | Bearish Continuation expectedTypeBearish DropPreference:Price is currently at the pivot point of 0.8803, an overlap resistance level. A reverse from this level could lead the price to...

Potential Bearish Breakout

TitlePotential Bearish BreakoutTypeBearish BreakoutPreference:Price is falling towards the pivot point of 1.34789 which is a potential breakout level and could drop lower from here; we could see...

JPY Sell-Off Continues As USD Rebounds

Yen Under PressureThe Japanese Yen remains under pressure as we head towards the weekend. JPY has been under steady selling pressure this week as the BOJ’s continued commitment to keeping rates at...

EURUSD Remains Range-Bound as Markets Look for Fresh Upside Catalysts

EUR/USD advanced slightly on Friday following a strong bearish backlash after the pair tested the horizontal resistance level on Thursday. Despite the intensive pullback, it managed to sustain pricing...

EURGBP Day | Bullish breakout

TitleEURGBP Day | Bullish breakoutTypeBullish BreakoutPreference:The price could break above the pivot at 0.8551, the overlap resistance. Then it could climb higher, reaching the 1st resistance at...

EURGBP H4 | Bullish breakout

TitleEURGBP H4 | Bullish breakoutTypeBullish BreakoutPreference:The price is on an uptrend, it could continue to rise higher and breakout of pivot at 0.85701, the overlap resistance. Then it could...

NZDUSD H4 | Bearish reversal

TitleNZDUSD H4 | Bearish reversalTypeBearish ReversalPreference:The price could react off the pivot at 0.62063, the overlap resistance. Then it could fall to the 1st support at 0.62587, the overlap...

Dollar Slumps Despite Hawkish Fed Minutes

USD Falls Despite Hawkish Fed MinutesThe US Dollar is trading lower today on the back of yesterday’s FOMC minutes, despite the minutes taking a broadly hawkish tone. Policymakers agreed that...

Bitcoin Forecast: Potential Price Correction Ahead

The price of Bitcoin keeps reversing. It should undergo correction soon. The asset’s price might not only gain the required support at the levels 49000 and 45500 but also dive even deeper and hit the...