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Forex

USDCHF H4 | Bearish reversal in play
USDCHF H4 | Bearish reversal in play

Title:USDCHF H4 | Bearish reversal in playType:Bearish reversalPreference:The price has rejected off the pivot at 0.8146, an overlap resistance. A drop from this level could lead the price toward the...

Dollar Drops On ADP Miss & Dovish Fed Comments
Dollar Drops On ADP Miss & Dovish Fed Comments

Dovish CommentsThe US Dollar has come under pressure today on the back of dovish comments from Fed’s Williams last night. The New York Fed president said that he felt there was less pressure on the...

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...

USDCHF H4  | Bearish reversal at strong resistance
USDCHF H4  | Bearish reversal at strong resistance

Title:USDCHF H4  | Bearish reversal at strong resistanceType:Bearish reversalPreference: The price is rising toward the pivot at 0.8132, which is an overlap resistance. A reversal from this level...

Kiwi Plunges Despite Fresh RBNZ Rate Hike
Kiwi Plunges Despite Fresh RBNZ Rate Hike

NZD Heavily SoldThe New Zealand Dollar is in freefall today, despite the RBNZ hiking rates again overnight. The central bank raised rates from 2.5% to 2.75% as expected. However, traders appear to...

Hawkish Fed Expectations Drive USD Higher Ahead of Jobs Data
Hawkish Fed Expectations Drive USD Higher Ahead of Jobs Data

Jackson Hole Rally ContinuesThe US Dollar is continuing to push higher today as the fallout from Warsh’s hawkish Jackson Hole speech on Friday continues. Warsh took a firmly hawkish tone at the event...

USDJPY H4 | Bearish reversal at Fib resistance
USDJPY H4 | Bearish reversal at Fib resistance

Title:USDJPY H4 | Bearish reversal at Fib resistanceType:Bearish reversalPreference:The price is rising toward the pivot at 160.96, a pullback resistance that aligns with the 61.8% Fibonacci...

NZDUSD H4 | Bullish bounce setup
NZDUSD H4 | Bullish bounce setup

Title:NZDUSD H4 | Bullish bounce setupType:Bullish bouncePreference:The price is falling towards the pivot at 0.5867, an overlap support. A bounce at this level could lead the price toward the 1st...

USDCHF H4 | Bullish momentum building
USDCHF H4 | Bullish momentum building

Title:USDCHF H4 | Bullish momentum buildingType:Bullish bouncePreference:The price is falling towards the pivot at 0.8065, a pullback support. A bounce at this level could lead the price toward the...