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Technical Analysis

Intervention Risks Grow As BOJ Fails to Drive Yen Rally
Intervention Risks Grow As BOJ Fails to Drive Yen Rally

USD Rallies Post-BOJUSDJPY was seen rallying to its highest level since the April FX intervention place on the back of the BOJ meeting overnight. As expected, the bank held headline policy in place...

GBPUSD H1 | Bullish Bounce
GBPUSD H1 | Bullish Bounce

TitleGBPUSD H1 | Bullish BounceTypeBullish BouncePreference:Price is falling toward the pivot point of 1.2730, a pullback support that aligns with 78.6% Fibo retracement. A bounce from this level...

EURUSD D1 Bullish Bounce
EURUSD D1 Bullish Bounce

TitleEURUSD D1 Bullish BounceTypeBullish BouncePreference:Price is nearing the pivot of 1.0729, an overlap support level close to 61.8% Fibo retracement. A bounce from this level could lead the price...

XAUUSD H1 | Bearish Drop
XAUUSD H1 | Bearish Drop

TitleXAUUSD H1 | Bearish DropTypeBearish ReversalPreference:Price has jsut reacted off the pivot of 2308, an overlap support. A drop from this level could lead the price to fall to 1st support at...

Dollar Ends The Week Higher Post-FOMC
Dollar Ends The Week Higher Post-FOMC

Fed Boosts DollarThe US Dollar is ending the week higher, driven by a growing divergence between the Fed and other central banks. While the ECB and BOC both recently cut rates, the Fed this week took...

US30USD H4 | Approaching Overlap Support
US30USD H4 | Approaching Overlap Support

TitleUS30USD H4 | Approaching Overlap SupportTypeBullish BouncePreference:Price is falling towards the pivot point of 38,562.71 which is an overlap support that aligns with the 50.0% Fibonacci...

GBPUSD H4 I Bullish Rise
GBPUSD H4 I Bullish Rise

TitleGBPUSD H4 I Bullish RiseTypeBullish BouncePreference:Price is falling toward the pivot point of 1.2764 a pullback support level close to 61.8% Fibo retracement. A bounce from this level could...

All Eyes on BOJ As USDJPY Holds Firm
All Eyes on BOJ As USDJPY Holds Firm

USDJPY Holds Near HighsDespite a brief dip lower yesterday, as traders digested the details of the latest US inflation data and the FOMC meeting afterward, USDJPY has recovered today with the pair...

AUDUSD H4 | Falling to 50% Fibonacci Support
AUDUSD H4 | Falling to 50% Fibonacci Support

TitleAUDUSD H4 | Falling to 50% Fibonacci SupportTypeBullish BouncePreference:Price is falling towards the pivot point of 0.6632 which is a pullback support that aligns close to the 50.0% Fibonacci...