Mixed Signals: GBPUSD Bear Flag with Hidden Bullish Divergence
GBP/USD is currently moving within a rising parallel channel on the weekly timeframe. This consolidation comes after a substantial downswing from 2021...
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Bitcoin Flushout: Drop Before Further Run to Upside
On Monday and Tuesday, Bitcoin dropped significantly by approximately 7%, resulting in a liquidation of over $1.6 Billion across crypto exchanges. This...
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RBA Holds Rates Steady at 4.35%, Signals Easing Inflation Pressures
The Reserve Bank of Australia's (RBA) decision to keep rates steady at 4.35% and its slightly dovish tone suggest that while inflation...
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USD/JPY Slides on BoJ Hawkish Hints; EUR/JPY Signals a Clear Bearish Break
The USD/JPY pair is slightly lower this morning as dovish Bank of Japan (BoJ) policymaker Toyoaki Nakamura hinted he’s not entirely opposed...
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Falling Wedge: Gold (XAU/USD) Technical Analysis for December 2024
Gold is potentially in a downtrend after a massive daily rejection from the $2720 zone. This impulsive rejection marks the possibility of...
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USD/CNH Poised for Breakout: Will resistance Hold or Give Way?
The USD/CNH pair is drawing significant attention as it edges closer to a crucial resistance level of 7.31142—the highest level seen since July....
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BOJ Rate Hike: JXY May Regain Strength as JPY Pairs Move Lower
The Bank of Japan could stir the markets by introducing rate hikes this December, potentially awakening the long-dormant "sleeping giant" (Japanese Yen)...
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Global M2 Supply Chart Signals a Drop to $70,000 on Bitcoin
Over the past five days, Bitcoin has finally seen a much-needed correction after an impulsive run from approximately $66,800 to $99,690 –...
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EUR/JPY in the Spotlight: Is a Slide to 151 on the Cards?
The EUR/JPY pair continues to show weakness, reflecting a supportive shift in Japan’s fiscal and monetary policy mix. This chart illustrates the...
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Can S&P 500 Continue Higher in its Broadening Wedge Pattern?
The S&P 500 has recently seen a significant surge due to Nvidia’s better-than-expected earnings report, surprising the markets and pushing the index...
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Bitcoin Greed Index 90: Correction Risks Grow with New Patterns
Bitcoin formed a new All-Time High at $93,905.51 on November 19th, 2024 – narrowly missing $94,000 but closing above the 1.238 Fibonacci...
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EUR/USD: Navigating the Bearish Tide Under ECB Hawks and Rate Differentials
EUR/USD is attempting a brief correction amidst mixed signals from both fundamental and technical perspectives. Recent comments from ECB officials, alongside shifting...
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