Silver rebounded from the downtrend. The asset’s price is now heading south. Currently, the price of silver is forming a flag. Should the silver break this flag, it might eventually test the supporting zone formed between levels 22.00 and 22.30 and located next to the weekly uptrend. Silver is likely to rebound from the crossing […]
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GBPJPY H4 | Bullish Bounce
TitleGBPJPY H4 | Bullish BounceTypeBullish BouncePreference:Waiting for price to pullback at the pivot 184.28 which is a pullback support level. A bounce off from this point could lead the price to fall to 1st support level at 182.24 which is a pullback support levelAlternative scenario:If the price breaks above the pivot, it might rise to [&hellip
Daily Market Outlook, January 11, 2024
Daily Market Outlook, January 11, 2024Munnelly’s Market Minute…“Markets Buoyant Ahead of US CPI Data”Asian stocks followed the upward trend seen in the US despite the absence of significant driving factors, as markets anticipate the release of US CPI data. The Nikkei 225 continued its impressive rally, surpassing 35K for the first time since Februa
EURUSD M15 | Bearish reversal?
TitleEURUSD M15 | Bearish reversal?TypeBearish DropPreference:Price has just reacted off our pivot point of 1.0977, which serves as a multi swing high resistance level. A reversal from this point could lead the price to drop to the 1st support at 1.0938, an overlap support level.Alternative scenario:If the price breaks above the pivot, it might ri
Falling to Pullback Support
TitleFalling to Pullback SupportTypeBullish BouncePreference:Price is falling towards the pivot point of 22.862 which is a pullback support level and could potentially reverse from here; we could see momentum carry price up to its 1st resistance at 23.535 which is an overlap resistance that aligns close to the 50.0% Fibonacci retracement level.Alte
Sideways Trading
TitleSideways TradingTypeBullish BouncePreference:Price is falling towards the pivot point of 0.66809 which is a pullback support level and could potentially reverse from here; we could see momentum carry price up to its 1st resistance at 0.67442 which is a pullback resistance that aligns close to the 50.0% Fibonacci retracement level.Alternative s
GBP in Favorable Position: Overview for January 11, 2024
<div><img width="360" height="360" src="https://blog.roboforex.com/wp-content/uploads/2023/06/GBPUSD_6-360×360.jpg" class="attachment-thumbnail size-thumbnail wp-post-image" alt="GBP/USD analysis today" style="margin-bottom: 15px;" decoding="async" /></div>
AUD Upward Trend Continues: Overview for January 11, 2024
<div><img width="360" height="360" src="https://blog.roboforex.com/wp-content/uploads/2023/06/AUDUSD_5-360×360.jpg" class="attachment-thumbnail size-thumbnail wp-post-image" alt="AUD/USD analysis today" style="margin-bottom: 15px;" decoding="async" loading="laz
Technical Analysis & Forecast January 11, 2024
<div><img width="360" height="360" src="https://blog.roboforex.com/wp-content/uploads/2023/06/TA_11-360×360.jpg" class="attachment-thumbnail size-thumbnail wp-post-image" alt="Technical Analysis & Forecast" style="margin-bottom: 15px;" decoding="async" loadi
EUR/USD Outlook: US Inflation Data to Hint Potential Fed Cut
<div><img width="638" height="390" src="https://www.forexcrunch.com/wp-content/uploads/2022/01/Screenshot_2-14.png" class="type:primaryImage wp-post-image" alt="my EUR/USD price analysis forecast outlook" style="margin-bottom: 15px;" decoding="async" fetchpriority="