The US Dollar Index (DXY) chewed a circle into the chart paper on Tuesday with bids hanging out near the 107.00 handle. US Retail Sales figures lurched higher to 0.7% MoM, stoking some mild concern among investors that maybe the Fed doesn’t need to...
Pivot Points Pivot Points are a popular technical analysis indicator used in trading to identify potential support and resistance levels. They are calculated based on the previous day's high, low, and closing prices and are commonly used in Forex,...
GBP/USD Today, GBP/USD is trading around 1.2725, slightly recovering after recent declines. Here’s my take on its current technical and fundamental outlook: Technical Analysis On the 4-hour chart, the pair is struggling below the 50-day EMA, which...
Bitcoin’s Bullish Breakout: Key Levels and Strategies Bitcoin is currently showing robust bullish momentum. After rising from the 105,200 level yesterday, it tested the 108,300 level, creating significant upward movement. All technical indicators...
AUD / CHF: An Hourly Time Frame Road Map Yesterday, the price of AUDCHF hit the 0.5683 level, a clear indication of the domination and power of bulls in the market. This price movement suggests that the buyers are currently in control, and the...
