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Technical Analysis

GBPUSD H4 | Potential Bullish Bounce

TitleGBPUSD H4 | Potential Bullish BounceTypeBullish BouncePreference:Price is falling towards the pivot point of 1.2932 which is a pullback support level and could potentially reverse from here; we...

XAUUSD 15m | Falling to 50% Fibonacci Support

TitleXAUUSD 15m | Falling to 50% Fibonacci SupportTypeBullish BouncePreference:Price is falling towards the pivot point of 2,429.80 which is a pullback support that aligns with the 50.0% Fibonacci...

USDCAD H1 | Potential Bullish Reversal

TitleUSDCAD H1 | Potential Bullish ReversalTypeBullish BouncePreference:Price is falling towards the pivot point of 1.3670 which is a pullback support that aligns with the 38.2% Fibonacci retracement...

Oil Slides on China Demand Concerns

Crude Under PressureOil prices are seeing continued selling as we move through the European morning on Tuesday. Crude futures are now down around 3% from last week’s highs on the back of weaker data...

AUDUSD H4 | Pullback Support at 38.2% Fibonacci Retracement

TitleAUDUSD H4 | Pullback Support at 38.2% Fibonacci RetracementTypeBullish BouncePreference:Price is falling towards the pivot point of 0.6731 which is a pullback support that aligns with the 38.2%...

'Trump -Trade' Revival Weighing on CAD

Loonie in FocusThe Loonie will be in focus today with the latest monthly Canadian CPI data due this afternoon.  CAD has been weaker over the last 24 hours in response to a surge in expectations that...

Gold Rallies on Dovish Powell Comments

Powell Acknowledges Inflation FallGold prices are pushing higher today with the futures market testing resistance around the all-time highs on Tuesday. Growing expectations of forthcoming Fed easing...

EURUSD H4 | Falling to Pullback Support

TitleEURUSD H4 | Falling to Pullback SupportTypeBullish BouncePreference:Price is falling towards the pivot point of 1.0866 which is a pullback support level and could potentially reverse from here;...

Dollar Down on Dovish Fed Expectations

DXY lower on MondayThe US Dollar remains weak across early European trading on Monday. The DXY is now down 2% from the June highs with USD finding sustained selling pressure recently amidst an uptick...