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Forex

Daily Market Outlook, April 04, 2023

Daily Market Outlook, April 04, 2023RBA Tap The Breaks On Rate RisesAsian equity markets traded with a mixed tone, with some centres carving out modest gains, the upside was capped given the the...

Daily Market Outlook, April 03, 2023

Daily Market Outlook, April 03, 2023Opec+ Oil Shock As The Cartel Cuts 1.6Mln Barrels Of Supply, Oil Surges 8%Asia equity markets start the holiday shortened trading week with modest gains as...

DXY H4 | Fibo confluence

TitleDXY H4 | Fibo confluenceTypeBearish ReversalPreference:Price is approaching our pivot at 102.7001, which has 3 fibo confluences: a 78.6% Fibonacci retracement, a 127.20% Fibonacci extension, and...

EURUSD H4 | Potential bullish reversal

TitleEURUSD H4 | Potential bullish reversalTypeBullish BouncePreference:Price has bounced off our pivot at 1.07902, which has a fibo confluence of a 38.2% fibo retracement and 61.8% Fibo projection....

OPEC+ Production Cut and its Impact on Oil Prices

Over the weekend, some members of the oil alliance OPEC+ announced that they'll be producing less oil in the second half of 2023. This shocking news came before a joint ministerial meeting that...

USDJPY, H4 | Potential bearish reversal

TitleUSDJPY, H4 | Potential bearish reversalTypeBearish ReversalPreference:Price has bounced off our pivot level of 133.744 and potentially reverse from here, we could see momentum carry price down to...

GBPUSD H4 | Potential bearish reversal

TitleGBPUSD H4 | Potential bearish reversalTypeBearish ReversalPreference:Price has bounced off from our Pivot at 1.23955 which is a swing high resistance. if price were to reverse it could drop down...

Daily Market Outlook, March 31, 2023

Daily Market Outlook, March 31, 2023Month & Quarter End Flows Retain A Bid Tone, Could PCE Data Be A Party Pooper?Asia equity markets were mostly trading in the green as investors marked up month...

USDCAD, H4 | Potential bullish reversal

TitleUSDCAD, H4 | Potential bullish reversalTypeBullish BouncePreference:Price is approaching our pivot level of 1.34949 and potentially reverse from here, we could see momentum carry price up to its...