FTSE Surges Post-BOEOn the back of the Bank of England meeting yesterday, the FTSE is attempting to breakout above the 7678.8 level range highs. The meeting saw the BOE holding rates steady, while...
GBPUSD H4 | Falling to support level?
TitleGBPUSD H4 | Falling to support level?TypeBearish ReversalPreference:Price is moving to our 1st support at 1.26175, the overlap support level from the pivot point at 1.27866, the swing high...
Dollar At Lows Ahead of PMIs
USD Under PressureThe Dollar Index is on course to end the week at its lowest level since August having shed around 2.4% since Monday’s opening price. The main driver behind the move lower this week...
EURUSD Traders Caught Between Fed & ECB
EUR Rally StallsOn the back of the post-FOMC rally we saw on Wednesday, EURUSD was driven further higher yesterday by the ECB. While the bank held rates unchanged and arguably made some dovish...
CADJPY H4 | Potential Bullish Bounce?
TitleCADJPY H4 | Potential Bullish Bounce?TypeBullish BreakoutPreference:Price is on the pivot point at 105.351, a pullback support and could bounce off and rise to 1st resistance at 106.944, a...
USD Plunges On Dovish FOMC
Fed Signals Rate CutsThe US Dollar has turned sharply lower through Thursday morning as the fallout from last night’s FOMC meeting continues to develop. While rates were held unchanged, in line with...
GBPUSD Rallying Ahead of BOE
BOE Up NextFollowing on from the FOMC last night, market focus today will be fixed firmly on the BOE. Traders are widely expecting the bank to refrain from further tightening, reflecting the drop in...
XAUUSD H1 | Bearish reversal?
TitleXAUUSD H1 | Bearish reversal?TypeBearish DropPreference:Price is currently at our pivot point of 2031, which serves as an overlap resistance level. A reversal from this point could lead the price...
Falling to 61.8% Fibonacci Projection
TitleFalling to 61.8% Fibonacci ProjectionTypeBullish BouncePreference:Price is falling towards the pivot point of 1.34288 which is a swing-low support that aligns with the 61.8% Fibonacci projection...
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