Daily Market Outlook, September 20, 2022 Overnight HeadlinesUS 10-Year Treasury Yield Rises To 3.5% For First Time Since 2011US Dollar Mixed As Markets Brace For Another Big Fed Rate IncreaseBitcoin...
GBP Rallies As UK Inflation Hits 10.1% - BOE Rate Forecasts Jump
UK Inflation Rises AgainThe latest set of UK inflation makes dizzying reading for UK consumers. Headline CPI hit 10.1% in July, marking an increase on the prior month’s 9.4% level and the highest...
Market Spotlight: GBPNZD Pattern Play
GBPNZD Level on WatchPrice action in GBPNZD is looking interesting here to the short side. The pair had been grinding higher in a corrective structure over the recovery off the 2022 lows. However,...
GBPNZD, H4 | Potential Bullish Momentum
Type: Bullish BounceKey Levels:Resistance: 1.95659Pivot: 1.93528Support: 1.92854Preferred Case:On the H4, with prices moving above the ichimoku indicator, we have a bullish bias that price will rise...
GBPNZD, H4 | Potential Bullish Momentum
Type: Bullish RiseKey Levels:Resistance: 1.96554Pivot: 1.94163Support: 1.92756Preferred Case:On H4, price is bouncing off Ichimoku indicator we have a bullish bias that price will rise from our pivot...
Market Spotlight: GBPNZD Structure Trade
GBPNZD Bear Flag on Watch Price action in GBPNZD is looking interesting here. The pair has been moving in a well-defined, corrective bull channel over the last month or so. Given the heavy decline...
GBPNZD H4 | Potential For A Rise!
Type: Bullish BounceKey Levels:Resistance: 1.93575 Pivot: 1.9185Support: 1.90841Preferred Case:On the H4, with price expected to continue moving within the ascending channel and expected to bounce off...
GBPNZD H4 | Potential For A rise
Type: Bullish BounceKey Levels:Resistance: 1.94491Pivot: 1.91575Support: 1.91067Preferred Case:On the H4, with price expected to bounce off the support of Ichimoku indicator, we have a bullish bias...
GBPNZD, H4 | Further Bearish Continuation
Type: Bearish ReversalKey Levels:Resistance: 1.91497Pivot: 1.91057Support: 1.89896Preferred Case:Prices are at a pivot. We see the potential for a dip from our Pivot at 1.91057 which is an area of...
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