Technical analysis covering forex pairs, indices and commodities.
A chart describes where price has been and the levels the market is currently focused on, including support, resistance and trend. It does not, on its own, explain why a move is occurring, and the analysis here is presented with that limitation in mind.
Coverage examines key price levels and setups across multiple markets, the indicators most relevant to interpreting them, and the distinction between patterns that carry information and those that do not. Analysis references specific price levels rather than general commentary.
Technical analysis is presented within its wider context. A level holding or breaking can carry a different meaning depending on the data release or central bank meeting surrounding it, and the strongest analysis combines the chart with the relevant macroeconomic and regulatory backdrop.
Content consists of analysis, scenarios, and the levels that would confirm or invalidate them. It does not contain trade signals, directional calls or financial advice.
Trading on leverage carries a high risk of rapid loss. The material is intended to support a trader's own market analysis.
For the macro backdrop behind a setup, see our economy coverage and the economic calendar.
Risk warning: Technical analysis does not guarantee profits. Trading based on chart patterns carries significant risk of loss.