REAL TIME NEWS
Loading...

Forex

Daily Market Outlook, June 14, 2023

Daily Market Outlook, June 14, 2023Munnelly’s Market Commentary… Asian equity markets traded with a somewhat mixed performance as the region displayed caution ahead of the Federal Open Market...

Chances of a Fed June Pause Grow, Focus Shifts on July Decision

The US inflation report for May could have caused serious market tremors yesterday, but this time the market's forecast was accurate. Core inflation accelerated to 0.4% on a monthly basis, while...

Markets Increasingly Bet on the End of the Fed Tightening Cycle

The dollar correction is in full swing as sellers explore new June lows, and this was largely influenced by the moderately positive CPI report for May:The core inflation retreated from 5.5% to 5.3%,...

Daily Market Outlook, June 13, 2023

Daily Market Outlook, June 13, 2023Munnelly’s Market Commentary… Asian equity markets traded mostly higher, taking cues from the gains on Wall Street. The S&P 500 and Nasdaq 100 reached their...

GBPUSD H1 | Potential bearish reversal

TitleGBPUSD H1 | Potential bearish reversalTypeBearish ReversalPreference:Price is currently at our pivot point of 1.25653 which lines up with a 78.6% Fibo retracement. A reverse from here. price...

USDCHF H4 | Bullish reversal from 61.8% Fibo

TitleUSDCHF H4 | Bullish reversal from 61.8% FiboTypeBullish BouncePreference:Price is falling towards the pivot point of 0.90296 and could potentially reverse from here; we could see momentum carry...

USDCAD H4 | Bounce off support

TitleUSDCAD H4 | Bounce off supportTypeBullish BouncePreference:Price is falling to our pivot point of 1.33161 which is a multi-swing low support. A reverse from here. price could rally to 1st...

GBP Rallying On Solid UK Labour Data - Bailey Up Next

Unemployment DropsGBP is rallying today on the back of the latest set of UK labour market figures. The unemployment rate was seen falling to 3.8% from 3.9%, in contrast to expectations for a 4%...

AUDUSD H4 | Heading into resistance

TitleAUDUSD H4 | Heading into resistanceTypeBearish ReversalPreference:Price is rising towards the pivot point of 0.67953 and could potentially reverse from here; we could see momentum carry price...