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Forex

Daily Market Outlook, December 8, 2023
Daily Market Outlook, December 8, 2023

Daily Market Outlook, December 8, 2023Munnelly’s Market Minute… Asia - Most stocks traded higher, but gains were limited due to cautious sentiment ahead of the US NFP jobs report and recent BoJ...

GBPUSD H4 I Continue to support level?
GBPUSD H4 I Continue to support level?

Title:GBPUSD H4 I Continue to support level?TypeBearish DropPreference:The price is falling from our pivot point of 1.2586,  A fall from this point could lead the price to fall to the 1st support at...

NFP Preview: US Employment Resilience Persists Amid Mixed Labor Market Signals
NFP Preview: US Employment Resilience Persists Amid Mixed Labor Market Signals

In the latter half of the week, bearish pressure on European currencies has somewhat eased, with EURUSD consolidating in the range of 1.0750-1.08 and GBPUSD at 1.25-1.26. This hints that the upcoming...

USDJPY H4 | Potential bearish reversal?
USDJPY H4 | Potential bearish reversal?

TitleUSDJPY H4 | Potential bearish reversal?TypeBearish BreakoutPreference:The current price is falling towards our pivot at 143.726, a pullback support. It could break through the pivot and continue...

USDCAD Day I Bullish reversal?
USDCAD Day I Bullish reversal?

TitleUSDCAD Day I Bullish reversal?TypeBearish ReversalPreference:The price is rising toward our pivot point of 1.3629, which serves as an overlap resistance level aligning with the 38.2% Fibonacci.A...

Daily Market Outlook, December 7, 2023
Daily Market Outlook, December 7, 2023

Daily Market Outlook, December 7, 2023Munnelly’s Market Commentary… Asia - Stocks in the region experienced a decline due to negative sentiment in the wake of weak labour data from Wall Street. Mixed...

GBPUSD H4 | Rising to 1st resistance?
GBPUSD H4 | Rising to 1st resistance?

TitleGBPUSD H4 | Rising to 1st resistance?TypeBullish BouncePreference:The price is on the pivot point at 1.25689, an overlap support. It could bounce off pivot point and rise to 1st resistance level...

Gold Analysis: Potential Price Drop Ahead
Gold Analysis: Potential Price Drop Ahead

Last week, the currency pair EUR/USD rebounded from the level of 1.1000. Currently, the asset is approaching the supporting zone formed between levels 1.0670 and 1.0640. The price of this asset is...

EURUSD H4 | Potential bullish bounce?
EURUSD H4 | Potential bullish bounce?

TitleEURUSD H4 | Potential bullish bounce?TypeBullish BouncePreference:The price could bounce off our pivot point at 1.07567,   a pullback support and rise towards our 1st resistance at 1.08296, an...