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Forex

FX Options Insights 10/12/24
FX Options Insights 10/12/24

FX Options Insights 10/12/24Last week, broader implied volatility saw a notable decline, influenced by low FX realised volatility and traders reducing their positions in anticipation of the Christmas...

Daily Market Outlook, December 10, 2024
Daily Market Outlook, December 10, 2024

Daily Market Outlook, December 10, 2024 Munnelly’s Macro Minute..."China Stimulus Stock Surge See’s Buyer Remorse Set In”China's stock markets have opted to embrace the authorities'...

USDCHF H4 I Bearish Drop?
USDCHF H4 I Bearish Drop?

TitleUSDCHF H4 I Bearish Drop?TypeBearish ReversalPreference:The price is approaching the pivot level of 0.8828, a pullback resistance close to the 61.8% Fibonacci retracement. A reversal from this...

USDJPY H4 | Bullish Bounce-Off?
USDJPY H4 | Bullish Bounce-Off?

Title:USDJPY H4 | Bullish Bounce-Off?TypeBullish BouncePreference:The price is falling toward the pivot level of 150.61, a pullback support. A bounce off this level could cause the price to rise to...

GBPUSD H1 | Potential Bearish Reversal?
GBPUSD H1 | Potential Bearish Reversal?

TitleGBPUSD H1 | Potential Bearish Reversal?TypeBearish ReversalPreference:The price is moving up towards the pivot level of 1.2756, which acts as a pullback resistance. A reversal at this level could...

Dovish RBA Signals Keep Aussie Pressured
Dovish RBA Signals Keep Aussie Pressured

Dovish RBA OutlookThe Aussie Dollar has come back under fresh selling pressure today following the latest RBA rate decision overnight. While the bank held rates steady, the decision was accompanied by...

Bearish Risks for EUR/USD Mount Ahead of US Inflation Data and ECB Decision
Bearish Risks for EUR/USD Mount Ahead of US Inflation Data and ECB Decision

European financial markets are exhibiting caution ahead of the US CPI release and the ECB rate decision, with major indices declining moderately and losses capped at 0.5%. The common currency weakened...

Dollar Holds Firm at Key Demand Zone as NFP Upside Counters Trendline Break
Dollar Holds Firm at Key Demand Zone as NFP Upside Counters Trendline Break

A key economic development in the last week was the November NFP report. The BLS release showed that the U.S. economy created 194K jobs in November, surpassing the market consensus of 160K. The...

USDCAD H4 I Bearish Drop
USDCAD H4 I Bearish Drop

TitleUSDCAD H4 I Bearish DropTypeBearish ReversalPreference:The price is approaching the pivot level of 1.4087, a swing-high resistance. A reversal from this level could cause the price to fall to 1st...