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Forex

NZDUSD 30m | Potential Bearish Breakout

TitleNZDUSD 30m | Potential Bearish BreakoutTypeBearish BreakoutPreference:Price could fall towards the pivot point of 0.6085 which is a potential breakout level and could drop lower from here; we...

Daily Market Outlook, July 15, 2024

Daily Market Outlook, July 15, 2024Munnelly’s Macro Minute…“Trump Assassination Attempt See’s Bitcoin Bid”.After an attempted assassination, investors became more confident in Donald Trump's...

EURUSD H4 I Bullish Bounce

TitleEURUSD H4 I Bullish BounceTypeBullish BouncePreference:Price is falling toward the pivot of 1.0845, a pullback support close to 23.6% Fibo retracement. A bounce from this level could lead the...

USD's Steep Post-CPI Fall Boosts Odds of a Profit-Taking Move

The US Dollar has been trading in a rather mixed fashion. This indecision stems from a clear rotation happening in the equity markets. With the Fed likely to cut interest rates in September, a...

GBPUSD H4 Bullish bounce

TitleGBPUSD H4 Bullish bounceTypeBullish BouncePreference:Price is falling toward the pivot of 1.2861, a pullback support close to 23.6% Fibo retracement. A bounce from this level could lead the price...

USDCHF H4 I Bearish reversal

TitleUSDCHF H4 I Bearish reversalTypeBearish ReversalPreference:Price is rising toward the pivot of 0.8971, an overlap close to 61.8% Fibo retracement. A reverse from this level could lead the price...

Daily Market Outlook, July 12, 2024

Daily Market Outlook, July 12, 2024Munnelly’s Macro Minute…“Nasdaq Takes A 2% Hit, In Biggest One Day Move Since Jan 2021”Asian tech shares fell on Friday, following Wall Street's decline due to...

USDJPY Collapses On Soft US Inflation

US Inflation Drops AgainThe Japanese Yen was the big winner from yesterday’s weaker-than-forecast US inflation reading for June. USDJPY plunged more than 4.5% on the day (around 430 pips) as US CPI...

USDJPY H4 I Bearish reversal

TitleUSDJPY H4 I Bearish reversalTypeBearish ReversalPreference:Price is rising toward the pivot of 160.30, a pullback resistance. A reverse from this level could lead the price to drop to 1st support...