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Forex

EURUSD H4 | Bullish bounce off 23.6% fibo?
EURUSD H4 | Bullish bounce off 23.6% fibo?

TitleEURUSD H4 | Bullish bounce off 23.6% fibo?TypeBullish BouncePreference:Price could fall to our pivot point at 1.0885, which is a pullback support level, aligning with the 23.6% fibo retracement...

GBPJPY H4 | Bullish bounce off pivot?
GBPJPY H4 | Bullish bounce off pivot?

TitleGBPJPY H4 | Bullish bounce off pivot?TypeBullish BouncePreference:Price is falling to our pivot point at 184.25, which is a pullback support level. If price bounces off the pivot point, then...

Daily Market Outlook, November 21, 2023
Daily Market Outlook, November 21, 2023

Daily Market Outlook, November 21, 2023Munnelly’s Market Commentary… Asia - In the Asia-Pacific region, most stock markets experienced gains driven by positive movements in US tech stocks, notably...

USDJPY H4 | Bearish continuation off 23.6% fibo?
USDJPY H4 | Bearish continuation off 23.6% fibo?

TitleUSDJPY H4 | Bearish continuation off 23.6% fibo?TypeBearish ReversalPreference:Price could rise up towards our pivot point at 148.15, which is a pullback resistance level, aligning with the 23.6%...

Currency Market Analysis: Dollar Weakness, Bond Auction Strength, and Global Economic Signals
Currency Market Analysis: Dollar Weakness, Bond Auction Strength, and Global Economic Signals

The dollar index continues its search for lows this week; however, seller activity has diminished as the market overall remains relaxed, given that this week marks Thanksgiving in the United States:It...

AUDUSD H4 | Bearish reversal off 61.8% fibo projection?
AUDUSD H4 | Bearish reversal off 61.8% fibo projection?

TitleAUDUSD H4 | Bearish reversal off 61.8% fibo projection?TypeBearish ReversalPreference:Price could potentially reject off our pivot point at 0.6587, which is a swing high resistance level,...

USDCAD H4 | Dropping to swing-low support
USDCAD H4 | Dropping to swing-low support

TitleUSDCAD H4 | Dropping to swing-low supportTypeBullish BouncePreference:Price is falling towards the pivot point of 1.36663 which is a swing-low support level and could potentially reverse from...

US Inflation Report for October Alters Dollar Outlook
US Inflation Report for October Alters Dollar Outlook

The latest US inflation report for October appears to have cast doubt on the prospects of a strengthening dollar in the medium term. Details from the report revealed that two crucial components of the...

Daily Market Outlook, 20 November, 2023
Daily Market Outlook, 20 November, 2023

Daily Market Outlook, November 20, 2023Munnelly’s Market Commentary… Asia - Most Asia-Pacific stocks were positive, but gains were limited due to a lack of fresh catalysts over the weekend. Investors...