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Forex

EURUSD H1 | Bouncing off support?

TitleEURUSD H1 | Bouncing off support?TypeBullish BouncePreference:The price is falling toward our pivot point of 1.0686 which serves as a pullback support level. A bounce from this point could lead...

GBPUSD H4 | Rising towards resistance?

TitleGBPUSD H4 | Rising towards resistance?TypeBullish BouncePreference:The price is falling toward our pivot point of 1,2323, which serves as a pullback support level. A bounce from this point could...

Daily Market Outlook, November 7, 2023

Daily Market Outlook, November 7, 2023Munnelly’s Market Commentary… Asia -  stocks experienced a decline across the board, retreating from the previous day's gains, with Wall Street's mixed...

Daily Market Update: FX Markets Consolidate Amidst Central Bank Actions and Economic Data

After a series of risk-on days, FX markets are now consolidating with the dollar on the rise against its major peers. This follows some intriguing price movements triggered by the Reserve Bank of...

GBPJPY H4 | Bullish bounce off 78.6% fibo?

TitleGBPJPY H4 | Bullish bounce off 78.6% fibo?TypeBullish BouncePreference:Price could potentially fall to our pivot point at 185.13, which is a pullback support, 78.6% fibo projection, and 50% fibo...

Silver Analysis: Potential Price Rise Ahead

Currently, silver remains at the median line of the downtrend. The price of silver should rebound from the downtrend line and jump soon. Hence, one could follow the candlestick formations around this...

The Dollar's November Decline and Economic Disappointments

Historical records indicate that November has historically been a challenging month for the Dollar, and it appears that this November is following the trend. The currency commenced the month with a...

Daily Market Outlook, November 6, 2023

Daily Market Outlook, November 6, 2023Munnelly’s Market Commentary… Asia -  stocks traded higher across the board, benefiting from post-NFP momentum from Wall Street on Friday. Additionally, South...

GBPJPY H4 | Bearish reversal off 78.6% fibo?

TitleGBPJPY H4 | Bearish reversal off 78.6% fibo?TypeBearish ReversalPreference:Price is rising towards our pivot point at 185.7, which is a swing high resistance level, slightly above the 78.6% fibo...