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Forex

Daily Market Outlook, April 24, 2024

Daily Market Outlook, April 24, 2024Munnelly’s Macro Minute…“Tesla Short Squeeze On Expected Earnings Miss, Meta On Deck Later”On Wednesday, Asian stock markets are experiencing widespread gains,...

GBPUSD H1 | Bearish Drop

TitleGBPUSD H1 | Bearish DropTypeBearish DropPreference:Price is currently at the pivot point of 1.2455, A drop from this level could lead the price to fall to 1st support at 1.2395, a pullback...

EURUSD H4 | Bullish bounce

TitleEURUSD H4 | Bullish bounceTypeBullish BouncePreference:Price is falling toward the pivot point of 1.0679, a pullback support A bounce from this level could lead the price to rise to 1st...

Dollar Steady Amidst Geopolitical Calm, Eyes on US Data and Central Banks

In the wake of a relatively tranquil weekend marked by the absence of further escalations between Iran and Israel, the US Dollar has maintained its steady stance on Monday. Investors are breathing a...

Eurozone Strength Drives Dollar Softness Ahead of US PMI Release

Tuesday witnessed the US Dollar take a slight dip, paving the way for the Euro to rally across various fronts. This maneuvering occurred amidst a flurry of activity within the Eurozone, marked notably...

Approaching Pullback Resistance

TitleApproaching Pullback ResistanceTypeBearish ReversalPreference:Price is rising towards the pivot point of 0.6487 which is a pullback resistance level and could potentially reverse from here; we...

GBPUSD M30 | Bullish Bounce

TitleGBPUSD M30 | Bullish BounceTypeBullish BouncePreference:Price is falling toward the pivot point of 1.2322, a pullback support,  A bounce from this level could lead the price to rise  to 1st...

Daily Market Outlook, April 23, 2024

Daily Market Outlook, April 23, 2024Munnelly’s Macro Minute…“PMI Data On Deck Ahead Of Tesla Earnings Report”On Tuesday, most Asian stock markets are experiencing gains, influenced by the positive...

Falling to 50% Fibonacci Support

TitleFalling to 50% Fibonacci SupportTypeBullish BouncePreference:Price is falling towards the pivot point of 1.3671 which is a pullback support that aligns with the 50.0% Fibonacci retracement level...