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Forex

NZDUSD H1  I Bullish Reversal
NZDUSD H1  I Bullish Reversal

TitleNZDUSD H1  I Bullish Reversal TypeBullish Reversal Preference:Price is falling toward the pivot of 0.5923, a support that aligns with the 61.8 Fibonacci retracement. A bounce from this level...

US Inflation Report Brings No Surprises; DXY Appears Primed for Retracement
US Inflation Report Brings No Surprises; DXY Appears Primed for Retracement

On Wednesday, the US Dollar shows signs of slight retracement, although retaining the potential for further gains as higher US yields continue to bolster its momentum. Market sentiment around the...

USDCHF  H4 | Potential Bearish Reversal
USDCHF  H4 | Potential Bearish Reversal

TitleUSDCHF  H4 | Potential Bearish ReversalTypeBearish Reversal Preference:The price is moving towards the pivot level of 0.8820, which aligns with the 161.8% Fibo extension and 78.6% Fibo...

Daily Market Outlook, November 12, 2024
Daily Market Outlook, November 12, 2024

Daily Market Outlook, November 12, 2024 Munnelly’s Macro Minute…"Bitcoin Bulls Eyeing 100K”On Tuesday, Asian stocks declined while the dollar remained at four-month highs, but investor bets on...

FX Options Insights 12/11/24
FX Options Insights 12/11/24

FX Options Insights 12/11/24USDCNH - spot hits fresh highs not seen since August, the market is reportedly substantially long on the currency. Volumes of FX options have increased, especially for...

#DXY & #Gold Daily Trade Setups
#DXY & #Gold Daily Trade Setups

#DXY & #Gold Daily Trade SetupsIn this update we review the recent price action in the Dollar Index and spot Gold markets and identify the next high probability trading opportunities and price...

EUR and GBP Hit Support Amid Dollar Strength, Political Uncertainty in Europe
EUR and GBP Hit Support Amid Dollar Strength, Political Uncertainty in Europe

The Euro is experiencing significant depreciation against the Dollar, reaching near year-to-date lows around 1.06 on Tuesday. Two primary catalysts are the relative strength of the US Dollar on...

GBPUSD | Bullish Reversal
GBPUSD | Bullish Reversal

TitleGBPUSD | Bullish Reversal TypeBullish Reversal  Preference:price has just bounced off to the pivot of 1.2851, a multi-swing low support. A bounce from this level could lead the price to rise to...

Pound Breaks Support On Weak UK Jobs Data
Pound Breaks Support On Weak UK Jobs Data

Unemployment Rises, Wages FallThe British Pound is pushing lower this morning on the back of the latest UK labour market data released today. The unemployment rate was seen unexpectedly jumping to...