Daily Market Outlook, September 25, 2024 Munnelly’s Macro Minute…"China’s Stimulus Sugar Rush Subsides”Beijing's substantial stimulus package continues circulating through Chinese markets;...
GBPJPY H4 | Bullish Bounce
TitleGBPJPY H4 | Bullish BounceTypeBullish Bounce Preference:price has just bounced off to the pivot of 192.111, an overlap support. A bounce from this level could lead the price to rise to 1st...
EURUSDH4 | Bearish Drop
TitleEURUSDH4 | Bearish DropTypeBearish DropPreference:price has just reacted off the pivot of 1.1193, a swing-high resistance. A fall from this level could lead the price to drop to 1st support at...
GBPUSD M15| Bearish Drop
TitleGBPUSD M15| Bearish DropTypeBearish DropPreference:price has just reacted off the pivot of 1.3409, an overlap resistance. A fall from this level could lead the price to drop to 1st support at...
FX Options Insights 25/09/24
FX Options Insights 25/09/24There is a reluctance to build significant short USD positions via USD put options, suggesting a lack of conviction about deeper USD losses. The broad USD is back under...
Aussie Testing Highs Following RBA's 'Hawkish Hold'
Hawkish RBA MeetingThe Australian Dollar is testing the 2024 highs today on the back of the latest RBA meeting overnight. The central bank held rates unchanged and reaffirmed its commitment to...
EURUSD H4 | Bearish Reversal
TitleEURUSD H4 | Bearish Reversal TypeBearish Reversal Preference:Waiting for the price to pullback to pivot of 1.1121. a pullback resistance. A drop from this level could lead the price to fall to...
USDJPY Rallies on BOJ Comments
BOJ to Hold for NowUSDJPY is rallying today on the back of comments from BOJ governor Ueda this morning. At a speech to business leaders in Osaka, Ueda said that the BOJ has room to wait and assess...
USDJPY H4 | Bearish Drop
TitleUSDJPY H4 | Bearish DropTypeBearish DropPreference:price has just reacted off the pivot of 143.75, an overlap resistance. A fall from this level could lead the price to drop to 1st support at...
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