Daily Market Outlook, August 22, 2024 Munnelly’s Macro Minute…"Dovish Fed Minutes Send Dollar To One-Year Lows”Following the generally positive signals from global markets overnight, Asian stock...
FX Options Insights 22/08/24
FX Options Insights 22/08/24Even if it is likely that the EUR/USD will continue to rise, it would be wise to protect yourself in case there is a short-term decline. To hedge against a decline in the...
Technical signal triggers Dollar recovery but soft US labor market data weighs on sentiment
The US Dollar began a rebound on Thursday after the Dollar Index (DXY) touched a yearly low, triggering traders to capitalize on a strong and clear technical signal:The latest revisions to the US...
EURUSD M15 I Bearish Drop
TitleEURUSD M15 I Bearish DropTypeBearish ReversalPreference:Price is rising toward the pivot of 1.1144, a pullback resistance. A drop from this level could lead the price to fall to 1st support at...
EURUSD H4 I Bullish Bounce
TitleEURUSD H4 I Bullish BounceTypeBullish BouncePreference:Price is falling toward the pivot of 0.8499, a pullback support close to 50% Fibo retracement and 127.2% Fibo extension. A bounce from this...
NZDUSD H4 I Bearish Drop
TitleNZDUSD H4 I Bearish DropTypeBearish dropPreference:Price is falling toward the pivot of 0.6145, a breakout from this level could lead the price to fall to 1st support at 0.6090, a pullback...
AUDUSD H4 | Bearish Reversal
TitleAUDUSD H4 | Bearish ReversalTypeBearish ReversalPreference:Price is rising toward the pivot of 0.6753, an overlap resistance. A drop from this level could lead the price to fall to 1st support at...
Daily Market Outlook, August 21, 2024
Daily Market Outlook, August 21, 2024 Munnelly’s Macro Minute…"Risk Rally Running Into Resistance”Asian stock markets are primarily trading lower on Wednesday, as a result of the broad negative...
EURUSD M15 | Bearish reversal
TitleEURUSD M15 | Bearish reversalTypeBearish ReversalPreference:Price is rising toward the pivot of 1.1124, an overlap resistance. a drop from this level could lead the price to fall to 1st support...
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