TitlePotential Bearish ReversalTypeBearish ReversalPreference:Price is rising towards the pivot point of 0.6506 which is a pullback resistance that aligns with the 50.0% Fibonacci retracement level...
EURUSD H4 | Potential bearish reversal
TitleEURUSD H4 | Potential bearish reversalTypeBearish ReversalPreference:Price is rising toward the pivot point of 1.0696, a pullback resistance close to the 23.8% Fibonacci retracement level. A...
Daily Market Outlook, April 12, 2024
Daily Market Outlook, April 12, 2024Munnelly’s Macro Minute…“Data Dump Over, CB Speakers & Bank Earnings Eyed ”Most Asian stock markets are experiencing a decline in trading on Friday, despite the...
Pullback Resistance at 38.2% Fibonacci Retracement
TitlePullback Resistance at 38.2% Fibonacci RetracementTypeBearish ReversalPreference:Price could rise towards the pivot point of 0.6559 which is a pullback resistance that aligns close to the 38.2%...
EURUSD Breaks Lower on June Easing Signal
Dovish SignallingEURUSD has come under fresh selling pressure today on the back of the ECB rate decision yesterday. While the bank held policy on hold as expected, it hinted that rate cuts are...
EURUSD H4 I Bounce off 127.2
TitleEURUSD H4 I Bounce off 127.2TypeBullish BouncePreference:Price is falling toward the pivot point of 1.0678 which aligns with the 127.2% Fibo extension. A bounce from this level could lead the...
Intervention Fears Grow As USDJPY Hits 1990's Levels
USDJPY Hits Record LevelsFears of BOJ intervention in the FX market are at heightened levels today following the breakout in USDJPY seen yesterday. The pair moved to its highest level since August...
Approaching pullback resistance
TitleApproaching pullback resistanceTypeBearish ReversalPreference:Price is rising towards the pivot point of 0.6533 which is a pullback resistance that aligns with the 23.6% Fibonacci retracement...
EURUSD Breakdown Risks Ahead of ECB
EUR Under PressureEURUSD is heading lower ahead of the April ECB meeting this afternoon. The bank is widely expected to give a strong signal that rate cuts are coming, starting in June. Pricing for a...
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