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Forex

GBPJPY H4 | Falling to support level
GBPJPY H4 | Falling to support level

TitleGBPJPY H4 | Falling to support levelTypeBearish ReversalPreference:GBPJPY is trading close to the pivot at 189.047, the pullback support. The price could potentially break below the pivot and...

EURUSD H4 I Bullish Bounce
EURUSD H4 I Bullish Bounce

TitleEURUSD H4 I Bullish BounceTypeBullish BouncePreference:Price is falling toward the pivot point of 1.0864, a pullback support that aligns with the 161.8% Fibo extension. A bounce from this level...

Greenback Strengthens Amid Surprising Producer Price Index Data
Greenback Strengthens Amid Surprising Producer Price Index Data

The US Dollar demonstrated resilience in Thursday's trading session, bolstered by a wave of positive economic data releases. Notably, the Producer Price Index (PPI) for February exceeded...

Daily Market Outlook, March 14, 2024
Daily Market Outlook, March 14, 2024

Daily Market Outlook, March 14, 2024Munnelly’s Macro Minute…“Markets Await Last Pieces Of The Data Puzzle Ahead Of Next Week's FOMC Meeting”In response to mixed signals from global markets, Asian...

EURUSD H4 | Bearish Drop
EURUSD H4 | Bearish Drop

TitleEURUSD H4 | Bearish DropTypeBearish DropPreference:Price has reacted the pivot point of 1.0943, A drop from this level could lead the price to fall to 1st support at 1.0902. an overlap support...

EURJPY H4 | Potential bullish breakout
EURJPY H4 | Potential bullish breakout

TitleEURJPY H4 | Potential bullish breakoutTypeBullish BouncePreference:EURJPY is sitting on the pivot point at 161.757, which is the overlap resistance. Price could break above the pivot and rise to...

USDJPY Bounces As US Inflation Stays Strong
USDJPY Bounces As US Inflation Stays Strong

USD Rallies on Hotter InflationThe US Dollar is seeing better demand today on the back of yesterday’s February inflation report. Annualised CPI was seen rising to 3.2% from 3.1% prior with month over...

Daily Market Outlook, March 13, 2024
Daily Market Outlook, March 13, 2024

Daily Market Outlook, March 13, 2024Munnelly’s Macro Minute…“Whipsaw Reaction To US Inflation Resolves With Risk On Response”Most Asian stock markets are experiencing gains on Wednesday, taking...

Potential Bearish Reversal
Potential Bearish Reversal

TitlePotential Bearish ReversalTypeBearish ReversalPreference:Price could rise towards the pivot point of 0.66443 which is a pullback resistance that aligns close to the 78.6% Fibonacci retracement...