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Forex

FX Options Insights 16/12/24
FX Options Insights 16/12/24

FX Options Insights 16/12/24The cash hedging of soon-to-expire FX option strikes may enhance nearby support and resistance levels, while also potentially attracting FX price movements towards each...

USDJPY H4 I Bullish Continuation
USDJPY H4 I Bullish Continuation

TitleUSDJPY H4 I Bullish ContinuationTypeBullish ReversalPreference:The price is falling toward the pivot level of 152.72, a pullback support. A Bounce from this level could cause the price to rise...

EUR/USD Forecast: Bullish Market Sentiment Is Underway!
EUR/USD Forecast: Bullish Market Sentiment Is Underway!

Last week bulls seized the initiative and kept the price of the currency pair EUR/USD in the supporting zone formed between levels 1.0400 and 1.0450. The price of this asset tried to exit this zone,...

USDCAD H4 I Bearish Drop?
USDCAD H4 I Bearish Drop?

TitleUSDCAD H4 I Bearish Drop?TypeBearish ReversalPreference:The price has just reacted off the pivot level of 1.4243 a resistance level that aligns with the 161.8% Fibonacci extension. A reversal...

USDJPY H4 I Falling from 61.8% Fibo?
USDJPY H4 I Falling from 61.8% Fibo?

TitleUSDJPY H4 I Falling from 61.8% Fibo?TypeBearish ReversalPreference:The price is approaching the pivot level of 153.10 a pullback resistance close to the 61.8% Fibonacci retracement. A reversal...

Pound Lower On Negative UK Growth
Pound Lower On Negative UK Growth

UK Growth Falls AgainThe British Pound has come under fresh selling pressure today following the latest UK economic data this morning. UK GDP was seen contracting 0.1% last month, following an equal...

Daily Market Outlook, December 13, 2024
Daily Market Outlook, December 13, 2024

Daily Market Outlook, December 13, 2024 Munnelly’s Macro Minute..."Asian Markets Fall As China Fails To Deliver Stimulus Details...Again ”Asian markets declined on Friday as traders expressed...

FX Options Insights 13/12/24
FX Options Insights 13/12/24

FX Options Insights 13/12/24FX implied volatility is easing as the weekend approaches, but significant declines are expected to be limited ahead of next week's meetings of the U.S., Japanese, and...

USDCHF H4 I Bearish Drop?
USDCHF H4 I Bearish Drop?

TitleUSDCHF H4 I Bearish Drop?TypeBearish ReversalPreference:The price is approaching the pivot level of 0.8929a pullback resistance that aligns with  the 127.2% Fibonacci retracement. A reversal from...