Loading...

Forex

GBPUSD H4 I Bearish Drop from 61.8%
GBPUSD H4 I Bearish Drop from 61.8%

TitleGBPUSD H4 I Bearish Drop from 61.8%TypeBearish ReversalPreference:Price is rising toward the pivot point of 1.2688, a pullback resistance close to the 61.8% Fibonacci retracement level. A...

Daily Market Outlook, April 4, 2024
Daily Market Outlook, April 4, 2024

Daily Market Outlook, April 4, 2024Munnelly’s Macro Minute…“Powell Rate Rhetoric Sinks Dollar, Risk Sentiment Rises”Asian stock markets are mostly trading higher on Thursday, following the positive...

Potential Bearish Breakout
Potential Bearish Breakout

TitlePotential Bearish BreakoutTypeBearish BreakoutPreference:Price is falling towards the pivot point of 1.35117 which is a potential breakout level and could drop lower from here; we could see...

USD Retreats as Weak US Services PMI Turns Tables for EUR and GBP
USD Retreats as Weak US Services PMI Turns Tables for EUR and GBP

EUR/USD is staging a rebound, reclaiming ground above 1.0850 on Thursday, buoyed by the release of lower-than-anticipated ISM Services PMI figures from the US.The decline in Prices Paid, dropping from...

Potential Bullish Breakout
Potential Bullish Breakout

TitlePotential Bullish BreakoutTypeBullish BreakoutPreference:Price is rising towards the pivot point of 0.65186 which is a potential breakout level and could climb higher from here; we could see...

Dollar Holds At Highs Ahead of Powell
Dollar Holds At Highs Ahead of Powell

USD Rally PausesTraders are keenly awaiting a fresh slew of Fed commentary today, including Fed chairman Powell who is due to speak later. USD has started off the week on a strong footing following...

Potential Bearish Reversal
Potential Bearish Reversal

TitlePotential Bearish ReversalTypeBearish ReversalPreference:Price is rising towards the pivot point of 0.59912 which is a pullback resistance level and could potentially reverse from here; we could...

Eurozone Inflation Dips Below Expectations: EURUSD Market Stays Unmoved
Eurozone Inflation Dips Below Expectations: EURUSD Market Stays Unmoved

Inflation in the Eurozone seems to be taking a breather, according to the latest figures released by Eurostat. The Harmonized Index of Consumer Prices (HICP) for March revealed a 2.4% rise...

Daily Market Outlook, April 3, 2024
Daily Market Outlook, April 3, 2024

Daily Market Outlook, April 3, 2024Munnelly’s Macro Minute…“Powell Comments The Macro Catalyst Of The Day ”On Wednesday, Asian stock markets are experiencing widespread losses, influenced by the...