A Crucial Week for the US Dollar: Can Dollar Bulls Hold the Line?
The US dollar is once again in the spotlight on Tuesday. Following a bruising session on Monday, the Greenback finds itself under pressure, sliding further against a basket of major currencies, with...
GBPUSD H1 | Potential Bullish Bounce
TitleGBPUSD H1 | Potential Bullish BounceTypeBullish BouncePreference:Price could fall towards the pivot point of 1.2948 which is a pullback support that aligns with the 23.6% Fibonacci retracement...
Loonie Testing Key Support Ahead of CAD Inflation
USD Sinks on Fed Easing ExpectationsDollar weakness is the main theme of markets this week. With US inflation seen falling last week for a fourth consecutive month, Fed easing expectations have moved...
EURJPY H4 | Rising into Pullback Resistance
TitleEURJPY H4 | Rising into Pullback ResistanceTypeBearish ReversalPreference:Price is rising towards the pivot point of 163.86 which is a pullback resistance level and could potentially reverse from...
Daily Market Outlook, August 20, 2024
Daily Market Outlook, August 20, 2024 Munnelly’s Macro Minute…"Israel's Acceptance Of The Ceasefire Proposal Sinks Oil Sentiment”Following an unexpected reduction in July, the People's...
AUDUSD H4 I Bearish Drop
TitleAUDUSD H4 I Bearish DropTypeBearish ReversalPreference:Price is rising toward the pivot of 0.6701, an overlap resistance close to 78.6% Fibo Retracement. A reverse from this level could lead the...
EURUSD H1 I Bearish Reversal
TitleEURUSD H1 I Bearish ReversalTypeBearish ReversalPreference:Price is rising toward the pivot of 1.1031. A reverse from this level could lead the price to fall to 1st support at 1.1003, a pullback...
Daily Market Outlook, August 19, 2024
Daily Market Outlook, August 19, 2024Munnelly’s Macro Minute…“Central Banker Conclave In Jackson Hole The Main Catalyst Driver”Asian stock markets are exhibiting a mixed performance on Monday,...
Natural Gas Forecast: The Price Reversal Ahead!
The price of natural gas keeps moving in a very narrow range. As for now, the price of this asset rebounded from the level of 2.3 to test the level of 2.0. It is also important to note the upcoming...
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