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Forex

AUDCHF Rallying As Retail Sells
AUDCHF Rallying As Retail Sells

Retail Heavily Short AUDCHFAUDCHF is a strong candidate for long opportunities. The pair has rallied firmly off the recent lows, breaking out above key resistance levels. Meanwhile, the retail market...

AUDUSD H4 | Reverse from a key resistance
AUDUSD H4 | Reverse from a key resistance

TitleAUDUSD H4 | Reverse from a key resistanceTypeBearish ReversalPreference:Price has just reversed from our pivot point at 0.67172 which is a pullback resistance that lines up with 61.8% Fibonacci...

Aussie Rallies on Surprise RBA Rate Hike
Aussie Rallies on Surprise RBA Rate Hike

Aussie Rates At Highest Level Since 2012The Aussie is soaring today on the back of the RBA unexpectedly announcing a fresh rate hike at its May meeting overnight. The bank hiked rates from 3.6% to...

USDJPY H4 | React off resistance level
USDJPY H4 | React off resistance level

TitleUSDJPY H4 | React off resistance levelTypeBearish Reversal Preference:Price is currently at our pivot point at135.658 which is a pullback resistance level that lines up with 78.6% Fibonacci...

Daily Market Outlook, April 28, 2023
Daily Market Outlook, April 28, 2023

Daily Market Outlook, April 28, 2023Wall Street surged overnight as tech earnings continue to support risk sentiment, Asian equities duly followed suit as markets remain bid buoyed by the latest...

Follow The Flow: EURJPY Breaking Out
Follow The Flow: EURJPY Breaking Out

EURJPY Longs in FocusEURJPY is looking good for longs today with the retail market heavily short against the current breakout. The rally in risk assets over the last 24 hours has fuelled a sharp...

Follow The Flow: USDCAD Breakout Risks
Follow The Flow: USDCAD Breakout Risks

 Upside Risks for USDUSDCAD looks interesting to the topside today. The pair has been on a steady move higher over recent days while the retail market has built up a heavy 85% short position. The big...

EURUSD H4 | React off resistance level
EURUSD H4 | React off resistance level

TitleEURUSD H4 | React off resistance levelTypeBearish Reversal Preference:Price is nearing our pivot at 1.10758 which is multi swing high resistance, If price were to reverse from here, it could drop...

Market Movers: Big USD Risks Around Today's US GDP
Market Movers: Big USD Risks Around Today's US GDP

Adv GDP Up NextThe big focus for traders today will be the release of advance quarterly GDP data in the US. Estimates peg the initial GDP reading for Q1 at 2%, down from 2.6% the prior quarter, which...