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Forex

EURUSD Remains Range-Bound as Markets Look for Fresh Upside Catalysts

EUR/USD advanced slightly on Friday following a strong bearish backlash after the pair tested the horizontal resistance level on Thursday. Despite the intensive pullback, it managed to sustain pricing...

EURGBP Day | Bullish breakout

TitleEURGBP Day | Bullish breakoutTypeBullish BreakoutPreference:The price could break above the pivot at 0.8551, the overlap resistance. Then it could climb higher, reaching the 1st resistance at...

EURGBP H4 | Bullish breakout

TitleEURGBP H4 | Bullish breakoutTypeBullish BreakoutPreference:The price is on an uptrend, it could continue to rise higher and breakout of pivot at 0.85701, the overlap resistance. Then it could...

NZDUSD H4 | Bearish reversal

TitleNZDUSD H4 | Bearish reversalTypeBearish ReversalPreference:The price could react off the pivot at 0.62063, the overlap resistance. Then it could fall to the 1st support at 0.62587, the overlap...

Dollar Slumps Despite Hawkish Fed Minutes

USD Falls Despite Hawkish Fed MinutesThe US Dollar is trading lower today on the back of yesterday’s FOMC minutes, despite the minutes taking a broadly hawkish tone. Policymakers agreed that...

Bitcoin Forecast: Potential Price Correction Ahead

The price of Bitcoin keeps reversing. It should undergo correction soon. The asset’s price might not only gain the required support at the levels 49000 and 45500 but also dive even deeper and hit the...

EUR/USD Continues Winning Streak Amidst USD Weakness As FOMC Minutes Disappoint

The EUR/USD pair continues to ride its winning streak, now extending for the seventh consecutive day, propelled by a weakening US Dollar in defiance of market expectations of sustained higher interest...

Daily Market Outlook, February 22, 2024

Daily Market Outlook, February 22, 2024Munnelly’s Market Minute…“Nvidia & The AI Tipping Point Sees Risk Sentiment Soar”Most markets in the Asian region saw gains, driven by the positive...

GBPUSD H4 | Bearish Drop

TitleGBPUSD H4 | Bearish DropTypeBearish ReversalPreference:Price is rising toward the pivot point of 1.2655, an overlap resistance. A reverse from this level could lead the price to fall to 1st...