TitleUSDJPY H4 I Falling to overlap support? TypeBearish Reversal Preference:Price is rising toward our pivot point of 147.361, which serves as an overlap resistance level that aligns with 61.8% Fibo retracement. A reversal from this point could lead the price to drop to the 1st support at 146.56, an overlap support level. Alternative scenario:However, if […]
TitleSPX500USD H4 | Bearish reaction off 38.2% fibo? TypeBearish Reversal Preference:Price has previously bounced off a pullback support and is rising towards the pivot point at 4475.9, which is a pullback resistance level and at the 38.2% fibo retracement. If price closes below the pivot point, then price could fall to the 1st support at […]
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Unauthorised firm details Name: The Trust Loans Address: 111 Piccadilly, Manchester, M1 2HX Telephone: 01618189170 Email: [email protected] Some firms may give incorrect contact details including postal addresses, telephone numbers and email addresses. They may change these contact details over time. They may also give you details that belong to another business or individual, so the […]
TitleUSDJPY H4 | Reacting off the resistance level? TypeBearish Reversal Preference:Price has just reacted off our pivot point of 147.734, which serves as a multi-swing high resistance level. A reversal from this point could lead the price to drop to the 1st support at 146.478, a pullback support level. Alternative scenario:However, if the price breaks […]
Gold is heading down and gradually approaching the supporting zone formed between the levels 1900 and 1913. The asset might potentially rebound from this zone and jump to target the downtrend. So, let’s observe if it is going to happen. Bitcoin keeps moving in a very narrow range. It might eventually rebound from the supporting […]
BOC Holds Rates Steady The Canadian Dollar has been a little firmer on the back of the September BOC meeting yesterday. The bank held rates unchanged at 5%, as expected, though signalled that further tightening might still be warranted given the inflation backdrop. In its decision, the BOC acknowledged that the domestic economic outlook had […]
TitleSPX500USD H4 | Bullish bounce off 50% fibo? TypeBullish Bounce Preference:Price is falling to our pivot point at 4443.1, which is an overlap support and at the 50% fibo retracement. If price bounces from the pivot point, then we can see price rise towards the 1st resistance at 4477.1, which is a pullback resistance and […]