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Forex

USDCAD H1| Bearish Reversal
USDCAD H1| Bearish Reversal

TitleUSDCAD H1| Bearish ReversalTypeBearish Reversal Preference:The price is moving toward the pivot level of 1.3976, an overlap resistance close to 50% Fibo retracement. A reversal at this level...

Institutional Insights: Societe Generale Monday Briefing
Institutional Insights: Societe Generale Monday Briefing

Institutional Insights: Societe Generale Monday BriefingRisk on, UST yields and dollar retreat, 2s/10s curve reinverts after President-elect Trump picks Scott Bessent as Treasury Secretary. Bessent...

#DXY #EURUSD & #GBPUSD Trading Update
#DXY #EURUSD & #GBPUSD Trading Update

#DXY #EURUSD & #GBPUSD Trading UpdateIn this update we review the recent price action in the Dollar Index, Euro and Cable and update the trading strategy following on from last week's...

Pound Plummets on Dreary UK Data Dump
Pound Plummets on Dreary UK Data Dump

Retail Sales Drop SharplyThe British Pound has come under heavy selling pressure today amidst a sea of red UK data this morning. Retail Sales were seen contracting 0.7% last month, down sharply from...

Brent Oil is at a Crossroads: What’s Next?
Brent Oil is at a Crossroads: What’s Next?

The price of Brent oil remains at the supporting level of 70.50 for now. The chart below shows the clear bullish sentiment. It means that the price of this asset might potentially rise first. After...

USDJPY H1| Bearish Reversal
USDJPY H1| Bearish Reversal

TitleUSDJPY H1| Bearish ReversalTypeBearish Reversal Preference:The price is moving toward the pivot level of 154.76, an overlap resistance close to 38.2% Fibo retracement. A reversal at this level...

GBPUSD H1 | Potential Bullish Bounce
GBPUSD H1 | Potential Bullish Bounce

TitleGBPUSD H1 | Potential Bullish BounceTypeBullish BouncePreference:The price is approaching the pivot level of 1.2580, a multi-swing low support. A bounce at this level could cause the price to...

Daily Market Outlook, November 22, 2024
Daily Market Outlook, November 22, 2024

Daily Market Outlook, November 22, 2024 Munnelly’s Macro Minute..."Digital(Bitcoin) & Physical Gold Surging Into The Weekend”Russia lowered its threshold for using nuclear weapons and fired a...

EURUSD H1 | Bullish Bounce Off?
EURUSD H1 | Bullish Bounce Off?

TitleEURUSD H1 | Bullish Bounce Off?TypeBullish ReversalPreference:The price is approaching the pivot level of 1.0468, a multi-swing low support close to 127.2% Fibonacci extension. A bounce at this...