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Indices

The dollar is Awaiting the Federal Reserve's Verdict Before Embarking on Further Rally
The dollar is Awaiting the Federal Reserve's Verdict Before Embarking on Further Rally

The US Dollar is undergoing a phase of consolidation on Friday, characterized by lower highs and higher lows, following a surge in volatility earlier this week. Traders find themselves in a state of...

Potential Bullish Breakout
Potential Bullish Breakout

TitlePotential Bullish BreakoutTypeBullish BreakoutPreference:Price is rising towards the pivot point of 37,506.96 which is a potential breakout level and could potentially move higher from here; we...

EUR/USD Analysis: Potential Price Rise Ahead
EUR/USD Analysis: Potential Price Rise Ahead

The price of the currency pair EUR/USD rebounded from the level of 1.1100 and dropped. The asset might gain the required support in the zone formed between levels 1.0640 and 1.0670, rebound, and rise....

Daily Market Outlook, January 18, 2024
Daily Market Outlook, January 18, 2024

Daily Market Outlook, January 18, 2024Munnelly’s Market Minute…“ECB Minutes Eyed, Lagarde Speaks Later”Asian markets had mixed trading, with most markets showing negative trends after central bank...

Daily Market Outlook, January 17, 2024
Daily Market Outlook, January 17, 2024

Daily Market Outlook, January 17, 2024Munnelly’s Market Minute…“UK Inflation Uptick Sees Sterling Higher”Asian stocks were under pressure due to the recent rise in yields and reduced expectations of...

Traders Scale Back Rate-Cut Expectations; A Risk-Averse Mood Pushes the Dollar Higher
Traders Scale Back Rate-Cut Expectations; A Risk-Averse Mood Pushes the Dollar Higher

The enthusiasm for pricing in rate cuts by major central banks appears to have reached its peak. The greenback is surging on Tuesday, fueled by headlines of former US President Donald Trump dominating...

Daily Market Outlook, January 16, 2024
Daily Market Outlook, January 16, 2024

Daily Market Outlook, January 16, 2024Munnelly’s Market Minute…“UK Wage Dip May Provide Cover For BoE”Asian stocks faced pressure in the absence of guidance from Wall Street, coupled with rising...

Daily Market Outlook, January 15, 2024
Daily Market Outlook, January 15, 2024

Daily Market Outlook, January 15, 2024Munnelly’s Market Minute…“Nikkei Tests Levels Not Seen Since 1990”Asian stocks traded within a narrow range due to the absence of significant catalysts over the...

Bitcoin Forecast: Buy the Rumor, Sell the News?
Bitcoin Forecast: Buy the Rumor, Sell the News?

The price of Bitcoin has gone south after a decision by the SEC Commission on the launch of several BTC ETFs. Afterwards, the asset’s price rebounded, dived under the resistance level of 45500, and...