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Forex

EURUSD  H4 | Bullish Bounce
EURUSD  H4 | Bullish Bounce

TitleEURUSD  H4 | Bullish BounceTypeBullish BouncePreference:price has just bounced off the pivot of 1.0942, an overlap support close to the 127.20% Fibonacci extension.  A bounce from this level...

USDJPY H4 I Bearish Reversal
USDJPY H4 I Bearish Reversal

TitleUSDJPY H4 I Bearish ReversalTypeBearish Reversal Preference:price is currently at the pivot of 149.34, an overlap resistance close to the 161.8% Fibo extension and  61.80& Fibo retracement. A...

FX Options Insights 10/09/24
FX Options Insights 10/09/24

FX Options Insights 10/09/24Price activity in FX options points to traders expecting a period of reduced FX volatility prior to an early November revival.Options expiring at the end of October have...

Daily Market Outlook, October 10, 2024
Daily Market Outlook, October 10, 2024

Daily Market Outlook, October 10, 2024Munnelly’s Macro Minute…"PBOC’s 500bln Yuan Facility Supporting Risk Sentiment. US Inflation Data Eyed”Asian stocks received a boost on Thursday from Chinese...

GBPUSD  H4 | Bullish Reversal
GBPUSD  H4 | Bullish Reversal

TitleGBPUSD  H4 | Bullish ReversalTypeBullish ReversalPreference:price has just bounced off the pivot of 1.3058, an overlap support close to the 50% Fibonacci retracement.  A bounce from this level...

Daily Market Outlook, October 9, 2024
Daily Market Outlook, October 9, 2024

Daily Market Outlook, October 9, 2024 Munnelly’s Macro Minute…"Chinese Markets Post Pandemic Scale Losses As Stimulus Hopes Subside”China's soaring stock market experienced a sharp decline...

Kiwi Sinks As RBNZ Slash Rates
Kiwi Sinks As RBNZ Slash Rates

RBNZ Cuts AgainThe New Zealand Dollar has come under heavy selling pressure through early European trading on Wednesday following the latest rate cut from the RBNZ overnight. The central bank cut...

AUDUSD  H4 | Bearish Drop
AUDUSD  H4 | Bearish Drop

TitleAUDUSD  H4 | Bearish Drop TypeBearish Drop Preference:price has just reacted off the pivot of 0.6749, an overlap resistancet.  A fall from this level could lead the price to drop to 1st support...

USDCHF  H4  | Bearish Reversal
USDCHF  H4  | Bearish Reversal

TitleUSDCHF  H4  | Bearish Reversal TypeBearish Reversal Preference:The price is moving up towards the pivot level of 0.8622, which acts as a pullback resistance close to the 127.20% Fibonacci...