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Forex

GBPUSD H4 | Bearish reversal

TitleGBPUSD H4 | Bearish reversalTypeBearish ReversalPreference:Price is rising toward the pivot of 1.2776, a pullback resistance. A reverse from this level could lead the fall to 1st support at...

EURUSD H4 | Bullish bounce

TitleEURUSD H4 | Bullish bounceTypeBullish BouncePreference:Price is falling toward the pivot of 1.0840, an overlap support close to 38.2% Fibo retracement. A bounce from this level could lead the...

NZDUSD H4 | Potential Bullish Bounce

TitleNZDUSD H4 | Potential Bullish BounceTypeBullish BouncePreference:Price is falling towards the pivot point of 0.6114 which is a pullback support level and could potentially reverse from here; we...

GBPUSD M15 I Short term bullish bounce

TitleGBPUSD M15 I Short term bullish bounceTypeBullish BouncePreference:Price is falling toward the pivot of 1.2708, a pullback support close to 61.8% retracement. A reverse from this level could lead...

EURUSD On Watch Into Key US Data

US PCE Data DueWe’ve seen rather muted action across FX markets this week with most pairs simply treading water within recent ranges. However, today’s headline US core PCE data holds the power to...

Oil Drops On Weak China Data - US Inflation Next

Crude Falls BackFollowing a strong start to the week, oil prices have turned lower through the last few days with crude futures now down around 4% from the week’s highs. A combination of a stronger US...

EURUSD H1 | Bearish Drop

TitleEURUSD H1 | Bearish DropTypeBearish ReversalPreference:Price is rising toward the pivot of 1.0829, a pullback resistance level. A reverse from this level could lead the price to fall to 1st...

EUR/USD Sentiment Improves after EU Inflation Data as Markets Pare Bets on Dovish ECB Stance

In Friday's trading session, the EUR/USD surged above the 1.0850 mark, bolstered by stronger-than-expected inflation figures from the Eurozone. According to Eurostat, the Harmonized Index of...

Daily Market Outlook, May 31, 2024

Daily Market Outlook, May 31, 2024Munnelly’s Macro Minute…“Month End Flows & Inflation Data In Focus”On Friday, Asian stocks saw an increase and are set to mark the fourth consecutive month of...