Loading...

Forex

EURUSD H1 | Bearish Drop
EURUSD H1 | Bearish Drop

TitleEURUSD H1 | Bearish DropTypeBearish ReversalPreference:Price is rising toward the pivot of 1.0829, a pullback resistance level. A reverse from this level could lead the price to fall to 1st...

EUR/USD Sentiment Improves after EU Inflation Data as Markets Pare Bets on Dovish ECB Stance
EUR/USD Sentiment Improves after EU Inflation Data as Markets Pare Bets on Dovish ECB Stance

In Friday's trading session, the EUR/USD surged above the 1.0850 mark, bolstered by stronger-than-expected inflation figures from the Eurozone. According to Eurostat, the Harmonized Index of...

NZDUSD H4 | Potential Bullish Bounce
NZDUSD H4 | Potential Bullish Bounce

TitleNZDUSD H4 | Potential Bullish BounceTypeBullish BouncePreference:Price is falling towards the pivot point of 0.6114 which is a pullback support level and could potentially reverse from here; we...

Dollar Testing Key Level Ahead of GDP
Dollar Testing Key Level Ahead of GDP

Prelim GDP in FocusThe US Dollar is holding onto yesterday’s gains as traders brace for a fresh set of US data today. Prelim Q2 GDP, unemployment claims and pending home sales will all be on watch...

USD Loses Momentum After GDP Data; Greenback's Rally Short-Lived
USD Loses Momentum After GDP Data; Greenback's Rally Short-Lived

The US Dollar experienced a downturn on Thursday following the release of the latest Gross Domestic Product figures. On the previous day, the dollar had shown remarkable strength, pushing the DXY US...

USDCAD H4 | Swing-high Resistance at 78.6% Fibonacci Projection
USDCAD H4 | Swing-high Resistance at 78.6% Fibonacci Projection

TitleUSDCAD H4 | Swing-high Resistance at 78.6% Fibonacci ProjectionTypeBearish ReversalPreference:Price is rising towards the pivot point of 1.3734 which is a swing-high resistance that aligns with...

Daily Market Outlook, May 30, 2024
Daily Market Outlook, May 30, 2024

Daily Market Outlook, May 30, 2024Munnelly’s Macro Minute…“Markets Jittery On US Yield Rise Ahead Of Auctions & Inflation Data”Asian stocks and currencies fell on Thursday due to restrained risk...

AUDUSD H4 | Falling to 50% Fibonacci Support
AUDUSD H4 | Falling to 50% Fibonacci Support

TitleAUDUSD H4 | Falling to 50% Fibonacci SupportTypeBullish BouncePreference:Price is falling towards the pivot point of 0.6594 which is a pullback support that aligns with the 50.0% Fibonacci...

GBPUSD H1 I Bullish Rise
GBPUSD H1 I Bullish Rise

TitleGBPUSD H1 I Bullish RiseTypeBullish RisePreference:Price is currently at the pivot of 1.2694, an overlap support level. A bounce from this level could lead the price to rise to 1st resistance at...