News

Nov 22
Technical Analysis & Forecast 21.11.2023

EURUSD, “Euro vs US Dollar” EURUSD has practically exhausted the potential for a growth wave at the 1.0964 level. A new consolidation range is expected to form around this level. With an escape from the range downwards, a decline wave to 1.0894 is expected to form. With a breakout of this level as well, the […]

Nov 22
GBPJPY H4 | Bullish bounce off pivot?

TitleGBPJPY H4 | Bullish bounce off pivot? TypeBullish Bounce Preference:Price is falling to our pivot point at 184.25, which is a pullback support level. If price bounces off the pivot point, then price could potentially rise towards the 1st resistance at 185.57, which is an overlap resistance level. Alternative scenario:If price breaks below the pivot […]

Nov 22
Will Argentine President Drive Fresh Bitcoin Rally?

BTC Holds Near Highs Bitcoin futures continue to consolidate near recent highs on Tuesday. Following a strong rally across mid October – mid November, bullish momentum has faded a little with prices getting held up around the 37030 level. However, dips have been firmly bid and the market remains around that level currently, suggesting that […]

Nov 21
Japanese Candlesticks Analysis 21.11.2023 (EURUSD, USDJPY, EURGBP)

EURUSD, “Euro vs US Dollar” EURUSD has formed a Shooting Star reversal pattern near the resistance level on H4. Currently, the instrument could go by the reversal signal in a descending wave. The correction target might be the support at 1.0910. However, the price could rise to 1.1000 and extend the uptrend without testing the […]

Nov 21
Ichimoku Cloud Analysis 21.11.2023 (EURUSD, XAUUSD, USDJPY)

EURUSD, “Euro vs US Dollar” EURUSD is rising within a bullish channel. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Kijun-Sen line at 1.0895 is expected, followed by a rise to 1.1115. An additional signal confirming the rise will be a rebound from the lower boundary of […]

Nov 21
DE30EUR H4 | Bullish bounce off pivot?

TitleDE30EUR H4 | Bullish bounce off pivot? TypeBullish Bounce Preference: Price could fall to our pivot point at 15864.2, which is an overlap support level. Price could potentially continue its bullish momentum and bounce off the pivot point, to rise towards the 1st resistance at 15983.3, which is a swing high resistance level. Alternative scenario: […]