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Forex

GBPJPY H4 | Overlap Support at 23.6% Fibonacci Retracement
GBPJPY H4 | Overlap Support at 23.6% Fibonacci Retracement

TitleGBPJPY H4 | Overlap Support at 23.6% Fibonacci RetracementTypeBullish BouncePreference:Price is falling towards the pivot point of 189.19 which is an overlap support that aligns with the 23.6%...

Will Fed/BOJ Divergence Drive Fresh USDJPY Selling?
Will Fed/BOJ Divergence Drive Fresh USDJPY Selling?

JPY Back On WatchThe Japanese Yen has fallen out of the spotlight in recent weeks following the seismic shift we saw in JPY FX rates across the start of August. JPY strengthened sharply on the back of...

USD Softens Amid Fed Uncertainty, GBP Extends Gains
USD Softens Amid Fed Uncertainty, GBP Extends Gains

The US dollar (USD) is showing signs of softness, attempting to hold on to the gains achieved after Thursday’s economic data release and comments from key Federal Reserve officials. However, the...

EURUSD H1 | Bearish reversal
EURUSD H1 | Bearish reversal

TitleEURUSD H1 | Bearish reversalTypeBearish ReversalPreference:Price is rising toward the pivot of 1.1129, a pullback resistance close to 50% Fibo retracement. A reverse from this level could lead...

AUDUSD H4 | Bearish Drop
AUDUSD H4 | Bearish Drop

TitleAUDUSD H4 | Bearish DropTypeBearish DropPreference:The price is currently at the pivot of 0.6711, which is a pullback resistance. A drop from this level could lead the price to fall to 1st...

Daily Market Outlook, August 23, 2024
Daily Market Outlook, August 23, 2024

Daily Market Outlook, August 23, 2024 Munnelly’s Macro Minute…"Investors Pare Risk Ahead Of Pivotal Powell Speech”The Asian stock markets are primarily trading lower on Friday, consistent with...

EURGBP H4 | Bearish reversal
EURGBP H4 | Bearish reversal

TitleEURGBP H4 | Bearish reversalTypeBearish ReversalPreference:Price is rising toward the pivot of 0.8507. a pullback resistance. A reverse from this level could lead the price to fall to 1st support...

Pound Soars on Strong PMI Readings
Pound Soars on Strong PMI Readings

Better UK Data… AgainThe British Pound continues to storm higher against the Dollar this week. Against a backdrop of elevated Fed easing expectations, further positive UK data is casting uncertainty...

USDCHF H1 | Bullish Rise
USDCHF H1 | Bullish Rise

TitleUSDCHF H1 | Bullish RiseTypeBullish RisePreference:Price is currently at the pivot of 0.8517, a bounce from this level could lead the price to rise to 1st resistance at 0.8557, a multi-swing high...