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Forex

NZDUSD H4 | Bearish reversal off pivot
NZDUSD H4 | Bearish reversal off pivot

TitleNZDUSD H4 | Bearish reversal off pivotTypeBearish ReversalPreference:Price has reversed from the pivot point at 0.60948 to drop lower. Could momentum carry price down to its 1st support at...

EURJPY H4 | Bullish bounce off overlap support
EURJPY H4 | Bullish bounce off overlap support

TitleEURJPY H4 | Bullish bounce off overlap supportTypeBullish BouncePreference:Price is close to the pivot point at 156.723 and could potentially reverse to bounce higher to hit the 1st resistance at...

Options Market Eyeing July BOJ Move
Options Market Eyeing July BOJ Move

Ueda Hints at Potential Policy ShiftIn the first clear sign that the BOJ is contemplating a shift in policy, BOJ’s Ueda told markets yesterday that the bank sees good reason for a shift in policy into...

Daily Market Outlook, June 29, 2023
Daily Market Outlook, June 29, 2023

Munnelly’s Market Commentary… Asian equity markets traded with mixed results as indecision prevailed heading towards the end of the month, quarter and half year. The performance followed a volatile...

EURUSD H4 | Bounce off 50% Fibo
EURUSD H4 | Bounce off 50% Fibo

TitleEURUSD H4 | Bounce off 50% FiboTypeBullish BouncePreference:Price is currently at our pivot point of 1.09085 which aligns with a 50.0% Fibo retracement level. We can expect a bounce off the 50.0%...

Daily Market Outlook, June 28, 2023
Daily Market Outlook, June 28, 2023

Daily Market Outlook, June 28, 2023Munnelly’s Market Commentary… Asian equity markets traded in a mixed fashion overnight, failing to fully sustain the momentum from the gains on Wall Street. The...

Hawkish RBA Expectations Fade On Soft Aussie CPI
Hawkish RBA Expectations Fade On Soft Aussie CPI

Aussie CPI SlipsThe Australian Dollar has fallen lower today on the back of the latest set of Aussie inflation figures overnight. CPI was seen cooling to 5.6% last month, down from the prior month’s...

USDJPY H4 | Reversal off -27.2%
USDJPY H4 | Reversal off -27.2%

TitleUSDJPY H4 | Reversal off -27.2%TypeBearish ReversalPreference:Price is currently in an overall bullish momentum, and heading towards our pivot point of 145.505. We are expecting a reversal at our...

GBPUSD H4 | Bounce off support
GBPUSD H4 | Bounce off support

TitleGBPUSD H4 | Bounce off supportTypeBullish BouncePreference:Price is currently near our pivot point of 1.26762. We are expecting a bounce off the support level, which is the pivot point, for price...