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Forex

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...

USD Surges Amid Global Market Stability; Yen Depreciation Fuels DXY Rally

The Greenback is making notable strides as various asset classes revert to more normalized levels. Equity markets are demonstrating stability, with volatility diminishing, and traditionally safe-haven...

EURUSD H4 | Bullish reversal

TitleEURUSD H4 | Bullish reversalTypeBullish BouncePreference:Price is falling toward the pivot point of 1.0871, a pullback support close to 61.8% Fibo retracement. A bounce from this level could lead...

GBPUSD H1 | Bearish reversal

TitleGBPUSD H1 | Bearish reversalTypeBearish ReversalPreference:Price is rising toward the pivot point of  1.2739, a pullback resistance close to the 50% Fibonacci retracement level. A reverse from...