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TitleUSDJPY H4 I Reacting off the resistance? TypeBearish Reversal Preference:Price is currently at our pivot point of 147.382, which serves as an overlap resistance level that aligns with 78.6% Fiob retracement. A reversal from this point could lead the price to drop to the 1st support at 146.132, representing a swing-low support level. Alternative scenario:However, […]

TitleSPX500USD H4 | Bullish bounce off 50% fibo? TypeBullish Bounce Preference:Price could bounce off from our pivot point at 4460.15, which is an overlap support level, aligning with the 50% fibo retracement. If price bounces off the pivot point, then price could potentially rise towards the 1st resistance at 4494.9, which is a swing high […]

As of Wednesday, nothing has changed substantially in the cryptocurrency market. The BTC exchange rate remains near 25,871 USD. Market attention is still focused on information about the potential unlocking of FTX assets, worth no less than 3.4 billion USD. The company intends to sell the assets for 200 million USD weekly. From a fundamental […]

The major currency pair continues its consolidation on Wednesday. The current EURUSD exchange rate stands at 1.0747. There were no significant US statistics published earlier this week. The most interesting developments will begin today with the US Consumer Price Index report for August. According to forecasts, inflation may have increased to 3.6% y/y from 3.2% […]

Brent Soaring on OPEC Drivers Oil prices are soaring this week with Brent crude oil trading up to fresh highs on the year, hitting levels not seen since November 2022. Brent is now trading around 32% higher off the YTD lows and looks poised for further gains near term against a highly supportive backdrop. The […]

Stocks Showing Caution Ahead of Data US stock markets are reflecting some trepidation ahead of the latest set of US inflation figures due later today. Fed rate hike projections for the remainder of the year have been sharply unwound on the back of recent US data misses. While the Fed has reaffirmed its message that […]