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Forex

Daily Market Outlook, June 13, 2023
Daily Market Outlook, June 13, 2023

Daily Market Outlook, June 13, 2023Munnelly’s Market Commentary… Asian equity markets traded mostly higher, taking cues from the gains on Wall Street. The S&P 500 and Nasdaq 100 reached their...

GBPUSD H1 | Potential bearish reversal
GBPUSD H1 | Potential bearish reversal

TitleGBPUSD H1 | Potential bearish reversalTypeBearish ReversalPreference:Price is currently at our pivot point of 1.25653 which lines up with a 78.6% Fibo retracement. A reverse from here. price...

USDCHF H4 | Bullish reversal from 61.8% Fibo
USDCHF H4 | Bullish reversal from 61.8% Fibo

TitleUSDCHF H4 | Bullish reversal from 61.8% FiboTypeBullish BouncePreference:Price is falling towards the pivot point of 0.90296 and could potentially reverse from here; we could see momentum carry...

AUDUSD H4 | Heading into resistance
AUDUSD H4 | Heading into resistance

TitleAUDUSD H4 | Heading into resistanceTypeBearish ReversalPreference:Price is rising towards the pivot point of 0.67953 and could potentially reverse from here; we could see momentum carry price...

Daily Market Outlook, June 12, 2023
Daily Market Outlook, June 12, 2023

Daily Market Outlook, June 12, 2023Munnelly’s Market Commentary… Asian equity markets traded with a mixed tone as the region approached a week filled with significant risk events, including major...

EUR/USD and Silver Bears are Still in the Game
EUR/USD and Silver Bears are Still in the Game

Last week the currency pair EUR/USD remained in the range and formed a pattern resembling a flag and signifying the potential continuation of the trend. Should the asset break the lower boundary of...

GBPUSD Day | React off resistance
GBPUSD Day | React off resistance

TitleGBPUSD Day | React off resistanceTypeBearish ReversalPreference:Price is currently at our pivot point of 1.25776 which is a pullback resistance level. A reverse from here. price could fall to 1st...

USDJPY H4 | Falling to support level
USDJPY H4 | Falling to support level

TitleUSDJPY H4 | Falling to support levelTypeBullish BreakoutPreference:Price is rallying to our pivot point of 139.923 which is a pullback resistance level. A reverse from here, price could fall to...

GBP Rallying As UK Sentiment Shifts
GBP Rallying As UK Sentiment Shifts

GDP Outlook ImprovingGBPUSD is trading back up towards the YTD highs today, extending gains seen across the back of last week, as sentiment towards the UK currency turns more favourable. The latest...