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Technical Analysis

DAX Weakens On Hawkish ECB Remarks
DAX Weakens On Hawkish ECB Remarks

Hawkish ECB CommentsThe Dax is still sitting down from recent highs as we head towards the middle of the week. Hawkish comments from ECB’s Lagarde yesterday have given investors pause for thought. The...

ECB Warns Higher Rates Needed As Inflation Still Too High
ECB Warns Higher Rates Needed As Inflation Still Too High

Lowe Lifts Off AgainThe RBA caught markets by surprise once again last night as it lifted its headline cash rate by a further .25% from 3.85% to 4.10%. The move marks the second such unexpected hike...

Apple Falls From Fresh All-Time Highs As VR Headset Unveiled
Apple Falls From Fresh All-Time Highs As VR Headset Unveiled

Apple Pulls Back From Fresh HighsShares in Apple are trading lower pre-market following a heavy reversal yesterday. The stock hit fresh all-time highs yesterday before profit taking kicked in and saw...

NZDUSD H4 | Bearish reversal from 38.2% Fibo
NZDUSD H4 | Bearish reversal from 38.2% Fibo

TitleNZDUSD H4 | Bearish reversal from 38.2% FiboTypeBearish ReversalPreference:Price could approach the pivot point of 0.61123 and potentially reverse from here; we could see momentum carry price...

ES1! H4 | Resistance overhead
ES1! H4 | Resistance overhead

TitleES1! H4 | Resistance overheadTypeBearish ReversalPreference:Price could approach the pivot point of 4294.03 and potentially reverse from here; we could see momentum carry price down to its 1st...

BCOUSD H4 | Resistance overhead
BCOUSD H4 | Resistance overhead

TitleBCOUSD H4 | Resistance overheadTypeBearish ReversalPreference:Price could approach the pivot point of 78.403 and potentially reverse from here; we could see momentum carry price down to its 1st...

USDJPY Higher Ahead of US ISM Services
USDJPY Higher Ahead of US ISM Services

ISM Services on WatchToday’s main data focus for the US session will be the release of the ISM Services PMI for last month. As with manufacturing, the recent trend has been lower. However,...

Gold Prices Plunge As USD Rises Following NFP
Gold Prices Plunge As USD Rises Following NFP

US Jobs Jump Last Month Friday’s US labour market numbers certainly made for interesting reading. A bumper NFP result of 339k vs 193k expected would certainly make a strong case for the Fed hiking...

XAUUSD H4 | Bounce off 78.6%
XAUUSD H4 | Bounce off 78.6%

TitleXAUUSD H4 | Bounce off 78.6%TypeBullish BouncePreference:Price is testing our pivot point at 1939.483 which is aligns with a 78.6% Fibonacci retracement. A bounced off from here, piece could...