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Forex

USDJPY H4 | Falling to overlap support

TitleUSDJPY H4 | Falling to overlap supportTypeBullish BouncePreference:Price is falling towards the pivot point of 144.206 and could potentially reverse from here; we could see momentum carry price...

Daily Market Outlook, July 04, 2023

Daily Market Outlook, July 04, 2023Munnelly’s Market Commentary… Wall Street saw slight gains in a range bound trading session ahead of the Independence Day holiday. The market remained cautious, and...

NZDUSD H4 | Bearish reversal off pivot point

TitleNZDUSD H4 | Bearish reversal off pivot pointTypeBearish ReversalPreference:Price is approaching our pivot point at 0.6188 which is a multi swing high resistance. Price could potentially become...

Aussie Rallies Despite RBA Rate Pause

RBA Holds Rates SteadyThe Australian Dollar is trading with a bid tone across the European open on Tuesday. The rally comes despite the RBA holding rates unchanged overnight at its July monetary...

USDCAD H4 | Potential bearish reversal

TitleUSDCAD H4 | Potential bearish reversalTypeBearish ReversalPreference:Price is rising towards the pivot point of 1.3283 and could potentially reverse from here; we could see momentum carry price...

EURUSD H4 | Bounce off Support

TitleEURUSD H4 | Bounce off SupportTypeBullish BouncePreference:Price is falling to our pivot point of 1.08363 which is swing low support level that aligns with a 50% Fibo retracement. A reverse from...

USDCHF H4 | Heading into resistance

TitleUSDCHF H4 | Heading into resistanceTypeBearish ReversalPreference:Price is rising towards the pivot point of 0.90124 and could potentially reverse from here; we could see momentum carry price...

EURUSD Softer Ahead of US Manufacturing PMI

Manufacturing PMI on WatchThe US Dollar is back in focus today with the latest US ISM manufacturing reading due later. Recent strength in US data has been feeding into market expectations of fresh...

CHF Slips On Soft Swiss CPI

Swiss Inflation CoolsThe Swiss Franc has weakened today on the back of the latest Swiss inflation numbers. CPI for last month was seen rising just 0.1%, down from 0.3% prior and below the 0.2% the...