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Forex

USDCHF H4 | Bearish Drop
USDCHF H4 | Bearish Drop

TitleUSDCHF H4 | Bearish DropTypeBearish DropPreference:Price is currently at the pivot point of 0.8976, an overlap resistance. A drop from this level could lead the price to fall to 1st support at...

Daily Market Outlook, June 12, 2024
Daily Market Outlook, June 12, 2024

Daily Market Outlook, June 12, 2024Munnelly’s Macro Minute…“A Potentially Wild Wednesday WIth US Inflation & FOMC On Deck ”During the Asian session, China experienced a 0.1% decrease in its...

USDCAD H4 | Bullish Bounce
USDCAD H4 | Bullish Bounce

TitleUSDCAD H4 | Bullish BounceTypeBullish BouncePreference:Price is falling toward the pivot point of 1.3724, a pullback support close to 38.2% Fibo retracement. A bounce from this level could lead...

EUR/USD Surges Above 1.0800 Amid Softer US Inflation Data
EUR/USD Surges Above 1.0800 Amid Softer US Inflation Data

The EUR/USD pair broke through the key 1.0800 level during Wednesday’s New York session, spurred by unexpectedly mild US inflation figures for May. The latest Consumer Price Index report indicated...

USDCAD H4 | Potential Bullish Bounce
USDCAD H4 | Potential Bullish Bounce

TitleUSDCAD H4 | Potential Bullish BounceTypeBullish BouncePreference:Price could fall towards the pivot point of 1.3755 which is an overlap support level and potentially reverse from here; we could...

NZDUSD H4 | Falling to Swing-low Support
NZDUSD H4 | Falling to Swing-low Support

TitleNZDUSD H4 | Falling to Swing-low SupportTypeBullish BouncePreference:Price is falling towards the pivot point of 0.6098 which is a swing-low support that aligns with the 50.0% Fibonacci...

Daily Market Outlook, June 11, 2024
Daily Market Outlook, June 11, 2024

Daily Market Outlook, June 11, 2024Munnelly’s Macro Minute…“Markets Consolidate Ahead Of Wednesday's Data Double Header ”Asian markets are carefully assessing the impact of right-wing...

GBPUSD H4 | Bearish Reversal
GBPUSD H4 | Bearish Reversal

TitleGBPUSD H4 | Bearish ReversalTypeBearish ReversalPreference: Price is rising toward the pivot of 1.2760, a pullback resistance close to the 61.8% Fibo retracement, A fall from this level could...

EURUSD H4 | Falling from 38.2?
EURUSD H4 | Falling from 38.2?

TitleEURUSD H4 | Falling from 38.2?TypeBearish ReversalPreference:Price is rising toward the pivot of 1.0794, a pullback resistance close to the 38.2% Fibo retracement, A fall from this level could...