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Forex

GBPUSD H4 | Bearish reversal
GBPUSD H4 | Bearish reversal

TitleGBPUSD H4 | Bearish reversalTypeBearish ReversalPreference:Price is rising toward the pivot point of 1.2422, a pullback resistance close to the 61.8% Fibonacci retracement level. A reversal from...

Daily Market Outlook, April 22, 2024
Daily Market Outlook, April 22, 2024

Daily Market Outlook, April 22, 2024Munnelly’s Macro Minute…“Middle East Tensions Recede Markets Consolidate”Equity markets in Asia mostly traded higher as tensions in the Middle East remained stable,...

Approaching Resistance
Approaching Resistance

TitleApproaching ResistanceTypeBearish ReversalPreference:Price is rising towards the pivot point of 0.8571 which is a pullback resistance that aligns with the 78.6% Fibonacci retracement level and...

Daily Market Outlook, April 19, 2024
Daily Market Outlook, April 19, 2024

Daily Market Outlook, April 19, 2024Munnelly’s Macro Minute…“Middle East Tensions Escalate Overnight Sinking Risk Sentiment”Global markets were rattled by fresh unrest in the Middle East, leading to a...

GBPUSD M15 I Bearish drop
GBPUSD M15 I Bearish drop

TitleGBPUSD M15 I Bearish dropTypeBearish ReversalPreference:Price is rising toward the pivot point of 1.2435, a pullback resistance close to the 50% % Fibonacci retracement level. A reversal from...

USDJPY M15 | Bearish Drop
USDJPY M15 | Bearish Drop

TitleUSDJPY M15 | Bearish DropTypeBearish ReversalPreference:Price is rising toward the pivot point of 154.48, a pullback resistance level. A reversal from this level could lead the price to fall to...

EUR and GBP Stage Recovery Despite Escalating Fed Hawkish Tone
EUR and GBP Stage Recovery Despite Escalating Fed Hawkish Tone

Despite the contentious backdrop of geopolitical risks and the Federal Reserve adopting a more hawkish stance in its statements, EUR/USD managed to stage a recovery above the 1.0650 mark. The flight...

EURUSD M15 | Drop from Pullback resistance
EURUSD M15 | Drop from Pullback resistance

TitleEURUSD M15 | Drop from Pullback resistanceTypeBearish ReversalPreference:Price is rising toward the pivot point of 1.0699, a pullback resistance. A reversal from this level could lead the price...

Daily Market Outlook, April 18, 2024
Daily Market Outlook, April 18, 2024

Daily Market Outlook, April 18, 2024Munnelly’s Macro Minute…“Scant Econ Data, CB Speakers On Deck Along With Tech Earnings”Asian stocks rose on Thursday as authorities' resistance to a...