Blogs

GBP/USD Potential Upward Movement

Forex

<p>GBP/USD Long-Term Trend: Bullish Key Resistance Levels: 1.26895, 1.27384, 1.27858 Key Support Levels: 1.26386, 1.26106, 1.25499 Daily Chart: The price on the higher time frame has recently started the bullish momentum after bouncing off the support level of 1.20903 The pair has continued to break a few resistance levels which suggests furt

BOJ meeting and EURJPY to Fall Below 150?

Forex

<div><img width="750" height="430" src="https://assets.iorbex.com/blog/wp-content/uploads/2023/12/18131047/BOJ-meeting-and-EURJPY-to-Fall-Below-150.png" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="BOJ-meeting-and-EURJPY-to-Fall-Below-150" decoding="async&qu

Intraday Analysis – EUR seeks follow-up

Forex

<div><img width="750" height="430" src="https://assets.iorbex.com/blog/wp-content/uploads/2023/12/18085739/EUR-seeks-follow-up.png" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="EUR-seeks-follow-up" decoding="async" loading="lazy" srcset="

Potential bearish reaction off pullback resistance

Forex

TitlePotential bearish reaction off pullback resistanceTypeBearish ReversalPreference:Price is rising towards the pivot point of 77.855 which is a pullback resistance that aligns close to the 23.6% Fibonacci retracement level and could potentially reverse from here; we could see momentum carry price down to its 1st support at 72.067 which is a mult

Silver Analysis: Potential Price Drop Ahead

Forex

Silver is heading down. The price of silver underwent a correction, approached the broken downtrend, and formed a bearish engulfing. Since the breakout of the downtrend was false, the asset’s price might potentially dive even deeper and gain the required support in the zone formed between levels 22.00 and 22.30. So, let’s observes what is […

GBPUSD D1 | Resistance overhead

Forex

TitleGBPUSD D1 | Resistance overheadTypeBearish ReversalPreference:Price is rising towards the pivot point of 1.27953 which is an overlap resistance level and could potentially reverse from here; we could see momentum carry price down to its 1st support at 1.25013 which is an overlap support that aligns with the 38.2% Fibonacci retracement level.Al

Daily Market Outlook, December 18, 2023

Forex

Daily Market Outlook, December 18, 2023Munnelly’s Market Minute… Last week, a notable theme in the markets was a divergence in messaging from the Federal Reserve (Fed), Bank of England (BoE), and European Central Bank (ECB). The Fed adopted a somewhat dovish tone and did not resist market expectations for significant rate cuts in 2024. In contrast,

Bitcoin Selling Continues Ahead of Year End

Forex

Correction Lower ContinuesBitcoin bulls are starting the final full trading week of the year with a sense of caution today as BTC futures continue to trade lower. The move, which appears linked to profit taking ahead of year-end, has seen the market turning back down towards the December lows around 40435. However, another reason for […]

Page 1209 of 9786