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Forex

Daily Market Outlook, April 12, 2023
Daily Market Outlook, April 12, 2023

Daily Market Outlook, April 12, 2023Markets Marking Time Ahead of CPI & FOMC Minutes ComboAsian equities produced another subdued session taking their lead from lacklustre trading on Wall Street...

USDCAD H4 | Bullish momentum
USDCAD H4 | Bullish momentum

TitleUSDCAD H4 | Bullish momentumTypeBullish BreakoutPreference:Price has stalled around the 61.8% Fibonacci retracement and is approaching our pivot level of 1.3462, we could see momentum carry price...

Market Spotlight: Australia/China Relations Improving As Barley Dispute Ends
Market Spotlight: Australia/China Relations Improving As Barley Dispute Ends

Barley Dispute EndsIn a welcome sign that trade relations between China and Australia are improving, the two countries have this week reached an agreement to end the current trade restrictions around...

USDJPY H4 | Potential reversal from 50% Fibo
USDJPY H4 | Potential reversal from 50% Fibo

TitleUSDJPY H4 | Potential reversal from 50% FiboTypeBearish ReversalPreference:Price has just reversed from our pivot pint at 133.819 which is an overlap resistance along with a 50% Fibonacci...

AUDUSD H4 | Resistance overhead
AUDUSD H4 | Resistance overhead

TitleAUDUSD H4 | Resistance overheadTypeBearish ReversalPreference:Price is approaching our pivot level of 0.66942 and potentially reverse from here, we could see momentum carry price down to its 1st...

NZDUSD H4 | Running into resistance
NZDUSD H4 | Running into resistance

TitleNZDUSD H4 | Running into resistanceTypeBearish ReversalPreference:Price is approaching our pivot level of 0.62385 and potentially reverse from here, we could see momentum carry price down to its...

GBPUSD H4 | Bounce off from resistance
GBPUSD H4 | Bounce off from resistance

TitleGBPUSD H4 | Bounce off from resistanceTypeBearish BreakoutPreference:The price is currently at our pivot level at 1.24158, which is an overlap resistance level and line up with a 38.2% Fibonacci...

Daily Market Outlook, April 11, 2023
Daily Market Outlook, April 11, 2023

Daily Market Outlook, April 11, 2023Markets Return From Holidays With A Relatively Upbeat Start, Bitcoin Above 30kAsian equities traded with an upbeat tone to start the holiday shortened trading week,...

Market Spotlight: Is USD On The Brink Of Big Drop?
Market Spotlight: Is USD On The Brink Of Big Drop?

Tide Turns For USDFollowing a strong start to the week yesterday, the US Dollar is seen surrendering gains on Tuesday as traders begin looking beyond Friday’s Jobs data towards the US CPI release due...