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EURUSD  H4 | Bearish Reversal
EURUSD  H4 | Bearish Reversal

TitleEURUSD  H4 | Bearish ReversalTypeBearish ReversalPreference:The price is moving up towards the pivot level of 1.1006, which acts as a pullback resistance. A drop from this level might cause the...

Market Analysis: Dollar Strengthens Amid Robust US Labor Data; Euro and Pound Weaken on Rate Cut Expectations
Market Analysis: Dollar Strengthens Amid Robust US Labor Data; Euro and Pound Weaken on Rate Cut Expectations

The US Dollar stalled after breaking out from the major bearish channel and reaching the key horizontal resistance level. The currency was buoyed by robust labor market data, released last Friday,...

USDCHF M15 I  Bearish Reversal
USDCHF M15 I  Bearish Reversal

TitleUSDCHF M15 I  Bearish ReversalTypeBearish ReversalPreference:The price is falling from the pivot level of 0.8543, which acts as a pullback support level. A bounce from this level might cause the...

USDJPY H4  | Bearish Reversal
USDJPY H4  | Bearish Reversal

TitleUSDJPY H4  | Bearish ReversalTypeBearish ReversalPreference:The price is falling from the pivot level of 144.40, which acts as a pullback support close to the 50% Fibonacci retracement. A bounce...

Daily Market Outlook, October 4, 2024
Daily Market Outlook, October 4, 2024

Daily Market Outlook, October 4, 2024 Munnelly’s Macro Minute…"Crude Spikes As Geopolitical Risk Rockets ”Escalating tensions in the Middle East have cast a shadow over global markets ahead of...

EURUSD  H4 | Bearish Breakout
EURUSD  H4 | Bearish Breakout

TitleEURUSD  H4 | Bearish BreakoutTypeBearish BreakoutPreference:The price is falling from the pivot level of 1.1008, which acts as an overlap support. A drop from this level might cause the price to...

GBPUSD  H4 | Bearish Reversal
GBPUSD  H4 | Bearish Reversal

TitleGBPUSD  H4 | Bearish Reversal TypeBearish Reversal Preference:The price is moving up towards the pivot level of 1.3156, which acts as a pullback resistance. A reversal at this level could cause...

EUR/USD at a Crossroads: What’s Next?
EUR/USD at a Crossroads: What’s Next?

The price of the currency pair EUR/USD rebounded from the resistance area. It is currently approaching the supporting level of 1.1000. On the one hand, it could potentially rebound from this support...

GBPUSD  H4 | Bearish Reversal
GBPUSD  H4 | Bearish Reversal

TitleGBPUSD  H4 | Bearish Reversal TypeBearish Reversal Preference:price is falling to the pivot of 1.3226, an overlap support close to 50% Fibo retracement. A reverse from this level could lead the...