REAL TIME NEWS
Title GBPUSD H4 I Bearish reversal at major resistanceTypeBearish reversalPreference:The price is reacting off the pivot at 1.3607, an overlap resistance that is slightly below the 127.2% Fibonacci extension. A drop at this level could lead the price toward the 1st... Title GBPUSD H4 I Bearish reversal at major resistanceTypeBearish reversalPreference:The price is reacting off the pivot at 1.3607, an overlap resista
Gold Breaks OutGold prices have broken out to fresh record highs this week with the futures market soaring to 3,694.75, as of writing. The move comes amidst fresh weakness in the US Dollar has the greenback heads south ahead of tomorrow’s keenly awaited September F... Gold Breaks OutGold prices have broken out to fresh record highs this week with the futures market soaring to 3,694.75, as of writing. The move comes
TitleXAGUSD H1 | Bullish continuation Type Bullish bouncePreference:The price is falling towards the pivot at 42.34, which is a pullback support. A bounce from this level could lead the price toward the 1st resistance at 43.04, a resistance level that aligns with t... TitleXAGUSD H1 | Bullish continuation Type Bullish bouncePreference:The price is falling towards the pivot at 42.34, which is a pullback support. A bo
EUR Rallying After ECBEURUSD is trading up at two-month highs today as a weaker US Dollar helps boost the pair. Last week, the ECB held rates unchanged at 2% and struck an upbeat tone on growth and inflation, leading traders to scale back near-term easing expectati... EUR Rallying After ECBEURUSD is trading up at two-month highs today as a weaker US Dollar helps boost the pair. Last week, the ECB held rates unchange
SP500 LDN TRADING UPDATE 16/9/25WEEKLY & DAILY LEVELS***QUOTING ES1! CASH US500 EQUIVALENT LEVELS SUBTRACT ~61 POINTS***WEEKLY BULL BEAR ZONE 6625/15WEEKLY RANGE RES 6710 SUP 6570SEP MOPEX STRADDLE - 6260/6639SEP EOM STRADDLE - 6282/6638DAILY BULL BEAR ZONE 656... SP500 LDN TRADING UPDATE 16/9/25WEEKLY & DAILY LEVELS***QUOTING ES1! CASH US500 EQUIVALENT LEVELS SUBTRACT ~61 POINTS***WEEKLY BULL BEAR ZONE 6625
Key Messages - Ahead of this week’s FOMC meeting, we recommend taking profits on USD shorts, as we anticipate potential for a near-term counter-trend rally. US equities appear vulnerable to a pullback, and we favor downside strategies that capitalize on elevated sk... Key Messages - Ahead of this week’s FOMC meeting, we recommend taking profits on USD shorts, as we anticipate potential for a near-term counter-trend
US500, BTCUSD & XAUUSD Daily Trade SetupsIn this update we review the recent price action in the SP500, Bitcoin & Gold and identify the next high-probability trading opportunities and price objectives to target. To review today's video analysis, click ... US500, BTCUSD & XAUUSD Daily Trade SetupsIn this update we review the recent price action in the SP500, Bitcoin & Gold and identify the next h
Fed in FocusThe Loonie is on watch this week given the double central bank meetings we have tomorrow as both the BOC and the Fed give their September rate decisions. USD is weakening today ahead of the FOMC as traders brace for a dovish shift. The market is looking... Fed in FocusThe Loonie is on watch this week given the double central bank meetings we have tomorrow as both the BOC and the Fed give their September
London's FTSE 100 index dropped on Tuesday as investors considered varied corporate reports and remained wary ahead of central bank meetings, although rising metal miners helped to limit the declines. The latest UK labour market data presents a mixed picture. ... London's FTSE 100 index dropped on Tuesday as investors considered varied corporate reports and remained wary ahead of central bank meetings, alt
FX option implied volatility has been notably stagnant, hovering around long-term lows. This phenomenon can be attributed to a combination of subdued realised volatility and minimal perceived breakout risk, which has consequently kept demand muted within the market... FX option implied volatility has been notably stagnant, hovering around long-term lows. This phenomenon can be attributed to a combination of subdued

Forex

Dollar in Focus: Market Analysis and Outlook Following Central Bank Meetings

The Dollar Index on Monday is hovering near the neutral level of 102.50, indicating that the market has absorbed the major news from the past week. This, of course, refers to the parade of...

EURJPY H4 | Bounced off support line

TitleEURJPY H4 | Bounced off support lineTypeBullish BouncePreference:The price has bounce off the pivot point at 154.606, the pullback support level and is rising towards the 1st resistance level at...

Daily Market Outlook, December 18, 2023

Daily Market Outlook, December 18, 2023Munnelly’s Market Minute… Last week, a notable theme in the markets was a divergence in messaging from the Federal Reserve (Fed), Bank of England (BoE), and...

AUDUSD Breakout on Watch

Aussie On the UpThe Australian Dollar continues its attempted breakout today, fuelled by ongoing USD weakness. The shift in perspective on the Fed sets AUD up as a prime candidate for strength in...

USD Traders Eye Next Data Dump

USD Stays DownThe US Dollar remains under pressure as we commence the final full trading week of 2023. Last week, the Fed’s signal that rates will be cut next year acted as confirmation for those who...

GBPUSD H4 | Falling to support level?

TitleGBPUSD H4 | Falling to support level?TypeBearish ReversalPreference:Price is moving to our 1st support at 1.26175, the overlap support level from the pivot point at 1.27866, the swing high...

Dollar At Lows Ahead of PMIs

USD Under PressureThe Dollar Index is on course to end the week at its lowest level since August having shed around 2.4% since Monday’s opening price. The main driver behind the move lower this week...

Central Bank Meetings Overview: Igniting the Chase for Yield

This week saw a series of central bank meetings that delivered a plethora of surprises. In particular, the communication from both the Federal Reserve and the European Central Bank diverged from...

CHFJPY H4 | Potential bullish bounce?

TitleCHFJPY H4 | Potential bullish bounce?TypeBullish BouncePreference:Price is above the pivot point at 163.721, the pullback support, and could bounce off and rise to the 1st resistance level at...