Loading...

Forex

GBPNZD H4 | Reversal of 50% Fibo resistance
GBPNZD H4 | Reversal of 50% Fibo resistance

TitleGBPNZD H4 | Reversal of 50% Fibo resistanceTypeBearish ReversalPreference:Price is trading close to the pivot point of 2.0418 which is a pullback resistance that aligns with the 50.0% Fibonacci...

EURUSD H4 | Bearish reversal off pullback resistance
EURUSD H4 | Bearish reversal off pullback resistance

TitleEURUSD H4 | Bearish reversal off pullback resistanceTypeBearish DropPreference:Price has reversed from a pullback resistance and we could see momentum carry price down to its 1st support at...

Market Sentiment Shifts as Fed's Rate Policy Faces Disinflationary Pressure
Market Sentiment Shifts as Fed's Rate Policy Faces Disinflationary Pressure

On Wednesday, markets saw growing speculation that the Federal Reserve won't be able to sustain high interest rates for an extended period. This is due to the recent surge in Treasury bond...

Markets React to the Middle East Crisis: The Dollar's Dive, Bond Yields, and Gold Stability
Markets React to the Middle East Crisis: The Dollar's Dive, Bond Yields, and Gold Stability

The wave of risk aversion on Monday, following the tragic events in Israel, is gradually fading away. There appears to be a growing market consensus that the conflict will remain local, and...

GBPJPY H4 | Bearish reversal off pivot?
GBPJPY H4 | Bearish reversal off pivot?

TitleGBPJPY H4 | Bearish reversal off pivot?TypeBearish ReversalPreference:Price is rising towards our pivot point at 182.92, which is a multi-swing high resistance level. If price rejects our pivot...

Daily Market Outlook, October 10, 2023
Daily Market Outlook, October 10, 2023

Daily Market Outlook, October 10, 2023Munnelly’s Market Commentary… Asian equity markets opened the week on a mostly positive note as markets returned from the long weekend. This positive sentiment...

USDCAD H4 | Rising into resistance
USDCAD H4 | Rising into resistance

TitleUSDCAD H4 | Rising into resistanceTypeBearish ReversalPreference:Price is rising towards the pivot point of 1.36122 which is an overlap resistance that aligns with the 23.6% Fibonacci retracement...

USDJPY H4 | Yen to strengthen further?
USDJPY H4 | Yen to strengthen further?

TitleUSDJPY H4 | Yen to strengthen further?TypeBearish ReversalPreference:Price could rise towards the pivot point of 149.427 which is a pullback resistance and potentially reverse from here; we could...

EURGBP H4 | Falling to 38.2% Fibo support
EURGBP H4 | Falling to 38.2% Fibo support

TitleEURGBP H4 | Falling to 38.2% Fibo supportTypeBullish BouncePreference:Price is falling towards the pivot point of 0.86333 which is an overlap support that aligns with the 38.2% Fibonacci...