Nasdaq Breaks Out Despite Hawkish Fed Developments
US CPI Cools AgainUS stocks have broken out to fresh record highs today on the back of yesterday’s US CPI and FOMC double-event. Annualised CPI was seen cooling for a second month in a row to 3.3%,...
US30USD H4 | Approaching Overlap Support
TitleUS30USD H4 | Approaching Overlap SupportTypeBullish BouncePreference:Price is falling towards the pivot point of 38,562.71 which is an overlap support that aligns with the 50.0% Fibonacci...
GBPUSD H4 I Bullish Rise
TitleGBPUSD H4 I Bullish RiseTypeBullish BouncePreference:Price is falling toward the pivot point of 1.2764 a pullback support level close to 61.8% Fibo retracement. A bounce from this level could...
All Eyes on BOJ As USDJPY Holds Firm
USDJPY Holds Near HighsDespite a brief dip lower yesterday, as traders digested the details of the latest US inflation data and the FOMC meeting afterward, USDJPY has recovered today with the pair...
AUDUSD H4 | Falling to 50% Fibonacci Support
TitleAUDUSD H4 | Falling to 50% Fibonacci SupportTypeBullish BouncePreference:Price is falling towards the pivot point of 0.6632 which is a pullback support that aligns close to the 50.0% Fibonacci...
EURUSD H1 I Bullish Bounce
TitleEURUSD H1 I Bullish BounceTypeBullish BouncePreference:Price is falling toward the pivot point of 1.0772 a pullback support level close to 61.8% Fibo retracemment. A bounce from this level could...
USDCHF H4 | Bearish Drop
TitleUSDCHF H4 | Bearish DropTypeBearish DropPreference:Price is currently at the pivot point of 0.8976, an overlap resistance. A drop from this level could lead the price to fall to 1st support at...
BCOUSD H4 | Potential Bullish Breakout
TitleBCOUSD H4 | Potential Bullish BreakoutTypeBullish BreakoutPreference:Price is rising towards the pivot point of 82.55 which is a potential breakout level and could climb higher from here; we...
Major Two-Way Risk For USD Today
Inflation & FOMC On WatchAll eyes are on the US Dollar today. The release of May CPI and the June FOMC falling on the same day creates powerful volatility risk which has the potential to drive...
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