Daily Market Outlook, June 3, 2024Munnelly’s Macro Minute…“ECB & US Payrolls Data The Macro Drivers For The Start of June”Asian equity markets kicked off the week positively amid fluctuating...
S&P500 at a Crossroads: Potential Price Drop Ahead?
The price of the currency pair EUR/USD is gradually heading up, approaching the resistance level of 1.1000, and the downtrend formed between points 1 and 2. The price of this asset might rebound at...
GBPUSD H4 | Bearish reversal
TitleGBPUSD H4 | Bearish reversalTypeBearish ReversalPreference:Price is rising toward the pivot of 1.2776, a pullback resistance. A reverse from this level could lead the fall to 1st support at...
EURUSD H4 | Bullish bounce
TitleEURUSD H4 | Bullish bounceTypeBullish BouncePreference:Price is falling toward the pivot of 1.0840, an overlap support close to 38.2% Fibo retracement. A bounce from this level could lead the...
NZDUSD H4 | Potential Bullish Bounce
TitleNZDUSD H4 | Potential Bullish BounceTypeBullish BouncePreference:Price is falling towards the pivot point of 0.6114 which is a pullback support level and could potentially reverse from here; we...
GBPUSD M15 I Short term bullish bounce
TitleGBPUSD M15 I Short term bullish bounceTypeBullish BouncePreference:Price is falling toward the pivot of 1.2708, a pullback support close to 61.8% retracement. A reverse from this level could lead...
EURUSD On Watch Into Key US Data
US PCE Data DueWe’ve seen rather muted action across FX markets this week with most pairs simply treading water within recent ranges. However, today’s headline US core PCE data holds the power to...
Oil Drops On Weak China Data - US Inflation Next
Crude Falls BackFollowing a strong start to the week, oil prices have turned lower through the last few days with crude futures now down around 4% from the week’s highs. A combination of a stronger US...
EURUSD H1 | Bearish Drop
TitleEURUSD H1 | Bearish DropTypeBearish ReversalPreference:Price is rising toward the pivot of 1.0829, a pullback resistance level. A reverse from this level could lead the price to fall to 1st...
Cookie Policy: The Tickmill website uses cookies. By continuing browsing the page you automatically agree to our use of cookies. For more information on our cookie usage, on how to change cookies and their settings see our Cookies Policy.