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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 […]

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 […]