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Forex

USDJPY H4  | Bearish reversal at pullback resistance
USDJPY H4  | Bearish reversal at pullback resistance

Title:USDJPY H4  | Bearish reversal at pullback resistanceType:Bearish reversalPreference: The price is rising towards the pivot at 157.38, which is a pullback resistance that aligns with the 38.2%...

Dollar Falls Despite NFP Beat
Dollar Falls Despite NFP Beat

Dollar Down on MondayThe US Dollar is starting the week under pressure today, despite the upside surprise in Friday’s US NFP data and subsequent lift in Fed tightening expectations. The headline NFP...

NZDUSD H4 | Bearish reversal at 61.8% Fib resistance
NZDUSD H4 | Bearish reversal at 61.8% Fib resistance

Title:NZDUSD H4 | Bearish reversal at 61.8% Fib resistanceType:Bearish reversalPreference:The price is rising toward the pivot at 0.5920, a pullback resistance that aligns with the 61.8% Fibonacci...

USDJPY Collapse Intensifies
USDJPY Collapse Intensifies

Yen Rally ContinuesThe Japanese Yen is continuing to push firmly higher against the US Dollar today. Recent USD weakness along with hawkish BOJ expectations, unwinding carry trades and suspected...

GBPAUD H4 | Potential bearish copntinuation
GBPAUD H4 | Potential bearish copntinuation

Title:GBPAUD H4 | Potential bearish copntinuationType:Bearish reversalPreference:The price is rising towards the pivot at 1.8848, an overlap resistance. A reversal from this level could lead the price...

EURUSD On Watch Into Today's NFP Release
EURUSD On Watch Into Today's NFP Release

ECB/Fed DivergenceEURUSD is on watch today as traders brace for the latest US NFP report. The recent shift lower in Fed tightening expectations is creating bullish divergence between the ECB and the...

USDCAD H4 | Heading towards key resistance
USDCAD H4 | Heading towards key resistance

Title:USDCAD H4 | Heading towards key resistanceType:Bearish reversalPreference:The price is rising toward the pivot at 1.3860, an overlap resistance. A reversal from this level could lead the price...

GBPNZD H4 | Bullish breakout setup
GBPNZD H4 | Bullish breakout setup

Title:GBPNZD H4 | Bullish breakout setupType:Bullish bouncePreference:The price is falling towards the pivot at 2.2911, a pullback support that is slightly below the 61.8% Fibonacci retracemnt A...

EURUSD H4  | Potential bearish reversal
EURUSD H4  | Potential bearish reversal

Title:EURUSD H4  | Potential bearish reversalType:Bearish reversalPreference: The price is reacting off the pivot at 1.1636, which is a pullback resistance that aligns with the 50% Fibonacci...