Analysis

Education

Crypto

Company News

Partners

Promotions

Glossary

The Swiss National Bank (SNB) is expected to reduce its benchmark interest rate by 25 basis points in its upcoming meeting, marking the third consecutive cut. This decision aligns with Switze...

Swiss National Bank (SNB) Set for Potential Rate Cut

ST: the upside prevails as long as 1.7801 is support

Our pivot point stands at 1.7801.

Our preference

The upside prevails as long as 1.7801 is support.

Alternative scenario

Below 1.7801,...

GBP/CAD may rise to 1.8428 - 1.8611

The Reserve Bank of Australia (RBA) is widely anticipated to keep the cash rate unchanged at 4.35% in its upcoming meeting on Tuesday 24th September. This decision, supported by the majority ...

RBA Expected to Hold Rates Steady Amid Economic Uncertainties

This week began with some key releases from the Eurozone and the UK. The data indicates ongoing challenges for European economies, especially in the manufacturing sectors, and mixed performan...

Weekly Market Analysis for 23rd September 2024

Intraday: the upside prevails.

Pivot

1.1135

Our preference

Long positions above 1.1135 with targets at 1.1180 & 1.1200 in extension.

Alternative scenario

Below 1.1135 look for further d...

EUR/USD may rise 17 - 37 pips

Gold has had quite a rollercoaster journey this year, capturing the attention of traders and investors alike. After hitting another record high after the US Federal Reserve’s recent rate cut,...

Gold’s Spectacular Performance: Record Highs and its Future Potential

(Z4) Intraday: target 42580.00.

Pivot

42265.00

Our preference

Long positions above 42265.00 with targets at 42580.00 & 42780.00 in extension.

Alternative scenario

Below 42265.00 look fo...

Dow Jones (CME) may rise to 42580.00 - 42780.00

(OCT4) intraday: short term rebound towards 2.3700

Our pivot point stands at 2.1200.

Our preference

Short term rebound towards 2.3700.

Alternative scenario

The downside breakout of 2.120...

Natural Gas (NYMEX) may rise to 2.3700 - 2.4600

The Federal Reserve's anticipated Funds Rate announcement on Wednesday 18th September 2024 has been the topic of much conversation among analysts recently. As US inflation eases, the forecast...

The Federal Funds Rate Announcement: How Will it Impact Markets?

Intraday: under pressure.

Pivot

1.3190

Our preference

Short positions below 1.3190 with targets at 1.3130 & 1.3110 in extension.

Alternative scenario

Above 1.3190 look for further upsid...

GBP/USD may fall 26 - 46 pips

This week is set to bring a wave of significant economic events and data releases, creating ample trading opportunities for both intraday and swing traders. While Monday lacks major economic ...

Weekly Market Analysis for 16th September 2024

The European Central Bank (ECB) has taken a definitive step by cutting its key interest rates to 3.5%. This move comes amidst a backdrop of cooling inflation and declining economic growth for...

ECB Cuts Interest Rates by 25 bp to 3.5%

This week is shaping up to be a significant one for traders, with a series of key economic events and data releases that could trigger market volatility. Intraday and swing traders should be ...

Weekly market analysis 9th September 2024

Intraday: the upside prevails.

Pivot

1.3530

Our preference

Long positions above 1.3530 with targets at 1.3580 & 1.3600 in extension.

Alternative scenario

Below 1.3530 look for further d...

USD/CAD may rise 19 - 39 pips

Intraday: key resistance at 18710.00.

Pivot

18710.00

Our preference

Short positions below 18710.00 with targets at 18525.00 & 18460.00 in extension.

Alternative scenario

Above 18710.00 ...

Dax may fall to 18460.00 - 18525.00

Intraday: towards 141.70.

Pivot

144.40

Our preference

Short positions below 144.40 with targets at 142.40 & 141.70 in extension.

Alternative scenario

Above 144.40 look for further upsid...

USD/JPY may fall 82 - 152 pips

(V4) ST: watch 64.00.

Pivot

77.50

Our preference

Short positions below 77.50 with targets at 67.60 & 64.00 in extension.

Alternative scenario

Above 77.50 look for further upside with 80...

Crude Oil (WTI) may fall to 64.00 - 67.60

Intraday: the bias remains bullish.

Pivot

0.9410

Our preference

Long positions above 0.9410 with targets at 0.9445 & 0.9460 in extension.

Alternative scenario

Below 0.9410 look for furt...

EUR/CHF may rise 22 - 37 pips

This week promises to be eventful for traders, with several critical economic data releases and events expected to create market volatility. As the US markets are closed today due to a holida...

Weekly Analysis 2nd September 2024

ST: the bias remains bullish.

Pivot

1.0880

Our preference

Long positions above 1.0880 with targets at 1.1275 & 1.1380 in extension.

Alternative scenario

Below 1.0880 look for further do...