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Forex

EURJPY H4 | Bullish bounce off 78.6% fibo?
EURJPY H4 | Bullish bounce off 78.6% fibo?

TitleEURJPY H4 | Bullish bounce off 78.6% fibo?TypeBullish BouncePreference:Price is falling to our pivot point at 157.04, which is a swing low support and at the 78.6% fibo retracement, and slightly...

Dollar Drop Nowhere In Sight As Q3 End Nears
Dollar Drop Nowhere In Sight As Q3 End Nears

USD Rally ContinuesThe US Dollar rally continues to gather pace as we head through the middle of the week. More importantly, as we round out Q3, many of those USD forecasts from Q2 calling for a lower...

EURUSD Plunging As Eurozone Lending Hit 2015 Lows
EURUSD Plunging As Eurozone Lending Hit 2015 Lows

EUR Selling ContinuesEURUSD remains under heavy selling pressure into the middle of the week. The latest eurozone data released today shows that bank lending to households in the eurozone rose by just...

EURUSD H4 | Bouncing off support?
EURUSD H4 | Bouncing off support?

TitleEURUSD H4 | Bouncing off support?TypeBullish BouncePreference:The price has just bounced off the pivot point at 1.05841, which aligns with 78.6% Fibo projection and 161.8% Fibo extension level. A...

AUDUSD H4 | Falling to pullback support
AUDUSD H4 | Falling to pullback support

TitleAUDUSD H4 | Falling to pullback supportTypeBullish BouncePreference:Price is falling towards the pivot point of 0.63998 which is a pullback support level and could potentially reverse from here;...

NZDUSD H4 | Potential bearish reversal
NZDUSD H4 | Potential bearish reversal

TitleNZDUSD H4 | Potential bearish reversalTypeBearish ReversalPreference:Price could rise towards the pivot point of 0.5985 which is a pullback resistance level and potentially reverse from here; we...

Daily Market Outlook, September 26, 2023
Daily Market Outlook, September 26, 2023

Daily Market Outlook, September 26, 2023Munnelly’s Market Commentary… Asian equity markets mostly traded lower, reflecting the mixed performance in the United States and concerns about rising yields....

CAD Rampage Continues - EURCAD Tests Key Support
CAD Rampage Continues - EURCAD Tests Key Support

 Oil Rally Driving CAD HigherThe Canadian Dollar has quickly become one of the best performers across the G10FX space in recent weeks. The rebound in oil prices has been a major driver of the shift...

USDCHF H4 | Falling to support level?
USDCHF H4 | Falling to support level?

TitleUSDCHF H4 | Falling to support level?TypeBearish ReversalPreference:Price has just reacted off our pivot point of 0.91297, a swing-high resistance level. A reversal from this point could lead the...