Day: February 7, 2023

Feb 07
USDJPY Potential for bullish rise towards overlap resistance

TitleUSDJPY Potential for bullish rise towards overlap resistance TypeBullish Bounce Preference:Looking at the H4 chart, my overall bias for USDJPY is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market.Looking for price to retest the pivot which is the overlap support. Expecting price to then continue heading towards the […]

Feb 07
Market Spotlight: Bitcoin Hurt By USD Rally

 BTC Reversing From Recent Highs Bitcoin prices have come off a little from last week’s highs with the market turning lower by 7% across recent days. A slew of weaker-than-forecast tech earnings hurt sentiment last week. However, it was Friday’s post-NFP USD rally that really put BTC under pressure. With the NFP coming in well […]

Feb 07
Daily Technical Trade Set Ups for SP500, FTSE & Hang Seng

Daily Technical Trade Set Ups for SP500, FTSE & Hang Seng To Access today’s actionable analysis click here! Source: Tickmill

Feb 07
Precious Metals Monday 06-02-2023

Metals Reverse Sharply Following NFP Surprise In my end of week piece written on Friday morning I noted that while we’d seen plenty of volatility, there might still be further fireworks to come with the NFP still ahead. Looking today at the action in the metals market, it’s safe to say we certainly got those […]