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Technical Analysis

BOC Easing in Focus As CAD CPI Slips Further
BOC Easing in Focus As CAD CPI Slips Further

BOC in FocusThe Canadian Dollar has softened a little on the back of yesterday’s inflation data. Canadian CPI was seen declining again last month, further dampening tightening expectations. The BOC...

SPX500 H4 | Bullish bounce
SPX500 H4 | Bullish bounce

TitleSPX500 H4 | Bullish bounceTypeBullish BouncePreference:The price could fall to the pivot at 4952.82, the overlap support, then it could bounce off the pivot and rise to the 1st resistance at...

Chinese Stocks Soar As PBoC Slashes LPR
Chinese Stocks Soar As PBoC Slashes LPR

PBoC Slashes LPRChinese stocks are surging higher today after the PBoC slashed its 5yr LPR rate to 3.95%. The .25% reduction marks the first LPR cut since June and the largest reduction since the bank...

GBPJPY H4 | Bullish bounce
GBPJPY H4 | Bullish bounce

TitleGBPJPY H4 | Bullish bounceTypeBullish BouncePreference:The price could bounce off the pivot at 188.86, the overlap support and a bounce could lead the price to rise to the 1st resistance at...

XAUUSD H4 | Bullish Bounce
XAUUSD H4 | Bullish Bounce

TitleXAUUSD H4 | Bullish BounceTypeBullish BouncePreference: Price has just bounced the pivot point of 2015, an overlap support level. A bounce from this level could lead the price to rise to 1st...

Gold Rally Continues As Traders Await FOMC Minutes
Gold Rally Continues As Traders Await FOMC Minutes

Gold Rally ContinuesFollowing the breakdown early last week, gold prices have since rebounded and are traidng firmly this week. The downturn in the US Dollar on the back of Thursday’s...

EURJPY H4 | Bearish drop
EURJPY H4 | Bearish drop

TitleEURJPY H4 | Bearish dropTypeBearish DropPreference:The price is trading at pivot at 161.839, the swing-high resistance. Price could reverse from the pivot and fall to the 1st support at 160.166,...

Aussie Bounces As RBA Keeps Tightening Risks Alive
Aussie Bounces As RBA Keeps Tightening Risks Alive

Aussie Holds SupportThe Australian Dollar is trading slightly firmer today on the back of the latest RBA minutes, released overnight, holding at a key support level for now.  The minutes showed that...

NZDJPY M15 I Potential bearish reversal
NZDJPY M15 I Potential bearish reversal

TitleNZDJPY M15 I Potential bearish reversalTypeBearish DropPreference:Price has jsut reacted off the pivot point of 92.24, an overlap resistance that aligns with the 61.8% Fibo retracement. A reverse...