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Forex

EURUSD H4 | Potential bearish reversal

TitleEURUSD H4 | Potential bearish reversalTypeBearish ReversalPreference:Price rises toward the pivot point of 1.0868, an overlap resistance close to 50% Fibo retracement. A reverse from this level...

The US Dollar Braces for Volatility Amid Central Bank Rate Decisions

As the US Dollar Index (DXY) rests at a tranquil juncture, market participants brace themselves for an impending storm of volatility set to be unleashed by a series of pivotal central bank rate...

Daily Market Outlook, March 19, 2024

Daily Market Outlook, March 19, 2024Munnelly’s Macro Minute…“BoJ Makes Their Move, JPY Buy The Rumour Sell The Fact”Despite positive cues from Wall Street overnight, Asian stock markets are...

Strong Bearish Momentum

TitleStrong Bearish MomentumTypeBearish BreakoutPreference:Price could fall towards the pivot point of 0.60614 which is a potential breakout level and could drop lower from here; we could see momentum...

Gold Price Dips as Dollar Strengthens Amid Fed Uncertainty

In Tuesday's European trading session, the price of gold faced downward pressure, slipping to $2,150. The primary driver behind this decline is the robust performance of the US Dollar, which has...

Yen Sinks Despite Historic BOJ Rate Hike

BOJ Hikes RatesThe Japanese Yen is collapsing lower this morning despite the BOJ making the historic move overnight to tighten rates for the first time since 2007. Having lifted rates to between 0%...

USDCHF H4 | Falling from swing high

TitleUSDCHF H4 | Falling from swing highTypeBearish ReversalPreference:Price rises toward the pivot point of 0.8891, a swing-high resistance. A reverse from this level could lead the price to fall to...

EURUSD H4 I Bearish Drop

TitleEURUSD H4 I Bearish DropTypeBearish ReversalPreference:Price rises toward the pivot point of 1.0882, a pullback resistance. A reverse from this level could lead the price to fall to 1st support...

GBPUSD H4 | Potential bearish reversal

TitleGBPUSD H4 | Potential bearish reversalTypeBearish ReversalPreference:Price rises toward the pivot point of 1.2769, a pullback resistance. A reverse from this level could lead the price to fall to...