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TitleGBPUSD H4 | Potential bearish reversal TypeBearish Reversal Preference:Price has bounced off from our Pivot at 1.23955 which is a swing high resistance. if price were to reverse it could drop down to 1st support at 1.23464 Alternative scenario:However, if price were to break above the pivot point it could push up to 1st resistance […]

The legal quandary faced by ex-President Donald Trump, now indicted by a New York grand jury, adds a layer of complexity to the Congressional gridlock over fiscal matters, potentially impacting the U.S. stock market and economic health. While the indictment itself may not appear to directly affect the stock market, it coincides with a tense […]

The BTC dropped to 27,806 USD on Friday. The cryptocurrency lacks an impulse to bring to life its ambitious targets for growth. The support level is 26,750 USD, and the next one is 26,500 USD. Resistance levels are 29,000 USD and higher. The correlation with the US stock market has somewhat weakened, which brought down […]

EURUSD, “Euro vs US Dollar” On H4, near the resistance, EURUSD has formed a Shooting Star reversal pattern. Currently, the instrument is going by the reversal signal in a descending wave. The target for the correction might be 1.0850. However, the price may grow to 1.0950 and continue the uptrend without any correction to the […]

TitleUSDJPY H4 | Potential bearish reversal TypeBearish Reversal Preference:Price is currently at our pivot point at 132.692, which is an overlap support along with a 38.2% Fibonacci retracement. If the price were to reverse, it could drop to 1st support at 131.651 along with a 50% Fibonacci retracement. Alternative scenario:However, if the price breaks above […]

Daily Technical Trade Setups For Nvidia, Microsoft & Russell2000 To access today’s actionable analysis, click here! Source: Tickmill