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Forex

USDCHF H4 | React off 61.8%
USDCHF H4 | React off 61.8%

TitleUSDCHF H4 | React off 61.8%TypeBearish ReversalPreference:Price is approaching our pivot point of 0.90558 which aligns with a 61.8% Fibonacci retracement. A reverse from here, price could fall to...

Daily Market Outlook, June 15, 2023
Daily Market Outlook, June 15, 2023

Daily Market Outlook, June 15, 2023Munnelly’s Market Commentary… Asian equity markets traded predominantly higher; however, gains were limited as the market digested the aftermath of the Federal Open...

AUDJPY H4 | Bullish bounce from pivot
AUDJPY H4 | Bullish bounce from pivot

TitleAUDJPY H4 | Bullish bounce from pivotTypeBullish BouncePreference:Price could approach the pivot point of 94.584 and potentially reverse from here; we could see momentum carry price up to its 1st...

Daily Market Outlook, June 14, 2023
Daily Market Outlook, June 14, 2023

Daily Market Outlook, June 14, 2023Munnelly’s Market Commentary… Asian equity markets traded with a somewhat mixed performance as the region displayed caution ahead of the Federal Open Market...

Chances of a Fed June Pause Grow, Focus Shifts on July Decision
Chances of a Fed June Pause Grow, Focus Shifts on July Decision

The US inflation report for May could have caused serious market tremors yesterday, but this time the market's forecast was accurate. Core inflation accelerated to 0.4% on a monthly basis, while...

GBPJPY H4 | Bullish breakout to the upside
GBPJPY H4 | Bullish breakout to the upside

TitleGBPJPY H4 | Bullish breakout to the upsideTypeBullish BreakoutPreference:Price is approaching the pivot point of 176.927 and could potentially break out of this level; we could see momentum carry...

USDCAD H4 | Bounce off support
USDCAD H4 | Bounce off support

TitleUSDCAD H4 | Bounce off supportTypeBullish BouncePreference:Price is falling to our pivot point of 1.33161 which is a multi-swing low support. A reverse from here. price could rally to 1st...

GBP Rallying On Solid UK Labour Data - Bailey Up Next
GBP Rallying On Solid UK Labour Data - Bailey Up Next

Unemployment DropsGBP is rallying today on the back of the latest set of UK labour market figures. The unemployment rate was seen falling to 3.8% from 3.9%, in contrast to expectations for a 4%...

AUDUSD H4 | Heading into resistance
AUDUSD H4 | Heading into resistance

TitleAUDUSD H4 | Heading into resistanceTypeBearish ReversalPreference:Price is rising towards the pivot point of 0.67953 and could potentially reverse from here; we could see momentum carry price...