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Forex

Daily Market Outlook, November 26, 2024
Daily Market Outlook, November 26, 2024

Daily Market Outlook, November 26, 2024 Munnelly’s Macro Minute..."Bessant Bump, Trumped!”The dollar saw a late-day bid in US trade after the announcement by President-elect Trump that tariffs...

EURUSD Bouncing on Month-End Flows
EURUSD Bouncing on Month-End Flows

EUR Rallying into Month EndEURUSD is today attempting to get back above the 1.0503 level, which could help build the platform for a further rebound, if seen. USD has come under heavy selling pressure...

USDCHF H4 | Bullish Rise
USDCHF H4 | Bullish Rise

TitleUSDCHF H4 | Bullish RiseTypeBullish BouncePreference:The price is approaching the pivot level of 0.8856, an overlap support close to 61.8% Fibonacci retracement. A bounce at this level could...

GBPUSD H4 | Potential Bearish Reversal
GBPUSD H4 | Potential Bearish Reversal

TitleGBPUSD H4 | Potential Bearish ReversalTypeBearish ReversalPreference:The price is approaching the pivot level of 1.2629, a pullback resistance close to 61.8% Fibonacci retracement. A reversal at...

Dissecting the Markets: EUR/USD Climbs Above 1.0500 on Broad-Based USD Retreat
Dissecting the Markets: EUR/USD Climbs Above 1.0500 on Broad-Based USD Retreat

The Euro extended its recovery against the US Dollar on Monday, breaking above the critical 1.05 support level. This movement comes as the greenback faces broad-based sell-off, with the US Dollar...

Daily Market Outlook, November 25, 2024
Daily Market Outlook, November 25, 2024

Daily Market Outlook, November 25, 2024 Munnelly’s Macro Minute..."Markets Giving Thanks For Bessant Treasury Pick”The market's response to fund manager Scott Bessent's selection as the...

GBPUSD H4 | Potential Bearish Reversal
GBPUSD H4 | Potential Bearish Reversal

TitleGBPUSD H4 | Potential Bearish ReversalTypeBearish ReversalPreference:The price is approaching the pivot level of 1.2615, an overlap resistance close to 50% Fibonacci retracement. A reversal at...

FX Options Insights 25/11/24
FX Options Insights 25/11/24

FX Options Insights 25/11/24In addition to strengthening surrounding support and resistance levels, cash hedging of soon-to-expire FX option strikes may also have a magnetic impact on FX price...

EURUSD H4 | Bearish Reversal
EURUSD H4 | Bearish Reversal

TitleEURUSD H4 | Bearish ReversalTypeBearish ReversalPreference:The price is approaching the pivot level of 1.0519, a pullback resistance close to 61.8% Fibonacci retracement. A reversal at this level...