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Forex

EURGBP Day | Potential bullish breakout

TitleEURGBP Day | Potential bullish breakoutTypeBullish BreakoutPreference:The price is on the pivot at 0.85536and it could continue to trend higher and breakout of the pivot point. A breakout could...

GBPJPY H4 | Potential bullish bounce

TitleGBPJPY H4 | Potential bullish bounceTypeBullish BouncePreference:The price is on a downtrend and could fall to the pivot point at 189.989, the pullback support that aligns closely with the 50%...

Dollar Braces for a Second Retest of the Key Resistance Level

On the backdrop of Super Tuesday and anticipation surrounding the potential resurgence of former US President Donald Trump in the Republican Party, the US Dollar commenced the week with a vigorous...

GBPUSD H1 | Bearish reversal

TitleGBPUSD H1 | Bearish reversalTypeBearish DropPreference:Price is currently at the pivot point of 1.273 a swing-high resistance. A reverse from this level could lead the price to fall to 1st...

EURUSD H1 | Bearish drop

TitleEURUSD H1 | Bearish dropTypeBearish DropPreference:Price is currently at the pivot point of 1.0847, a swing-high resistance. A reverse from this level could lead the price to fall to 1st support...

Daily Market Outlook, March 4, 2024

Daily Market Outlook, March 4, 2024Munnelly’s Market Minute…“China Sentiment Supported By Congress Hopes”Asian Equities and European stock futures are on the rise, echoing last week's strong...

USD/JPY Eyes Three-Month High as BoJ Divergence and Fed Expectations Drive Market Dynamics

The USD/JPY pair is striding confidently towards a three-month high of 151 level, fueled by a blend of divergent central bank. As the Japanese Yen weakens in response to signals from the Bank of...

Potential Bullish Bounce of 50% Fibonacci Support

TitlePotential Bullish Bounce of 50% Fibonacci SupportTypeBullish BouncePreference:Price could towards the pivot point of 1.35484 which is a pullback support that aligns with the 50.0% Fibonacci...

Eurozone Inflation Remains Stubborn, Impact on the EUR/USD Pair

In today's European session, the EUR/USD pair finds itself teetering near the crucial support level of 1.0800, despite Eurozone inflation data exhibiting resilience beyond market expectations....