TitleEURUSD H1 | Bearish reversalTypeBearish ReversalPreference:Waiting for price to pullback to the pivot point at 1.0939 which is an overlap resistance level. A reverse from this level it could fall to to 1st support at 1.0892, a swing low support levelAlternative scenario:If price breaks above the pivot, it might rise to 1st resistance at 1.0961
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Potential Bullish Reversal
TitlePotential Bullish ReversalTypeBullish bouncePreference:Price is falling towards the pivot point of 0.66138 which is a pullback support level and could potentially reverse from here; we could see momentum carry price up to its 1st resistance at 0.66551 which is a pullback resistance level.Alternative scenario:If price breaks below the pivot poi
What Next For Bitcoin?
Post-SEC Slump ContinuesBitcoin bulls are currently battling against a case of ‘buy the rumour, sell the news’ on the back of the recent SEC spot-bitcoin ETC approval. Since news of the approvals came through, Bitcoin futures have fallen around 15%, putting the market down around 8% from the 2024 opening price. In all, the combined […]
Potential Bullish Bounce
TitlePotential Bullish BounceTypeBullish BouncePreference:Price is falling towards the pivot point of 77.303 which is a pullback support level and could potentially reverse from here; we could see momentum carry price up to its 1st resistance at 79.662 which is a pullback resistance that aligns close to the 78.6% Fibonacci retracement level.Alterna
Daily Trade Setups CADJPY Silver & Microsoft
Daily Trade Setups In this update, we review the recent price action in CADJPY XAGUSD & Microsoft and identify the next high-probability trading opportunities and price objectives to target.To view today's actionable analysis click here…
Daily Market Outlook, January 16, 2024
Daily Market Outlook, January 16, 2024Munnelly’s Market Minute…“UK Wage Dip May Provide Cover For BoE”Asian stocks faced pressure in the absence of guidance from Wall Street, coupled with rising yields. The Nikkei 225 slipped below the 36k handle due to slightly higher yields and stronger-than-expected PPI data. Hang Seng and Shanghai Comp followed
Technical Analysis & Forecast January 16, 2024
<div><img width="360" height="360" src="https://blog.roboforex.com/wp-content/uploads/2023/06/TA_14-360×360.jpg" class="attachment-thumbnail size-thumbnail wp-post-image" alt="Technical Analysis & Forecast" style="margin-bottom: 15px;" decoding="async" loadi
GBP Faces Decline: Overview for January 16, 2024
<div><img width="360" height="360" src="https://blog.roboforex.com/wp-content/uploads/2023/06/GBPUSD_8-Copy-360×360.jpg" class="attachment-thumbnail size-thumbnail wp-post-image" alt="GBP/USD analysis today" style="margin-bottom: 15px;" decoding="async" loading=&quo
AUD Struggles, Hits Four-Week Low: Overview for January 16, 2024
<div><img width="360" height="360" src="https://blog.roboforex.com/wp-content/uploads/2023/06/AUDUSD_6-360×360.jpg" class="attachment-thumbnail size-thumbnail wp-post-image" alt="AUD/USD analysis today" style="margin-bottom: 15px;" decoding="async" loading="laz
USD/JPY Price Challenges 146.5 as Risk Remains Sour
<div><img width="838" height="554" src="https://www.forexcrunch.com/wp-content/uploads/2022/11/Screenshot_2.jpg" class="type:primaryImage wp-post-image" alt="my USD/JPY price analysis outlook forecast" style="margin-bottom: 15px;" decoding="async" fetchpriority="hig