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Technical Analysis

Potential Bullish Reversal
Potential Bullish Reversal

TitlePotential Bullish ReversalTypeBullish BouncePreference:Price is falling towards the pivot point of 0.6576 which is a pullback support that aligns with the 38.2% Fibonacci retracement level and...

S&P500 Forecast: Potential Price Reversal Ahead
S&P500 Forecast: Potential Price Reversal Ahead

The daily timeframe of the New Zealand Dollar shows the newly formed downtrend between the points 0.6369 and 0.6216 as well as the horizontal level of 0.6082. This level almost coincides with the 50%...

Pullback Resistance at 23.6% Fibonacci Retracement
Pullback Resistance at 23.6% Fibonacci Retracement

TitlePullback Resistance at 23.6% Fibonacci RetracementTypeBearish ReversalPreference:Price is rising towards the pivot point of 84.91 which is a pullback resistance that aligns with the 23.6%...

Overlap Resistance at 61.8% Fibonacci Retracement
Overlap Resistance at 61.8% Fibonacci Retracement

TitleOverlap Resistance at 61.8% Fibonacci RetracementTypeBearish ReversalPreference:Price is rising towards the pivot point of 1.3718 which is an overlap resistance that aligns with the 61.8%...

Potential Bullish Bounce
Potential Bullish Bounce

TitlePotential Bullish BounceTypeBullish BouncePreference:Price is falling towards the pivot point of 1.0741 which is a pullback support that aligns with the 50.0% Fibonacci retracement level and...

Heading into Pullback Resistance
Heading into Pullback Resistance

TitleHeading into Pullback ResistanceTypeBearish ReversalPreference:Price is rising towards the pivot point of 2,324.58 which is a pullback resistance that aligns with the 38.2% Fibonacci retracement...

Crude Sinking on Fading Middle East Fears
Crude Sinking on Fading Middle East Fears

Middle East ImpactOil prices remain under pressure on Friday and are on course for their largest weekly decline in 3 months. Hopes of a ceasefire between Israel and Hamas are driving the selling in...

Potential Bearish Reversal
Potential Bearish Reversal

TitlePotential Bearish ReversalTypeBearish ReversalPreference:Price has just reacted off the pivot point of 0.6577 which is a pullback resistance that aligns with the 78.6% Fibonacci retracement level...

Downward Pressures Remain
Downward Pressures Remain

TitleDownward Pressures RemainTypeBearish ReversalPreference:Price is rising towards the pivot point of 85.35 which is a pullback resistance that aligns with the 23.6% Fibonacci retracement level and...