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Forex

Dissecting the Markets: USD Searches for Solid Support as Traders Lock in Gains Ahead of Thanksgiving
Dissecting the Markets: USD Searches for Solid Support as Traders Lock in Gains Ahead of Thanksgiving

The US Dollar edged lower against most major currencies today, with the DXY index slipping towards the 106 threshold. Market participants are digesting signals from the Federal Reserve, particularly...

Daily Market Outlook, November 27, 2024
Daily Market Outlook, November 27, 2024

Daily Market Outlook, November 27, 2024 Munnelly’s Macro Minute..."Markets Await Pre-Holiday Data Dump Stateside”Asian stock markets displayed a mixed performance on Wednesday, mirroring the...

FX Options Insights 26/11/24
FX Options Insights 26/11/24

FX Options Insights 26/11/24 Large option expirations may push the EUR/USD exchange rate to 1.0500. The most associated cash hedging flows are drawn to FX option strikes that are about to expire....

Dissecting the Markets: EURUSD's 1.05 Support Weakens on Fresh Tariff Threats
Dissecting the Markets: EURUSD's 1.05 Support Weakens on Fresh Tariff Threats

The US Dollar has reasserted its dominance on Tuesday, propelled by heightened geopolitical anxieties. President-elect Donald Trump's recent declaration to escalate tariffs against Mexico,...

Daily Market Outlook, November 26, 2024
Daily Market Outlook, November 26, 2024

Daily Market Outlook, November 26, 2024 Munnelly’s Macro Minute..."Bessant Bump, Trumped!”The dollar saw a late-day bid in US trade after the announcement by President-elect Trump that tariffs...

GBPUSD H4 | Potential Bearish Reversal
GBPUSD H4 | Potential Bearish Reversal

TitleGBPUSD H4 | Potential Bearish ReversalTypeBearish ReversalPreference:The price is approaching the pivot level of 1.2629, a pullback resistance close to 61.8% Fibonacci retracement. A reversal at...

EURUSD Bouncing on Month-End Flows
EURUSD Bouncing on Month-End Flows

EUR Rallying into Month EndEURUSD is today attempting to get back above the 1.0503 level, which could help build the platform for a further rebound, if seen. USD has come under heavy selling pressure...

USDCHF H4 | Bullish Rise
USDCHF H4 | Bullish Rise

TitleUSDCHF H4 | Bullish RiseTypeBullish BouncePreference:The price is approaching the pivot level of 0.8856, an overlap support close to 61.8% Fibonacci retracement. A bounce at this level could...

EURUSD H4 | Bearish Reversal
EURUSD H4 | Bearish Reversal

TitleEURUSD H4 | Bearish ReversalTypeBearish ReversalPreference:The price is approaching the pivot level of 1.0519, a pullback resistance close to 61.8% Fibonacci retracement. A reversal at this level...