REAL TIME NEWS
DXY Higher on Jobs DataThe US Dollar is ending the week at highs after a firm rally yesterday as traders reacted to stronger than forecast US data. The weekly jobless figure was seen well below forecasts at 218k down from 232k prior, below 233k expected. Alongside ... DXY Higher on Jobs DataThe US Dollar is ending the week at highs after a firm rally yesterday as traders reacted to stronger than forecast US data. Th
Bitcoin Weaker on FridayBitcoin prices are ending the week at lows with the market down heavily yesterday as USD rallied in response to better-than-forecast US data. Weekly jobless claims were seen dropping to their lowest level in months while final quarterly GDP ... Bitcoin Weaker on FridayBitcoin prices are ending the week at lows with the market down heavily yesterday as USD rallied in response to better-than-fo
TitleAUDUSD H4 I Spotting a bullish reversalTypeBullish bounce Preference:The price is falling towards the pivot at 0.6520, which is a pullback support that aligns with the 61.8% Fibonacci retracement and the 78.6% Fibonacci projection. A bounce from this level cou... TitleAUDUSD H4 I Spotting a bullish reversalTypeBullish bounce Preference:The price is falling towards the pivot at 0.6520, which is a pullback suppor
TitleUSDCHF H4 I | Potential bullish bounce TypeBullish bouncePreference: The price is falling towards the pivot at 0.7969, a pullback support. A bounce at this level could lead the price toward the 1st resistance at 0.8067, a multi-swing high resistance that is sl... TitleUSDCHF H4 I | Potential bullish bounce TypeBullish bouncePreference: The price is falling towards the pivot at 0.7969, a pullback support. A boun
TitleUSOUSD H4 | Bullish bounce off support Type Bullish bouncePreference:The price is reacting off the pivot at 64.28, which is an overlap support. A bounce from this level could lead the price toward the 1st resistance at 66.67, a pullback resistance that aligns ... TitleUSOUSD H4 | Bullish bounce off support Type Bullish bouncePreference:The price is reacting off the pivot at 64.28, which is an overlap support. A
Title GBPUSD H4 I Potential bullish reversal aheadTypeBullish reversalPreference:The price is falling towards the pivot at 1.3313, a pullback support that aligns with the 78.6% Fibonacci projection. A bounce at this level could lead the price toward the 1st resista... Title GBPUSD H4 I Potential bullish reversal aheadTypeBullish reversalPreference:The price is falling towards the pivot at 1.3313, a pullback support
Title GBPUSD H4 I Bullish bounce from key supportTypeBullish reversalPreference:The price is falling towards the pivot at 1.3384, an overlap support that is slightly above the 61.8% Fibonacci projection. A bounce at this level could lead the price toward the 1st re... Title GBPUSD H4 I Bullish bounce from key supportTypeBullish reversalPreference:The price is falling towards the pivot at 1.3384, an overlap support t
BTC Still StuckIt’s been a tricky week for Bitcoin bulls. Following a heavy sell off on Monday, price had staged a recovery through the middle of the week before turning lower again today. Resilience in the US has been partially attributed to the failed recovery wi... BTC Still StuckIt’s been a tricky week for Bitcoin bulls. Following a heavy sell off on Monday, price had staged a recovery through the middle of the
TitleXAUUSD M30 | Bullish bounce off support Type Bullish bouncePreference:The price is falling towards the pivot at 3,726.95, which is a pullback support that is slightly below the 38.2% Fibonacci retracement. A bounce from this level could lead the price toward t... TitleXAUUSD M30 | Bullish bounce off support Type Bullish bouncePreference:The price is falling towards the pivot at 3,726.95, which is a pullback sup
TitleUSDCHF H4 I | Potential bearish reversal TypeBearish reversalPreference: The price is rising towards the pivot at 0.7986, an overlap resistance that aligns with the 61.8% Fibonacci retracement and is also slightly below the 127.2% Fibonacci extension and the 6... TitleUSDCHF H4 I | Potential bearish reversal TypeBearish reversalPreference: The price is rising towards the pivot at 0.7986, an overlap resistance t

Fundamental Analysis

Oil Higher As OPEC+ Extend Supply Cuts

OPEC ImpactOil prices are pushing higher on Monday following news over the weekend that OPEC+ will extend its current supply cuts deeper into 2024. The current curbs, which total around 2 million...

Eurozone Inflation Remains Stubborn, Impact on the EUR/USD Pair

In today's European session, the EUR/USD pair finds itself teetering near the crucial support level of 1.0800, despite Eurozone inflation data exhibiting resilience beyond market expectations....

Sticky Eurozone Inflation Tests ECB Easing Expectations

EZ CPI Beats ForecastsThe latest set of eurozone inflation data today told a familiar tale. The flash eurozone CPI estimate for February came in at (headline) 2.6% vs 2.5% expected with core also seen...

Weak China Manufacturing Hits Copper Prices

Copper SinkingCopper prices are turning lower once again as we head into the weekend. The current sell-off comes on the back of the latest set of Chinese economic data overnight. The China...

Dollar Boosted By PCE Data

Core PCE RisesThe US Dollar is catching a bid ahead of the weekend following yesterday’s data. The core PCE price index was seen rising to 0.4% from the prior month’s 0.1% reading. Given that the data...

Oil Traders Awaiting Fresh Drivers

Crude Stuck in The MudOil prices continue to stagnate this week with crude futures remaining tightly congested around the 77.64 level. Lack of movement in the US Dollar is one likely reason for the...

Mixed US Data Signals Disappoint USD

In the aftermath of the second US Gross Domestic Product (GDP) reading, the US Dollar (USD) finds itself off its intraday high, grappling with the nuanced implications of the unveiled data. While the...

Dollar Testing Support Following GDP Miss

 Soft Data Weighing on USDThe US Dollar remains muted as we move through into the back end of the week. Yesterday, advance Q1 GDP came in a touch below forecasts at 3.2% vs 3.3% expected. On the back...

Pound Sterling Steadies Amidst US Core PCE Data Anticipation

During Thursday's European trading session, the Pound Sterling displayed a cautious performance against the US Dollar, showing modest declines as market attention remained fixed on the eagerly...