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Technical Analysis

RBA, BOC Rate Hikes Put Fresh Focus on Fed
RBA, BOC Rate Hikes Put Fresh Focus on Fed

Hawkish Risks into FOMCOn the back of surprise rate hikes from the RBA and BOC this week, traders are mulling the prospect of the Fed opting to retain a hawkish stance at the upcoming FOMC. Odds for a...

Oil Drops As Saudi Production-Cut Rally Fades
Oil Drops As Saudi Production-Cut Rally Fades

Calmer Crude MarketsFollowing heavy volatility at the start of the week, crude oil prices action has calmed down sharply through the week. Crude futures are now hovering around the level of last...

AUDJPY H4 |  Reversal from 23.6% Fibo
AUDJPY H4 |  Reversal from 23.6% Fibo

TitleAUDJPY H4 |  Reversal from 23.6% FiboTypeBullish BouncePreference:Price is falling towards the pivot point of 92.65 and could potentially reverse from here; we could see momentum carry price up...

Amazon Shares Suffer Largest Loss Since November
Amazon Shares Suffer Largest Loss Since November

Tech Stocks Tumble Stocks were slammed lower yesterday as global yields surged higher on the back of yet another central bank interest rate hike. Following on from the RBA, the BOC hiked rates again...

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GBP Weaker As OECD Forecasts UK Growth Disappointment

OECD Raises UK Growth Forecasts... SlightlyThe latest set of forecasts from the OECD makes pretty dim reading for the UK. The economy is set to suffer the second-worst performance of the G7 this year,...

EURJPY H4 | Bounce off 50% Fibo
EURJPY H4 | Bounce off 50% Fibo

EURJPY H4 | Bounce off 50% FiboTypeBullish BouncePreference:Price is falling towards the pivot point of 148.565 and could potentially reverse from here; we could see momentum carry price up to its 1st...

Tesla Breaks Out To Fresh 2023 Highs
Tesla Breaks Out To Fresh 2023 Highs

Fed Lift Shares in Tesla are trading at fresh highs for the year this week after breaking out yesterday. Pre-market, the stock is sitting a few points higher suggesting further gains to come as we...

XAUUSD H4 | Potential bullish reversal
XAUUSD H4 | Potential bullish reversal

TitleXAUUSD H4 | Potential bullish reversalTypeBullish BouncePreference:Price has reacted off resistance and dropping our pivot point of 1949.103 that aligns with a 61.8% Fibonacci retracement. A...

USDJPY H4 | Bullish bounce from overlap support
USDJPY H4 | Bullish bounce from overlap support

TitleUSDJPY H4 | Bullish bounce from overlap supportTypeBullish BouncePreference:Price is approaching the pivot point of 138.748 and could potentially reverse from here; we could see momentum carry...