US CPI: analysis of preliminary data points to potential upside surprise
The currency market and the US bond market are in a bit of a pickle, with prices moving in tight ranges or resembling fading oscillations. It seems like all the hot info that came out recently is...
Sideways Trading
TitleSideways TradingTypeBullish BouncePreference:Price is falling towards the pivot point of 0.66809 which is a pullback support level and could potentially reverse from here; we could see momentum...
Brent Oil and Silver: Potential Rebound Ahead
Silver rebounded from the downtrend. The asset’s price is now heading south. Currently, the price of silver is forming a flag. Should the silver break this flag, it might eventually test the...
EURUSD M15 | Bearish reversal?
TitleEURUSD M15 | Bearish reversal?TypeBearish DropPreference:Price has just reacted off our pivot point of 1.0977, which serves as a multi swing high resistance level. A reversal from this point...
GBPJPY H4 | Bullish Bounce
TitleGBPJPY H4 | Bullish BounceTypeBullish BouncePreference:Waiting for price to pullback at the pivot 184.28 which is a pullback support level. A bounce off from this point could lead the price to...
GBPUSD M5 | Bearish reversal
TitleGBPUSD M5 | Bearish reversalTypeBearish ReversalPreference:Wait for price to pullback at the pivot point at 1.27049 , an overlap resistance, A reverse from this point, could lead the price to...
Potential Bearish Reversal
TitlePotential Bearish ReversalTypeBearish ReversalPreference:Price has just reversed off the pivot point of 184.063 which is a multi-swing-high resistance level and could potentially drop lower from...
Potential Bearish Breakout
TitlePotential Bearish BreakoutTypeBearish BreakoutPreference:Price is falling towards the pivot point of 2.03212 which is a pullback support level and could potentially drop lower from here; we could...
Daily Market Outlook, January 10, 2024
Daily Market Outlook, January 10, 2024Munnelly’s Market Minute…“Nikkei Hits 34 Year Highs”Most stocks in the Asian region saw a decline following the weak performance of Wall St and cautiousness ahead...
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