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Technical Analysis

Bitcoin Forecast: Potential Price Rise Ahead
Bitcoin Forecast: Potential Price Rise Ahead

The price of Bitcoin has reached a historical high, formed a bullish trap at the level of 68998, and continued the correction. It should gain the required support at the very important level of 49000,...

Gold Rallies As USD Slides Post-FOMC
Gold Rallies As USD Slides Post-FOMC

USD Tumble Boosts GoldGold prices have broken out to fresh all-time highs today on the back of a weaker USD post-FOMC. The Fed yesterday held monetary policy unchanged, as expected. However, its...

FTSE Rallying Ahead of BOE
FTSE Rallying Ahead of BOE

FTSE Breaking OutAhead of the Bank of England meeting today, the FTSE has broken out to its highest levels since May 2023. A weaker-than-forecast inflation reading earlier in the week has prompted...

Rising into Resistance
Rising into Resistance

TitleRising into ResistanceTypeBearish ReversalPreference:Price is rising towards the pivot point of 0.66455 which is a pullback resistance level and could potentially reverse from here; we could see...

EURUSD H4 | Potential bearish reversal
EURUSD H4 | Potential bearish reversal

TitleEURUSD H4 | Potential bearish reversalTypeBearish ReversalPreference:Price rises toward the pivot point of 1.0868, an overlap resistance close to 50% Fibo retracement. A reverse from this level...

Pound Down As UK Inflation Resumes Decline
Pound Down As UK Inflation Resumes Decline

UK CPI Slips AgainGBP is weakening today after the latest UK inflation data showed that consumer prices are on the decline once again. Following an uptick to 4% over January, annualised headline CPI...

Will Fed Fuel Dollar Breakout?
Will Fed Fuel Dollar Breakout?

Fed on DeckGlobal markets are bracing for the latest Fed monetary policy meeting today. While the FOMC is not expected to see the Fed altering its course, traders will be scouring the details of the...

USDCHF Day I Bearish Drop
USDCHF Day I Bearish Drop

TitleUSDCHF Day I Bearish DropTypeBearish ReversalPreference:Price rises toward the pivot point of 0.8902, an overlap resistance close to 78.6% Fibo retracement. A reverse from this level could lead...

GBPUSD H4 I Bearish Drop
GBPUSD H4 I Bearish Drop

TitleGBPUSD H4 I Bearish DropTypeBearish ReversalPreference:Price rises toward the pivot point of 1.2769, a pullback resistance close to 61.8% Fibo retracement + FVG. A reverse from this level could...