Daily Market Outlook, August 9, 2024Munnelly’s Macro Minute…“Risk Sentiment Soothed By Jobs Data, Closing Out A Whipsaw Week”Following Wall Street's robust rally overnight, Asian stock markets...
EURUSD H4 I Bearish reversal
TitleEURUSD H4 I Bearish reversalTypeBearish ReversalPreference:Price is rising toward the pivot of 1.0942, a pullback resistance close to 38.2% Fibo retracement. A reverse from this level could lead...
USDCAD H4 I Bullish Bounce
TitleUSDCAD H4 I Bullish BounceTypeBullish BouncePreference:Price is falling toward the pivot of 1.3661, an overlap support close to 78.6% Fibo retracement. A bounce from this level could lead the...
NZDUSD M15 I Bearish reversal
TitleNZDUSD M15 I Bearish reversalTypeBearish ReversalPreference:Price is rising toward the pivot of 0.6007, a pullback resistance close to 618% Fibo retracement. A reverse from this level could lead...
Bitcoin Forecast: Potential Price Rise Ahead
The price of Bitcoin abruptly dropped and tested the supporting level of 50000. After that, the price of this asset formed a long spike, rebounded, and tested the level of 54000. This signifies the...
Aussie Soars on Hawkish RBA Guidance
Aussie Rallies Following CommentsThe Aussie Dollar is trading firmly higher today on the back of comments from the RBA governor this morning. Bullock warned that the RBA won’t refrain from hiking...
GBPUSD D1 I Bullish Bounce
TitleGBPUSD D1 I Bullish BounceTypeBullish BouncePreference:Price is falling toward the pivot of 1.2564, an overlap support close to 61.8% Fibo retracement. A bounce from this level could lead the...
Daily Market Outlook, August 8, 2024
Daily Market Outlook, August 8, 2024Munnelly’s Macro Minute…“US 10yr Auction Tail Deals Another Blow To Risk Sentiment ”Despite assurances from US Fed officials that the world's largest economy...
Daily Market Outlook, August 7, 2024
Daily Market Outlook, August 7, 2024Munnelly’s Macro Minute…“BoJ…The New Plunge Protection Team?”After Wall Street's generally positive cues overnight, Asian stock markets are basically up on...
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