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Title NZDUSD H4 | Potential Bullish BounceType Bullish BouncePreference: Price is falling towards the pivot point of 0.6114 which is a pullback support level and could potentially reverse from here; we could see momentum carry price up to its 1st resistance at 0.61... Title NZDUSD H4 | Potential Bullish BounceType Bullish BouncePreference: Price is falling towards the pivot point of 0.6114 which is a pullback suppor
Title BCOUSD H1 | Falling to Swing-low SupportType Bullish BouncePreference: Price is falling towards the pivot point of 80.93 which is a swing-low support level and could potentially reverse from here; we could see momentum carry price up to its 1st resistance at ... Title BCOUSD H1 | Falling to Swing-low SupportType Bullish BouncePreference: Price is falling towards the pivot point of 80.93 which is a swing-low su
US Inflation Data on WatchThe Nasdaq is reversing sharply lower today ahead of the latest US core PCE data due this afternoon. Losses kicked in yesterday on the back of the downward revision to Q1 GDP which was recorded at 1.3% from 1.6% prior. The drop has raised ... US Inflation Data on WatchThe Nasdaq is reversing sharply lower today ahead of the latest US core PCE data due this afternoon. Losses kicked in yester
In Friday's trading session, the EUR/USD surged above 1.0850 mark, bolstered by stronger-than-expected inflation figures from the Eurozone. According to Eurostat, the Harmonized Index of Consumer Prices showed an annual increase of 2.6% for May, surpassing bot... In Friday's trading session, the EUR/USD surged above 1.0850 mark, bolstered by stronger-than-expected inflation figures from the Eurozone. Accor
Daily Market Outlook, May 31, 2024Munnelly’s Macro Minute…“Month End Flows & Inflation Data In Focus”On Friday, Asian stocks saw an increase and are set to mark the fourth consecutive month of gains. Meanwhile, the dollar remained stagnant, causing the yen to s... Daily Market Outlook, May 31, 2024Munnelly’s Macro Minute…“Month End Flows & Inflation Data In Focus”On Friday, Asian stocks saw an increase and a
Title GBPUSD M15 I Short term bullish bounceType Bullish BouncePreference: Price is falling toward the pivot of 1.2708, a pullback support close to 61.8% retracement. A reverse from this level could lead the price to rise to 1st resistance at 1.2735, a pullback res... Title GBPUSD M15 I Short term bullish bounceType Bullish BouncePreference: Price is falling toward the pivot of 1.2708, a pullback support close to 61
US PCE Data DueWe’ve seen rather muted action across FX markets this week with most pairs simply treading water within recent ranges. However, today’s headline US core PCE data holds the power to inject some momentum back into markets. On the back of a slew of hawk... US PCE Data DueWe’ve seen rather muted action across FX markets this week with most pairs simply treading water within recent ranges. However, today’s
Title EURUSD H1 | Bearish DropType Bearish ReversalPreference: Price is rising toward the pivot of 1.0829, a pullback resistance level. A reverse from this level could lead the price to fall to 1st support at 1.079, a swing-low support level.Alternative scenario: I... Title EURUSD H1 | Bearish DropType Bearish ReversalPreference: Price is rising toward the pivot of 1.0829, a pullback resistance level. A reverse from
Crude Falls BackFollowing a strong start to the week, oil prices have turned lower through the last few days with crude futures now down around 4% from the week’s highs. A combination of a stronger US Dollar and weak data out of China have hit sentiment into the ba... Crude Falls BackFollowing a strong start to the week, oil prices have turned lower through the last few days with crude futures now down around 4% fro
The price of Bitcoin keeps testing the resistance level of 68998 but to no avail. Now, the price of this asset is heading south and targeting the psychological level of 60000. In general, it looks like the price of Bitcoin might drop soon. So, let’s observe what mi... The price of Bitcoin keeps testing the resistance level of 68998 but to no avail. Now, the price of this asset is heading south and targeting the psyc

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Latest News

NZDUSD H4 | Potential Bullish Bounce
Added May 31, 2024 By Desmond Leong
BCOUSD H1 | Falling to Swing-low Support
Added May 31, 2024 By Desmond Leong
US Tech Stocks Reversing Ahead of PCE Release
Added May 31, 2024 By James Harte
Eur/usd Sentiment Improves After EU Inflation Data as Markets Pare Bets on Dovish ECB Stance
Added May 31, 2024 By Arthur Idiatulin
Daily Market Outlook, May 31, 2024
Added May 31, 2024 By Patrick Munnelly
GBPUSD M15 I Short Term Bullish Bounce
Added May 31, 2024 By Desmond Leong
EURUSD On Watch Into Key US Data
Added May 31, 2024 By James Harte
EURUSD H1 | Bearish Drop
Added May 31, 2024 By Desmond Leong
Oil Drops On Weak China Data - US Inflation Next
Added May 31, 2024 By James Harte
Bitcoin Forecast: Potential Price Drop Ahead
Added May 30, 2024 By Oleg Svirgun

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