Loading...

Forex

Bitcoin Price Forecast: Potential Correction Ahead
Bitcoin Price Forecast: Potential Correction Ahead

The price of Bitcoin has formed a false breakout at the level of 68998, confirming the bullish trap. This means that the price of the asset is likely to undergo a correction soon. So, let’s observe...

GBPJPY H1 | Reacting off 50% Fibo
GBPJPY H1 | Reacting off 50% Fibo

TitleGBPJPY H1 | Reacting off 50% FiboTypeBearish ReversalPreference:Price is rising toward the pivot point of 191.80, a pullback resistance close to the 50% Fibonacci retracement level. A reversal...

King Dollar Reclaims Throne as Fed Board Member Douses Rate Cut Speculations
King Dollar Reclaims Throne as Fed Board Member Douses Rate Cut Speculations

The US Dollar has emerged as the undisputed monarch once again, buoyed by a confluence of factors sending ripples across the financial landscape. Fed Board Member Christopher Waller's decisive...

Daily Market Outlook, March 28, 2024
Daily Market Outlook, March 28, 2024

Daily Market Outlook, March 28, 2024Munnelly’s Macro Minute…“Markets Await Holiday US PCE Data & Powell Speech”Asian stock markets are experiencing a mix of trading on Thursday, as they respond to...

EURUSD H4 I Potential bearish reversal
EURUSD H4 I Potential bearish reversal

TitleEURUSD H4 I Potential bearish reversalTypeBearish ReversalPreference:Price is rising toward the pivot point of 1.0931, encountering overlap resistance close to the 50% Fibonacci retracement...

Daily Market Outlook, March 27, 2024
Daily Market Outlook, March 27, 2024

Daily Market Outlook, March 27, 2024Munnelly’s Macro Minute…“Markets Muted Ahead Of Holidays”On Wednesday, most Asian stock markets are trading lower due to negative cues from Wall Street and...

EURUSD M30 | Potential bearish reversal
EURUSD M30 | Potential bearish reversal

TitleEURUSD M30 | Potential bearish reversalTypeBearish ReversalPreference:Price rises toward the pivot point of 1.0844, an overlap resistance close to the 61.8% Fibo retracement. A reverse from this...

Aussie Slips on Weak CPI Reading
Aussie Slips on Weak CPI Reading

Aussie Under PressureThe Aussie Dollar is back under offer today following weaker-than-forecast inflation data overnight. Australian annualised CPI was seen holding at 3.4% last month, undershooting...

GBPUSD M15 I Bearish Drop
GBPUSD M15 I Bearish Drop

TitleGBPUSD M15 I Bearish DropTypeBearish ReversalPreference:Price rises toward the pivot point of 1.2645, an overlap resistance close to the 61.8%% Fibo retracement. A reverse from this level could...