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Forex

EURUSD H4 | Bearish reversal
EURUSD H4 | Bearish reversal

TitleEURUSD H4 | Bearish reversalTypeBearish ReversalPreference:Price is rising toward the pivot point of 1.0804, a pullback resistance close to the 50% Fibonacci retracement level. A reversal from...

USD Reacts to Mixed Inflation Data: Eyes on ECB Meeting
USD Reacts to Mixed Inflation Data: Eyes on ECB Meeting

The US Dollar is currently undergoing a knee-jerk reaction, with traders making slight adjustments to their Greenback positions following the release of the hot Consumer Price Index data from...

S&P500 Forecast: Potential Correction Underway!
S&P500 Forecast: Potential Correction Underway!

American stock index S&P500 keeps heading up. Currently, the price of this asset remains at the level of 5245. It might slightly rise in the future. However, the asset’s price is likely to undergo...

US Inflation Jolts Markets: USD Dominance on the Rise
US Inflation Jolts Markets: USD Dominance on the Rise

Today's market landscape saw the EUR/USD pair maintaining a subdued stance around the 1.0850 mark, as investors held their breath ahead of the eagerly awaited release of the US CPI. The BLS...

Daily Market Outlook, April 10, 2024
Daily Market Outlook, April 10, 2024

Daily Market Outlook, April 10, 2024Munnelly’s Macro Minute…“All Eyes On US Inflation For The Next Move In Markets”On Wednesday, Asian stocks traded higher despite Fitch's rating downgrade of...

GBPUSD M30 I Potential bearish reversal
GBPUSD M30 I Potential bearish reversal

TitleGBPUSD M30 I Potential bearish reversalTypeBearish ReversalPreference:Price is rising toward the pivot point of 1.2663, an overlap resistance. A reversal from this level could lead the price to...

Falling to Pullback Support
Falling to Pullback Support

TitleFalling to Pullback SupportTypeBullish BouncePreference:Price is falling towards the pivot point of 0.8568 which is a pullback support level and could potentially reverse from here; we could see...

US Dollar Eyes Exceptionalism Amidst Strong NFP and the Fed's Hawkish Stance
US Dollar Eyes Exceptionalism Amidst Strong NFP and the Fed's Hawkish Stance

The US Dollar opens the week on a bullish note, propelled by robust gains during both the Asian and European trading sessions. Bolstered by a stellar US Nonfarm Payrolls report last Friday, where job...

Approaching Pullback Resistance
Approaching Pullback Resistance

TitleApproaching Pullback ResistanceTypeBearish ReversalPreference:Price is rising towards the pivot point of 0.6615 which is a pullback resistance level and could potentially reverse from here; we...