Daily Market Outlook, October 8, 2024 Munnelly’s Macro Minute…"China Policymakers Broad Strokes Stimulus Rhetoric Disappoints Investors”Investors were let down when Beijing policymakers provided...
US Dollar Price Action Muted as Markets Await US CPI Report
The greenback is striving to regain traction after modest declines over the past two sessions. The rally apparently stalls after bullish breakout of the major descending channel and testing of the...
USDJPY H4 | Bullish Bounce
TitleUSDJPY H4 | Bullish BounceTypeBullish BouncePreference:The price is falling from the pivot level of 147.10, which acts as a pullback support close to the 23.60% Fibonacci retracement. A bounce...
USDCHF M15 I Bullish Bounce
TitleUSDCHF M15 I Bullish BounceTypeBullish BouncePreference:The price is falling from the pivot level of 0.8509, which acts as an overlap support level close to the 50% Fibo retracement. A bounce...
GBPUSD H4 | Bullish Bounce
TitleGBPUSD H4 | Bullish BounceTypeBullish BouncePreference:The price is falling from the pivot level of 1.3031 which acts as an overlap support close to the 50% Fibonacci retracement. A bounce from...
USDCAD H4 | Bullish Reversal
TitleUSDCAD H4 | Bullish ReversalTypeBullish ReversalPreference:The price is falling from the pivot level of 1.3570, which acts as an overlap support leve. A bounce from this level might cause the...
USDJPY H4 | Bullish Bounce
TitleUSDJPY H4 | Bullish BounceTypeBeaullish BouncePreference:The price is falling from the pivot level of 147.16, which acts as a pullback support close to the 61.80% Fibonacci retracement. A bounce...
Brent Oil Forecast: Potential Price Rise Ahead
The price of Brent oil confidently broke the level of 75.70, signifying the formation of the double bottom. This pattern always marks the beginning of the trend reversal. Should the price of this...
Daily Market Outlook, October 7, 2024
Daily Market Outlook, October 7, 2024 Munnelly’s Macro Minute…"US Exceptionalism Narritive Gains Momentum Ahead Of Inflations Data”From concerns about a U.S. economic "hard landing",...
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