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Forex

NZDUSD H4 | Approaching pullback support
NZDUSD H4 | Approaching pullback support

TitleNZDUSD H4 | Approaching pullback support TypeBullish ReversalPreference:Price is falling towards the pivot point of 0.62973 and could potentially reverse from here; we could see momentum carry...

Downside EURUSD Correction Stalls but US Retail Sales Data Points to Dollar Strength
Downside EURUSD Correction Stalls but US Retail Sales Data Points to Dollar Strength

The US stock market closed in the green on Monday, helping to stabilize sentiment on Tuesday. The decision regarding the rebalancing of the Nasdaq index had no unexpected consequences, which itself...

AUDJPY H4 | Falling to swing-low support
AUDJPY H4 | Falling to swing-low support

TitleAUDJPY H4 | Falling to swing-low supportTypeBullish ReversalPreference:Price is falling towards the point of 93.351 and could potentially reverse from here; we could see momentum carry price up...

GBPUSD H1 | React off resistance?
GBPUSD H1 | React off resistance?

TitleGBPUSD H1 | React off resistance?TypeBearish reversalPreference:Price has just reacted off our pivot point at 1.3098 which is an overlap resistance level. A reverse from here, it could fall to...

Daily Market Outlook, July 18, 2023
Daily Market Outlook, July 18, 2023

Daily Market Outlook, July 18, 2023Munnelly’s Market Commentary… Asian equity markets failed to sustain the momentum from Wall Street. The Nikkei 225 initially made gains upon its return from a long...

Market Adjustments and Inflation Slowdown: Implications for the Dollar
Market Adjustments and Inflation Slowdown: Implications for the Dollar

Last week, there was a significant adjustment in financial markets to the new reality, where sticky high inflation in the US may not be an issue anymore. This was primarily driven by the US inflation...

USDJPY H4 | React off resistance level?
USDJPY H4 | React off resistance level?

TitleUSDJPY H4 | React off resistance level?TypeBearish ReversalPreference:Price is approaching our pivot point of 138.879 which is an overlap support level that aligns with 23.6% Fibo retracement. A...

Daily Market Outlook, July 17, 2023
Daily Market Outlook, July 17, 2023

Daily Market Outlook, July 17, 2023Munnelly’s Market Commentary… Asian equity markets started the week on a subdued note as market participants digested mixed economic growth and activity data from...

AUDUSD H4 | Potential Bullish Bounce?
AUDUSD H4 | Potential Bullish Bounce?

TitleAUDUSD H4 | Potential Bullish Bounce?TypeBullish ReversalPreference:Price is falling towards the pivot point of 0.68046 and could potentially reverse from here; we could see momentum carry price...