Oil keeps a modest bounce after OPEC+ decision to rollover existing output policy
WTI crude up nearly 3% on the day to $68.50 at the moment It seems like the old “buy the rumour, sell the fact” play (opposite side this time) is working… Read more »
Tag: Bounce
USD/JPY holds higher on risk bounce but buyers have work to do
USD/JPY up close over 40 pips on the day to 113.55 currently The rebound today comes after buyers staved off a daily close below the 9 November low @ 112.73… Read more »
AUD/USD Forex Signal: Strong Bullish Bounce
The pair remains a key barometer of risk sentiment. Last Tuesday’s AUD/USD signal was not triggered as none of the key support and resistance levels which I had identified were… Read more »
Dead cat bounce for oil?
Oil up 5% on the day after the 13% plunge on Friday Oil prices are back up in trading today as the risk trades are bouncing back after having been… Read more »
EUR/USD: Potential Bullish Bounce | Investing.com
Type: Bullish Bounce Key Levels: Resistance: 1.13807, pivot: 1.11774, and support: 1.10014 Preferred Case: is approaching pivot level at 1.11774 which is in line with 161.8% Fibonacci extension level horizontal swing low… Read more »
USD/JPY: A Bounce Likely | Investing.com
Type: Bearish Breakout.Key Levels: Resistance: 115.522, pivot: 115.249, and support: 114.823. Preferred Case: is in a bullish momentum and abiding to our bullish trendline. We see potential for a bounce from our pivot… Read more »
AUD/NZD bounce helps with the aussie mood so far today
The aussie leads gains in the major currencies space The gains aren’t a lot as major currencies aren’t showing much poise in general but AUD/NZD is perhaps the more interesting… Read more »
CHFJPY to bounce from Harmonic support 122.25/122.00
CHFJPY to bounce from Harmonic support 122.25/122.00 CHF/JPY OANDA:CHFJPY Sofien-Kaabar Approaching the harmonic potential reversal zone at 122.25/122.00 for a bounce to establish to 124.00. The Fibonacci moving average is… Read more »
GBP/USD Bullish Bounce | Investing.com
Type: Bullish Bounce Key Levels: Resistance: 1.35082, pivot: 1.34651, support: 1.34496 Preferred Case: is in a bullish momentum and consolidating in a parallel channel. We see the potential for a bounce from… Read more »
EUR/USD: Expect A Bounce | Investing.com
After 5 strong days down for , there should be some minor profit taking soon for a few days. Today so far is a reversal day. If today closes above… Read more »