TitleGBPUSD H4 | Bearish DropTypeBearish ReversalPreference:Price is approaching the pivot of 1.3184, an overlap resistance close to 50% Fibo retracement. A drop from this level could lead the price...
EUR/USD Rebound: Fed’s Rate Cut Speculation Puts Pressure on USD as Labor Market Weakens
The rebound of EUR/USD above the 1.1100 mark on Thursday highlights the vulnerability of the US Dollar to economic data that hints at a weakening labor market. The release of the ADP Employment Change...
GBPUSD H1 I Bullish Reversal
TitleGBPUSD H1 I Bullish ReversalTypeBullish BouncePreference:Price is falling toward the pivot of 1.3121, a pullback support close to 61.8% Fbi retracement. A Bounce from this level could lead the...
Brent Oil Forecast: Potential Price Rise Ahead
The price of Ethereum is trying to rebound from the lower boundary of the downtrend. It is also forming a hammer right now. If the price of this asset rises, it might either rebound from the...
USDCHF H4 | Bullish Bounce off
TitleUSDCHF H4 | Bullish Bounce offTypeBullish BouncePreference:Price is approaching the pivot of 0.8457, a pullback support close to 61.8% Fibo retracement. A Bounce from this level could lead the...
Daily Market Outlook, September 5, 2024
Daily Market Outlook, September 5, 2024Munnelly’s Macro Minute…"Markets Muted Ahead Of Pivotal Non-Farm Payrolls Friday” Following mixed signals from Wall Street overnight, Asian stock markets...
FX Options Insight 05/09/24
FX Options Insight 05/09/24 The U.S. jobs report from Friday is now included in overnight expiry FX options, and the increase in associated premiums may provide hints about the anticipated FX...
EURUSD H4 I Bullish Reversal
TitleEURUSD H4 I Bullish ReversalTypeBullish BouncePreference:Price is falling toward the pivot of 1.1057, a pullback support close to 50% Fibo retracement. A bounce from this level could lead the...
EURJPY H4 | Bearish Reversal
TitleEURJPY H4 | Bearish ReversalTypebullish breakoutPreference:Price is rising toward the pivot of 161.20, a pullback resistance close to 38.2% Fibo retracement. A reverse from this level could lead...
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