TitleUSDCAD H4 | Rising into resistanceTypeBearish ReversalPreference:Price is rising towards the pivot point of 1.36122 which is an overlap resistance that aligns with the 23.6% Fibonacci retracement...
NZDUSD H4 | Rising into resistance
TitleNZDUSD H4 | Rising into resistanceTypeBearish ReversalPreference:Price is rising towards the pivot point of 0.59898 which is a pullback resistance level and could potentially reverse from here;...
Daily Market Outlook, October 9, 2023
Daily Market Outlook, October 9, 2023Munnelly’s Market Commentary… Asian equity markets mostly traded lower in quiet markets, with concerns about geopolitical tensions and a surprise multi-front...
Middle East Crisis Spurs Market Volatility and Drives Oil Prices Higher
Stock markets in Asia and Europe experienced a decline on Monday, while gold prices rose and the dollar resumed its upward movement towards local highs amid a sharp escalation of tensions in Israel....
USDJPY H4 | Yen to strengthen further?
TitleUSDJPY H4 | Yen to strengthen further?TypeBearish ReversalPreference:Price could rise towards the pivot point of 149.427 which is a pullback resistance and potentially reverse from here; we could...
EURGBP H4 | Falling to 38.2% Fibo support
TitleEURGBP H4 | Falling to 38.2% Fibo supportTypeBullish BouncePreference:Price is falling towards the pivot point of 0.86333 which is an overlap support that aligns with the 38.2% Fibonacci...
Silver Bulls Seize the Initiative: Price Spike Ahead?
The price of silver rebounded from the lower boundary of the downtrend, which is located next to the level of 20.80, and formed the bullish engulfing at the end of the trading week. The asset’s price...
GBPJPY H4 I Reacting off resistance?
TitleGBPJPY H4 I Reacting off resistance?TypeBearish ReversalPreference:The price is rising toward our pivot point at 181.24, which is an overlapping resistance level aligned with the 61.8% Fibonacci...
Daily Market Outlook, October 6, 2023
Daily Market Outlook, October 6, 2023Munnelly’s Market Commentary… Asian equity markets mostly traded with mixed results amid uncertainty in global markets. Japan's Nikkei 225 showed slight...
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