The price of silver is testing a very important supporting level of 30.00, trying to form an engulfing at the same time. Once the formation of the engulfing is completed, the price of this asset might...
BCOUSD H4 | Potential Bullish Breakout
TitleBCOUSD H4 | Potential Bullish BreakoutTypeBullish BreakoutPreference:Price is rising towards the pivot point of 82.55 which is a potential breakout level and could climb higher from here; we...
Daily Market Outlook, June 12, 2024
Daily Market Outlook, June 12, 2024Munnelly’s Macro Minute…“A Potentially Wild Wednesday WIth US Inflation & FOMC On Deck ”During the Asian session, China experienced a 0.1% decrease in its...
Gold Sitting on Key Support Ahead of CPI & FOMC
Gold Traders Brace for FireworksGold prices are trading just above key support as traders brace for major volatility ahead of today’s US CPI report and June FOMC. On the back of stronger-than-forecast...
Crude Recovery Hinges on Fed Tomorrow
Crude Attempting to RecoverCrude prices are looking a little softer through the European morning session on Tuesday, but remain well up off last week’s lows. Crude futures are currently sitting just...
Daily Market Outlook, June 11, 2024
Daily Market Outlook, June 11, 2024Munnelly’s Macro Minute…“Markets Consolidate Ahead Of Wednesday's Data Double Header ”Asian markets are carefully assessing the impact of right-wing...
Make or Break Week For Gold
Gold Heavily Sold on NFP PopGold prices are trading very tentatively on the back of Friday’s sell-off. Gold futures fell more than 4% in response to the upside surprise in Friday’s US jobs data which...
Brent Oil Forecast: Potential Price Drop Ahead!
The price of Brent oil broke the lower boundary of the rectangle and rebounded to the broken side, which is located next to the downtrend. The asset’s price might potentially rebound from the crossing...
Daily Market Outlook, June 10, 2024
Daily Market Outlook, June 10, 2024Munnelly’s Macro Minute…“Markets Cautious On French Political Uncertainty ”President Macron's announcement to hold a sudden parliamentary election in France has...
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