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Technical Analysis

Bitcoin Held Up At Resistance Level
Bitcoin Held Up At Resistance Level

Bitcoin Rally PausesBitcoin prices saw very little movement over the European morning on Monday. The futures market remains stagnated for now ahead of resistance at the 53385 level. On the back of the...

China Concerns And US Rates Outlook Weighing on Copper
China Concerns And US Rates Outlook Weighing on Copper

Copper Lower on MondayCopper prices are under pressure at the start of the week with futures currently down around 1.75% from last week’s highs. The move is likely partly due to position squaring...

EURGBP Day | Bullish breakout
EURGBP Day | Bullish breakout

TitleEURGBP Day | Bullish breakoutTypeBullish BreakoutPreference:The price could break above the pivot at 0.8551, the overlap resistance. Then it could climb higher, reaching the 1st resistance at...

Potential Bearish Momentum
Potential Bearish Momentum

TitlePotential Bearish MomentumTypeBearish DropPreference:Price is currently trading around the pivot point of 83.241 and strong bearish momentum could potentially drive price lower down towards its...

Bitcoin Bulls Waiting Patiently
Bitcoin Bulls Waiting Patiently

Bitcoin Still HoldingBitcoin prices remain stalled at recent highs as we head into the weekend. Following the breakout move higher last week, bullish momentum has faded for now as traders await fresh...

USDCHF H1 | Bearish Continuation expected
USDCHF H1 | Bearish Continuation expected

TitleUSDCHF H1 | Bearish Continuation expectedTypeBearish DropPreference:Price is currently at the pivot point of 0.8803, an overlap resistance level. A reverse from this level could lead the price to...

Potential Bearish Breakout
Potential Bearish Breakout

TitlePotential Bearish BreakoutTypeBearish BreakoutPreference:Price is falling towards the pivot point of 1.34789 which is a potential breakout level and could drop lower from here; we could see...

JPY Sell-Off Continues As USD Rebounds
JPY Sell-Off Continues As USD Rebounds

Yen Under PressureThe Japanese Yen remains under pressure as we head towards the weekend. JPY has been under steady selling pressure this week as the BOJ’s continued commitment to keeping rates at...

Bitcoin Forecast: Potential Price Correction Ahead
Bitcoin Forecast: Potential Price Correction Ahead

The price of Bitcoin keeps reversing. It should undergo correction soon. The asset’s price might not only gain the required support at the levels 49000 and 45500 but also dive even deeper and hit the...