TitleEURJPY H4 | Bullish bounce off 38.2% fibo? TypeBullish Bounce Preference: Price could potentially bounce off our pivot point at 158.49, which is an overlap support level, aligning with the 38.2% fibo retracement. Since price has been creating higher highs and higher lows, we can expect a bounce from here to the 1st resistance level […]
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TitleEURJPY H4 | Bullish bounce off 38.2% fibo? TypeBullish Bounce Preference:Price could possibly bounce off our pivot point at 158.46, which is an overlap support, aliging with the 38.2% fibo retracement. Price has broken through a major resistance, and could possibly bounce off this current support level, to rise towards the 1st resistance at 159.20, […]
Curveball From Powell Hotly anticipated comments from Fed chairman Powell yesterday ultimately presented markets with something of a curveball. On the back of the recent uptick in US data and with several Fed members voicing hawkish opinions, traders had been expecting Powell to double down on the hawkish message offered at the last FOMC meeting, […]
BTC Volatility Following a volatile start to the week, Bitcoin has managed to rally across the last few days and is on course to end the week more than 10% higher. On Monday, Bitcoin prices saw explosive movement around a (later retracted) tweet from CoinTelegraph claiming that the BlackRock BTC ETF had been approved by […]