Bitcoin Wave Analysis

USDJPY broke support zone Likely to fall to support level 148.70 USDJPY currency pair recently broke the support zone between the support level 151.00 (which formed the daily Morning Star at the start of February) and the 50% Fibonacci correction of the previous upward impulse from September. The breakout of this support zone accelerated the […]

Key insights from the week that was. Following a tumultuous start to the week for global markets after a disappointing US employment print (see below), the RBA made clear their views on the risks the Australian economy faces. The RBA’s decision to leave the cash rate unchanged at 4.35% was not the focus for markets, […]

FTSE 100 index reversed from support level 8140.00 Likely to rise to resistance level 8300.00 FTSE 100 index recently reversed up from the key support level 8140.00 (which has been reversing the price from the end of April), intersecting with the lower daily Bollinger Band. The upward reversal from the support level 8140.00 completed the […]