TitleGBPUSD H4 | Rising into ResistanceTypeBullish reversalPreference:The price is falling towards the pivot level of 1.2975, which is a pullback support A reversal off this level could cause the...
Euro and Pound Struggle to Break Key Levels as Market Awaits Fresh Catalysts
The US labor market has delivered contrasting signals in September, complicating the outlook for employment trends and the Fed policy. The ADP report released on Wednesday revealed a robust addition...
GBPJPY D1 I Potential Bullish Reversal
TitleGBPJPY D1 I Potential Bullish ReversalTypeBullish BouncePreference:The price is falling towards the pivot level of 197.67, which is a pullback support. . A reversal off this level could cause...
Dollar Softens Ahead of ADP & GDP Data
Weaker Jobs Data SeenThe US Dollar is pulling back from recent highs today across early European trading. A weaker JOLTS job openings number yesterday has caused profit taking ahead of the NFP on...
Daily Market Outlook, October 29, 2024
Daily Market Outlook, October 29, 2024 Munnelly’s Macro Minute..."Mega Cap Tech Earnings Kick Off In Earnest, Ahead Of Pivotal Jobs Data Friday”Tuesday saw erratic trading in Asian stocks as...
FX Options Insight 29/10/24
FX Options Insight 29/10/24The influence of EUR/USD options is growing, with many options expiring at 1.0800. The EUR/USD pair continues to trade within well-established ranges, and without the...
USD Poised to Rise as Bearish Correction Concludes; Labor Market Surprises Ahead
The greenback resumed its advance on Wednesday, with the US Dollar Index seemingly completing a modest bearish retracement from 104.50 down to 104. Market participants are holding off on broad...
USDJPY Rally Continues Ahead of BOJ
Yen Weakness ContinuesUSDJPY continues to climb higher ahead of the Bank of Japan meeting later this week. On the back of the political upset seen in the recent Japanese elections, the BOJ is expected...
GBPCAD H4 I Potential Bullish Reversal
TitleGBPCAD H4 I Potential Bullish ReversalTypeBullish BouncePreference:The price is falling towards the pivot level of 1.7972, which is an overlap support that aligns close to a 23.6% Fibonacci...
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