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Forex

USD Steadies Amid Global Central Bank Divergencea

After Thursday's sharp decline, the Greenback is trading broadly steady on Friday, grappling with the implications of the Fed’s aggressive rate cut and contrasting monetary policies from other...

Daily Market Outlook, September 19, 2024

Daily Market Outlook, September 19, 2024 Munnelly’s Macro Minute…"Fed Delivers, BoE On Deck”In response to the US Federal Reserve's decision to rapidly cut interest rates by half a...

EURUSD H4 | Bearish Breakout

TitleEURUSD H4 | Bearish BreakoutTypeBearish BreakoutPreference:price is rising toward of the pivot of 1.1113, a pullback resistance .A reverse from this level could lead the price to fall to 1st...

GBPUSD H4 | Bearish Reversal

TitleGBPUSD H4 | Bearish ReversalTypeBearish ReversalPreference:price is rising toward of the pivot of 1.3205, a pullback resistance close to 38.2% Fibo retracement.A reverse from this level could...

USDCHF  H4  | Bullish Reversal

TitleUSDCHF  H4  | Bullish ReversalTypeBullish ReversalPreference:price is falling to the pivot of 0.8470, a pullback suppor. A reverse from this level could lead the price to rise  to 1st resistance...

Bullish GBPUSD Risks Into BOE Today

BOE Up NextFollowing on from the Fed last night, the central bank spotlight falls on the BOE today. In contrast to the Fed, however, the bank is widely expected to keep rates on hold. The latest...

Brent Oil Forecast: Potential Price Rise Ahead

The price of Brent oil has tested the supporting zone located between levels 71.50 and 72.50, leaving the bearish trap behind. Now, the price of this asset might potentially rise and target the...

USDCHF  H4  | Bullish Reversal

TitleUSDCHF  H4  | Bullish ReversalTypeBullish ReversalPreference:price is falling to the pivot of 0.8446, a pullback support close to 61.8% Fibo retracement. A reverse from this level could lead the...

EUR/USD Holds Above 1.1100 Ahead of Fed Decision

As we approach the Federal Reserve's highly anticipated policy announcement today, the EUR/USD pair is steadying above the 1.1100 level during Wednesday’s European session. This stability comes...