The EUR/USD pair continues to ride its winning streak, now extending for the seventh consecutive day, propelled by a weakening US Dollar in defiance of market expectations of sustained higher interest...
Daily Market Outlook, February 22, 2024
Daily Market Outlook, February 22, 2024Munnelly’s Market Minute…“Nvidia & The AI Tipping Point Sees Risk Sentiment Soar”Most markets in the Asian region saw gains, driven by the positive...
GBPUSD H4 | Bearish Drop
TitleGBPUSD H4 | Bearish DropTypeBearish ReversalPreference:Price is rising toward the pivot point of 1.2655, an overlap resistance. A reverse from this level could lead the price to fall to 1st...
EURUSD H4 | Bearish reversal
TitleEURUSD H4 | Bearish reversalTypeBearish ReversalPreference:Price is rising toward the pivot point of 1.0851, a pullback resistance level. A reverse from this level could lead the price to fall to...
Daily Market Outlook, February 21, 2024
Daily Market Outlook, February 21, 2024Munnelly’s Market Minute…“Markets On Nvidia Earnings Watch”This morning, Asian stock markets are showing a varied performance, with Chinese indices gaining while...
Heading into 50% Fibonacci Resistance
TitleHeading into 50% Fibonacci ResistanceTypeBearish ReversalPreference:Price is rising towards the pivot point of 0.62032 which is an overlap resistance that aligns with the 50.0% Fibonacci...
Falling to 38.2% Fibonacci Support
TitleFalling to 38.2% Fibonacci SupportTypeBullish BouncePreference:Price is falling towards the pivot point of 1.35095 which is an overlap support that aligns with the 38.2% Fibonacci retracement...
Euro's Momentum Slows Amidst Fed Speculation and Central Bank Caution
The EUR/USD pair, which has embarked on a bullish trajectory since February 14, encountered hurdles today as it relinquished some of its intraday gains. The Asian session witnessed a surge in the...
BOC Easing in Focus As CAD CPI Slips Further
BOC in FocusThe Canadian Dollar has softened a little on the back of yesterday’s inflation data. Canadian CPI was seen declining again last month, further dampening tightening expectations. The BOC...
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