Price is holding below the descending trendline resistance however, we are expecting price to have a short burst of bullish momentum towards the trendline resistance. We can expect price to bounce from the pivot level in line with the 50% Fibonacci retracement and graphical overlap support and push towards the...

Price has recently touched our ascending trendline and rebounded at our pivot at 0.91680 which is in line with 61.8% Fibonacci retracement level. We believe that it could potentially go up to our area of take profit at 0.91993 in-line with 61.8% and 23.6% Fibonacci retracement level. Alternatively if prices...

Price is seen to be holding below descending trendline resistance, however we are expecting a short term bullish burst to the trendline resistance. We are expecting price to retrace back to the pivot level ,in line with the 50% Fibonacci retracement level and 61.8% Fibonacci extension level, and bounce back...

Price is hovering at our pivot level at 0.73795 which is in line with 38.2% and 23.6% Fibonacci retracement level. With price testing several times on the middle of the Bollinger Bands , we believe that it could potentially go up to our take profit at 0.74629 at 109.120, in-line...

Price is approaching pivot level at 1,787.81 which is in line with 38.2% Fibonacci retracement level, 161.8% Fibonacci extension level and horizontal overlap support. The price could potentially swing towards resistance at 1,832.20 which coincides with 100% Fibonacci retracement level, 61.8% Fibonacci extension level and horizontal overlap resistance. Stochastic is...

Price is approaching our pivot level at 109.940 which is in line with 38.2% Fibonacci retracement level, trendline and moving averages resistance. Price could potentially drop to support at 109.120, in-line with -61.8% Fibonacci retracement level and 61.8% Fibonacci extension level. Alternatively, price may swing towards resistance at 110.140, in-line...

Today we look at the boost to sentiment after a weak session in the US yesterday as China's Xi and US president Biden spoke on the phone late yesterday. Elsewhere, yields have dropped sharply after a relatively dovish ECB and another strong US treasury auction, this time the 30-year T-bond....

The US equity market closed on a weak note yesterday, but sentiment improved sharply in Asia on the news the Chinese leader Xi Jinping and US President Biden spoke on the phone, a possible sign that the two sides are looking for ways to improve relations. Yesterday, China released oil...