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Forex

Dollar Holds At Highs Ahead of Powell
Dollar Holds At Highs Ahead of Powell

USD Rally PausesTraders are keenly awaiting a fresh slew of Fed commentary today, including Fed chairman Powell who is due to speak later. USD has started off the week on a strong footing following...

Potential Bearish Reversal
Potential Bearish Reversal

TitlePotential Bearish ReversalTypeBearish ReversalPreference:Price is rising towards the pivot point of 0.59912 which is a pullback resistance level and could potentially reverse from here; we could...

EURUSD H4 | React off resistance
EURUSD H4 | React off resistance

TitleEURUSD H4 | React off resistanceTypeBearish ReversalPreference:Price is currently at the pivot point of 1.0777, an overlap resistance that aligns with the 23.6% Fibo retracement. A reverse from...

GBPUSD H4 | Bearish Drop
GBPUSD H4 | Bearish Drop

TitleGBPUSD H4 | Bearish DropTypeBearish ReversalPreference:Price is rising toward the pivot point of 1.2602, an overlap resistance. A reversal from this level could lead the price to fall to 1st ...

Daily Market Outlook, April 2, 2024
Daily Market Outlook, April 2, 2024

Daily Market Outlook, April 2, 2024Munnelly’s Macro Minute…“Markets Return To An Uncertain US Rate Cut Narrative”Asian equity indices are treading cautiously as they assess the potential timing and...

EUR/USD Edges Up as Eurozone Data Holds Ground
EUR/USD Edges Up as Eurozone Data Holds Ground

The EUR/USD currency pair found a tentative floor in the lower 1.0700s, staging a modest recovery following the release of favorable Eurozone manufacturing data. Manufacturing figures are a crucial...

Potential Bearish Breakout
Potential Bearish Breakout

TitlePotential Bearish BreakoutTypeBearish BreakoutPreference:Price could fall towards the pivot point of 0.59427 which is a potential breakout level and could drop lower from here; we could see...

EURUSD H4 | Bullish bounce
EURUSD H4 | Bullish bounce

TitleEURUSD H4 | Bullish bounceTypeBullish BouncePreference:Price is falling toward the pivot point of 1.0728, a pullback support. A bounce from this level could lead the price to rise to 1st...

GBPJPY H4 | Bearish Breakout
GBPJPY H4 | Bearish Breakout

TitleGBPJPY H4 | Bearish BreakoutTypeBearish BreakoutPreference:The price is falling toward the pivot point of 191.05. A breakout from this level could lead the price to fall to 1st support level at...