Day: February 20, 2024

TitleGBPJPY H4 | Bullish bounce TypeBullish Bounce Preference:The price could bounce off the pivot at 188.86, the overlap support and a bounce could lead the price to rise to the 1st resistance at 190.528, which is the 127% extension level. Alternative scenario:It might reverse and break out of the pivot and fall to the 1st […]

Copper Rally Pauses for Now Copper prices are beginning the week in a quieter fashion after the solid gains we saw last week. The market surged higher by more than 4% as weakness in the US Dollar helped lift demand. Prior to last week’s rally, copper prices had been under heavy pressure as an uptick […]

EURUSD, “Euro vs US Dollar” EURUSD is rebounding from the upper boundary of the descending channel. The instrument is going inside the Ichimoku Cloud, indicating the prevalence of a sideways trend. A test of the upper boundary of the Cloud at 1.0780 is expected, followed by a decline to 1.0645. An additional signal confirming the […]

EURUSD, “Euro vs US Dollar” The EURUSD pair is forming a consolidation range around 1.0760. A decline link to 1.0755 is not excluded today. The quotes might escape the range upwards, aiming at 1.0823. Once this level is reached, a new decline wave to 1.0717 is expected. This is the first target of a new […]

Engineer, TV host and STEM advocate Tamara Robertson (she/her) joined us on this episode of Diverse: a SWE podcast to discuss her efforts to instill hope in the next generation of tinkerers and engineers. Source

TitleXAUUSD H4 | Bullish Bounce TypeBullish Bounce Preference: Price has just bounced the pivot point of 2015, an overlap support level. A bounce from this level could lead the price to rise to 1st resistance at 2029, an overlap resistance Alternative scenario:If price breaks below the pivot, it could fall to 1st support at 2006, […]

TitleNZDJPY M15 I Potential bearish reversal TypeBearish Drop Preference:Price has jsut reacted off the pivot point of 92.24, an overlap resistance that aligns with the 61.8% Fibo retracement. A reverse from this level could lead the price to fall to 1st support at 92.06, a pullback support level. Alternative scenario: If price breaks above the […]

Join the 50K Coalition’s founding members in this important video session! Source

The Japanese yen, paired with the US dollar, is constantly changing its trajectory. The current USDJPY exchange rate stands at 150.16. Today, the market focuses on discussions about currency interventions in Japan. On Tuesday, Finance Ministry spokesman Atsushi Mimura noted that the Japanese authorities are in ongoing dialogue with their foreign counterparts and the Central […]

The Australian dollar is strengthening against the US dollar. The current AUDUSD exchange rate stands at 0.6531. China has resumed its everyday activities, giving Australia more reasons to react. This morning, China reduced its benchmark mortgage rate to bolster the housing market, which had previously experienced a decline. Capital markets responded positively to the news, […]