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Category: Analyst Picks

Analyst Picks

GBP/USD Under Pressure as US Inflation and Labor Data Comes into Focus

Posted onMarch 9, 2023

GBP/USD remains vulnerable in the wake of Jerome Powell’s admission of potentially faster rate hikes. GBP struggles to find footing ahead of UK budget

Analyst Picks

USD/JPY Rising Wedge Break Potential, 135?

Posted onMarch 6, 2023

USD/JPY upside looks to be fading; however, upcoming key economic data will pave the way forward.

Analyst Picks

German 40 Price Outlook: Bearish Pressure Pushes Dax to Solid Support

Posted onMarch 1, 2023

The German Dax has fallen to critical support after failing to rise above 15,500. Is Dax poised for a breakout?

Analyst Picks

US Dollar Rand Outlook: USD/ZAR Remains Bullish Above 18.00

Posted onFebruary 22, 2023

USD/ZAR has paused at an important zone of support and resistance, holding around 18.200. With prices rising above 18.00, the pair may be on track …

Analyst Picks

Nasdaq 100 Index Eyeing Trendline Break

Posted onFebruary 15, 2023

The Nasdaq 100 has been consolidating this week with a bearish breakout appearing more likely following US data releases. Will we see follow through or …

Analyst Picks

AUD/NZD Forecast: Rising Wedge Breakout Looms for Aussie Kiwi

Posted onFebruary 9, 2023

AUD/NZD looks to be heading for a swift breakout which looks very data dependent.

Analyst Picks

Ethereum (ETH/USD) Eyes a Bullish Breakout

Posted onFebruary 8, 2023

The daily Ethereum chart is flashing some bullish technical signals that may play out shortly.

Analyst Picks

USD/ZAR Outlook: Rand Firms Against the Dollar as EM Currencies Gain

Posted onJanuary 11, 2023

USD/ZAR has continued to trade lower ahead of tomorrow’s US CPI, buoyed by Dollar weakness and rising commodity prices. Technical outlook remains bearish below 17.100.

Analyst Picks

Short GBP/USD as Dollar Repricing Risk Remains, GBP Vulnerable

Posted onJanuary 5, 2023

Cable looks vulnerable to high importance US economic data as we end off the first week of trading in 2023. Dollar at risk of further …

Analyst Picks

USD/CAD Grapples with Support as Bearish Momentum Gains

Posted onJanuary 4, 2023

USD/CAD is currently testing a key zone of support after bulls failed to drive prices above 1.3700. For bearish momentum to gain, a hold below …

Analyst Picks

EUR/USD Technical Setups in Play

Posted onDecember 19, 2022

EUR/USD is at a very interesting level with multiple scenarios which could come to fruition. Technical setups for potential long and short opportunities. Source

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Recent Posts

  • JPMorgan advising First Republic on strategic alternatives, including a capital raise, sources say
  • Stocks making the biggest moves midday: First Republic, UBS, Virgin Orbit, Dell and more
  • Bitcoin briefly tops $28,000 for the first time in 9 months after bank crisis sparks weekend rally
  • Gold Price Forecast: Bullish Momentum Wilts After Fake Breakout. Now What?
  • Wall Street IG Client Sentiment: Our data shows traders are now net-short Wall Street for the first time since Mar 07, 2023 when Wall Street traded near 32,870.10.
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