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Forex

Bank of Japan's Unexpected Rate Hike Jolts Markets, Yen SurgesArthur
Bank of Japan's Unexpected Rate Hike Jolts Markets, Yen SurgesArthur

The US Dollar Index (DXY), which benchmarks the dollar against a basket of six key currencies, has slipped below the critical 104.00 threshold on Wednesday. This decline mirrors growing concerns about...

GBPUSD H4 | Bullish Bounce
GBPUSD H4 | Bullish Bounce

TitleGBPUSD H4 | Bullish BounceTypeBullish BouncePreference:Price is falling toward the pivot point of 1.2777, an overlap support. A bounce from this level could lead the price to rise to 1st...

USDCHF D1 I Bullish Reversal
USDCHF D1 I Bullish Reversal

TitleUSDCHF D1 I Bullish ReversalTypeBullish BouncePreference:Price is falling toward the pivot point of 0.8708 a pullback support. A bounce from this level could lead the price to rise to 1st...

EURUSD H4 | Bearish reversal
EURUSD H4 | Bearish reversal

TitleEURUSD H4 | Bearish reversalTypeBullish BreakoutPreference:Price is rising toward the pivot point of 1.0833, overlap resistance. A reverse from this level could lead the price to fall to 1st ...

Greenback Rallies as Opponents Weaken Amid Technical Correction
Greenback Rallies as Opponents Weaken Amid Technical Correction

The US Dollar Index (DXY), a crucial barometer of the Greenback's strength against a basket of major currencies, tested 104.50 mark on Monday. This appreciation is largely attributed to market...

GBPUSD H4 | Bearish Drop
GBPUSD H4 | Bearish Drop

TitleGBPUSD H4 | Bearish DropTypeBearish DropPreference:Price is falling toward the pivot of 1.2849. A breakout from this level could lead the price to fall to 1st support of 1.2780, an overlap...

USDCHF H4 | Bearish reversal
USDCHF H4 | Bearish reversal

TitleUSDCHF H4 | Bearish reversalTypeBearish ReversalPreference:Price is rising toward the pivot point of 0.8876, an overlap resistance close to the 61.8% Fibonacci retracement level. A reverse from...

Daily Market Outlook, July 30, 2024
Daily Market Outlook, July 30, 2024

Daily Market Outlook, July 30, 2024Munnelly’s Macro Minute…“Month End Flows In Focus Ahead Of Central Bank Meetings ”Asian stock markets are trading mostly lower on Tuesday, as investors remain...

EURUSD H4 | Bullish Bounce
EURUSD H4 | Bullish Bounce

TitleEURUSD H4 | Bullish BounceTypeBullish BouncePreference:Price is falling toward the pivot of 1.0795, an overlap support close to 161.8% Fibo extension. A bounce from this level could lead the...