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Forex

EURJPY  H4 | Bullish Bounce
EURJPY  H4 | Bullish Bounce

TitleEURJPY  H4 | Bullish Bounce TypeBullish Bounce Preference:Price is falling toward the pivot of 157.99, an overlap resistance. A bounce  from this level cold the price to rise to 1st resistance ...

EURUSD H4 | Bearish Reversal
EURUSD H4 | Bearish Reversal

TitleEURUSD H4 | Bearish ReversalTypeBearish ReversalPreference:price is rising toward the pivot of 1.1072, a pullback resistance. A reverse from this level could lead the price to fall to 1st support...

Daily Market Outlook, September 10, 2024
Daily Market Outlook, September 10, 2024

Daily Market Outlook, September 10, 2024 Munnelly’s Macro Minute…"Markets Rebound, While China Concerns Linger, US Presidential Debate Eyed”On Tuesday, Asian stocks experienced a modest advance;...

FX Options Insight 10/09/24
FX Options Insight 10/09/24

FX Options Insight 10/09/24As a result of the mixed U.S. jobs data released on Friday, FX volatility risk premiums were priced out, resulting in a decline in implied volatility. Consequently, FX has...

EURUSD Falling As Traders Eye Fresh ECB Rate-Cut
EURUSD Falling As Traders Eye Fresh ECB Rate-Cut

ECB on WatchEURUSD is in the red through early European trading on Monday as a stronger US Dollar takes its toll on the single currency. This week, traders will be focusing on the latest ECB meeting...

FX Options Insight 09/09/24
FX Options Insight 09/09/24

FX Options Insight 09/09/24 There has been a slight change in sentiment since the muddled U.S. jobs data released on Friday, which decreased the likelihood of a 50bps rate cut by the U.S. Federal...

GBPUSD H4 | Bearish Reversal
GBPUSD H4 | Bearish Reversal

TitleGBPUSD H4 | Bearish ReversalTypeBearish ReversalPreference:price is rising toward the pivot of 1.3156, a pullback resistance. A reverse from this level could lead the price to fall to 1st support...

USD Gains Momentum as Mixed US Jobs Data and Eurozone Weakness Shape Forex Sentiment
USD Gains Momentum as Mixed US Jobs Data and Eurozone Weakness Shape Forex Sentiment

The forex market started the week with a notable downward move in the EUR/USD pair, falling below the 1.1050 mark during the New York session. This decline is largely driven by the aftermath of a...

EURUSD H4 I Bearish Drop
EURUSD H4 I Bearish Drop

TitleEURUSD H4 I Bearish DropTypeBearish ReversalPreference:Price has just reacted the pivot of 1.1084, an overlap  resistance close to 50% Fibo retracement. A drop from this level could lead the...