REAL TIME NEWS
TitleXAGUSD H1 | Falling towards major support Type Bullish bouncePreference:The price is falling towards the pivot at 47.73, which is an overlap support that aligns with the 38.2% Fibonacci retracement. A bounce from this level could lead the price toward the 1st ... TitleXAGUSD H1 | Falling towards major support Type Bullish bouncePreference:The price is falling towards the pivot at 47.73, which is an overlap supp
TitleGBPUSD H4 | Bullish reversal off Fibonacci confluence TypeBullish reversalPreference: The price has reacted off the pivot at 1.3120, a pullback support that aligns with the 161.8% Fibonacci extension and the 78.6% Fibonacci projection. A reversal at this level... TitleGBPUSD H4 | Bullish reversal off Fibonacci confluence TypeBullish reversalPreference: The price has reacted off the pivot at 1.3120, a pullback s
TitleAUDUSD H4 I Bullish bounce off strong supportTypeBullish bounce Preference: The price is falling towards the pivot at 0.6513, which is an overlap support that aligns with the 61.8% Fibonacci retracement and the 61.8% Fibonacci projection. A bounce from this l... TitleAUDUSD H4 I Bullish bounce off strong supportTypeBullish bounce Preference: The price is falling towards the pivot at 0.6513, which is an overla
Title EURUSD H4 I Potential bearish drop TypeBearish dropPreference:The price is rising towards the pivot at 1.1557, a pullback resistance that aligns with the 23.6% Fibonacci retracement. A reversal at this level could lead the price toward the 1st support at 1.14... Title EURUSD H4 I Potential bearish drop TypeBearish dropPreference:The price is rising towards the pivot at 1.1557, a pullback resistance that aligns
TitleUSOUSD H1 | Bullish reversal off pullback support Type Bullish bouncePreference:The price is falling towards the pivot at 60.41, which is a pullback support that aligns with the 50% Fibonacci retracement. A bounce from this level could lead the price toward th... TitleUSOUSD H1 | Bullish reversal off pullback support Type Bullish bouncePreference:The price is falling towards the pivot at 60.41, which is a pullb
Hawkish Fed Outlook ShiftThe US Dollar is on course to end the week firmly higher with the DXY remaining well-bid on the back of the shift in view from the Fed midweek. Despite cutting rates by a further .25% as expected, the Fed struck a decidedly less-dovish tone... Hawkish Fed Outlook ShiftThe US Dollar is on course to end the week firmly higher with the DXY remaining well-bid on the back of the shift in view fro
The month of October witnessed a notable shift in the currency market dynamics, particularly concerning the USD. Following a period of downtrend, the USD started to reverse its fortunes as the euro (EUR) rally began to lose momentum. At the same time, the selling p... The month of October witnessed a notable shift in the currency market dynamics, particularly concerning the USD. Following a period of downtrend, the
TitleAUDUSD H4 | Bearish reversal at overlap resistance TypeBearish reversalPreference: The price is rising towards the pivot at 0.6569, an overlap resistance that aligns with the 50% Fibonacci retracement. A reversal at this level could lead the price toward the 1... TitleAUDUSD H4 | Bearish reversal at overlap resistance TypeBearish reversalPreference: The price is rising towards the pivot at 0.6569, an overlap re
TitleUSDCAD H4 I Bearish drop offTypeBearish drop Preference: The price rejected off the pivot at 1.4000, which is an overlap resistance that aligns with the 61.8% Fibonacci retracement. A drop from this level could lead the price toward the 1st support at 1.3943,... TitleUSDCAD H4 I Bearish drop offTypeBearish drop Preference: The price rejected off the pivot at 1.4000, which is an overlap resistance that aligns
EURThe key developments impacting FX markets this week included Powell's pushback and the BOJ's lack of action. While the "trade deal" provided a temporary reprieve for dollar strength yesterday morning, the demand for the Greenback continued to... EURThe key developments impacting FX markets this week included Powell's pushback and the BOJ's lack of action. While the "trade deal&q

audusd

Daily Market Outlook, August 14, 2023

Daily Market Outlook, August 14, 2023Munnelly’s Market Commentary… Asian equity markets encountered downward pressure driven by ongoing economic concerns in China and apprehensions over developer...

Daily Market Outlook, August 11, 2023

Daily Market Outlook, August 11, 2023Munnelly’s Market Commentary… Asian equity markets made little positive progress overnight,influenced by a dovish reaction to post-CPI developments in the United...

Daily Market Outlook, August 10, 2023

Daily Market Outlook, August 10, 2023Munnelly’s Market Commentary… Asian equity markets posted mixed performance, as the local markets mostly remained range bound. A flurry of earnings releases...

Daily Market Outlook, August 9, 2023

Daily Market Outlook, August 9, 2023Munnelly’s Market Commentary… Asian equity markets are predominantly trading lower against the backdrop of a flurry of earnings releases. Participants are also...

AUDUSD H4 | Bullish reversal off pivot?

TitleAUDUSD H4 | Bullish reversal off pivot?TypeBullish BouncePreference:Price is approaching our pivot point at 0.6515, which is at a swing low support level. If price rejects this swing low support,...

Daily Market Outlook, August 8, 2023

Daily Market Outlook, August 8, 2023Munnelly’s Market Commentary… Asian equity markets saw a varied trading session. The initial sense of positivity driven by the favourable performance on Wall Street...

Daily Market Outlook, August 7, 2023

Daily Market Outlook, August 7, 2023Munnelly’s Market Commentary… Asian equity markets started the week on a mostly negative note, influenced by last Friday's late decline in Wall Street. The...

AUDUSD H4 | Bullish bounce off pivot?

TitleAUDUSD H4 | Bullish bounce off pivot?TypeBullish BouncePreference:Price is currently fluctuating between the 1st resistance and our pivot point. However, due to strong bearish momentum, we can...

Daily Market Outlook, August 4, 2023

Daily Market Outlook, August 4, 2023Munnelly’s Market Commentary… Asian equity markets experienced a mixed trading session as most bourses in the region lacked a clear direction. This uncertainty...