REAL TIME NEWS
In yesterday's commentary, I anticipated USD selling on strength, which materialized despite Oracle's results causing some risk concerns. The USD extended its decline, with all sectors selling USD. With no significant data today, focus shifts to next week... In yesterday's commentary, I anticipated USD selling on strength, which materialized despite Oracle's results causing some risk concerns. Th
CADJPY Daily Trade SetupIn this update we review the recent price action in CADJPY and identify the next high-probability trading opportunity and price objectives to target. To review today's video analysis, click here!... CADJPY Daily Trade SetupIn this update we review the recent price action in CADJPY and identify the next high-probability trading opportunity and pric
Gold Pushing HigherGold prices are on course to end the week firmly higher, bolstered by a weaker Dollar which fell as traders digested the latest Fed rate cut mid-week. Along with the .25% cut, Powell signalled that the bank would be watching incoming data and res... Gold Pushing HigherGold prices are on course to end the week firmly higher, bolstered by a weaker Dollar which fell as traders digested the latest Fed
UK Data DisappointsThe rally in GBP is stalling today after some weaker-than-forecast UK data this morning. The ONS reported that UK GDP fell 0.1% in October, in contrast to the 0.1% increase expected. This marks the fourth consecutive month without growth and has ... UK Data DisappointsThe rally in GBP is stalling today after some weaker-than-forecast UK data this morning. The ONS reported that UK GDP fell 0.1% in
Title USDJPY H1 I Bullish bounce off Type Bullish bounce Preference: The price has bounced off the pivot at 154.96, which is an overlap support. A bounce at this level could lead the price toward the 1st resistance at 156.61, a pullback resistance. Alternative Scen... Title USDJPY H1 I Bullish bounce off Type Bullish bounce Preference: The price has bounced off the pivot at 154.96, which is an overlap support. A bou
Title USDCHF H4 | Bearish continuation Type Bearish drop Preference: The price is rising towards the pivot at 0.7970, a pullback resistance. A reversal from this level could lead the price toward the 1st support at 0.7894, a multi-swing low support. Alternative Sce... Title USDCHF H4 | Bearish continuation Type Bearish drop Preference: The price is rising towards the pivot at 0.7970, a pullback resistance. A reversa
Title XAUUSD H1 | Bullish continuation setup Type Bullish bouncePreference: The price is falling towards the pivot at 4,238.80, which is a pullback support that aligns with the 38.2% Fibonacci retracement. A bounce from this level could lead the price toward the 1s... Title XAUUSD H1 | Bullish continuation setup Type Bullish bouncePreference: The price is falling towards the pivot at 4,238.80, which is a pullback su
Daily Market Outlook, December 12, 2025 Patrick Munnelly, Partner: Market Strategy, Tickmill GroupMunnelly’s Macro Minute…Buyers returned to US stocks after worries about Oracle's plans for significant capital investments in artificial intelligence infrastruct... Daily Market Outlook, December 12, 2025 Patrick Munnelly, Partner: Market Strategy, Tickmill GroupMunnelly’s Macro Minute…Buyers returned to US stocks
USD: struggles all the way," highlights a shifting landscape in global foreign exchange as we approach the end of 2025. The core narrative drives a bearish outlook for the US Dollar following a "more dovish-than-expected" Federal Reserve meeting. The... USD: struggles all the way," highlights a shifting landscape in global foreign exchange as we approach the end of 2025. The core narrative drives
Title USDCAD H4 I Falling towards multi swing low supportType Bullish reversal Preference: The price is falling towards the pivot at 1.3730, a multi swing low support level that aligns with the 61.8% Fibonacci projection. A bounce at this level could lead the price... Title USDCAD H4 I Falling towards multi swing low supportType Bullish reversal Preference: The price is falling towards the pivot at 1.3730, a multi s

Forex

US currency struggles to extend downside correction

US currency struggles to extend downside correction and upside pressure gradually takes upper hand. The dollar index (DXY) bounced back from 102 and rose to 102.50 points.Risk assets are also awaiting...

GBPUSD H4 | Potential bounce off support level

TitleGBPUSD H4 | Potential bounce off support levelTypeBullish BouncePreference:Price is falling towards our pivot point of 1.26815, which serves as a pullback support level. It aligns with both a...

USDJPY Pull Back As Traders Await Fed Comments

Muted USD Action for NowThe US Dollar looks to have fallen into limbo on the back of the FOMC last week. On the one hand, a pause in tightening from the Fed has seen USD weaken on the view that this...

Daily Market Outlook, June 19, 2023

Daily Market Outlook, June 19, 2023Munnelly’s Market Commentary… Asian equity markets traded in negative territory overnight as investors reacted to the losses on Wall Street from Friday. Market...

Yen Left Adrift as Bank of Japan’s Dovish Position Holds Steady

The dollar is gradually recovering after major losses last week:The plunge occurred on Thursday following the release of the US import price data. In May, import prices declined by 0.6% for the month,...

Bitcoin Bulls Seize the Initiative: What’s Next?

Bitcoin rebounded from the supporting level of 25200 and formed the hammer at the end of the trading week. The asset is likely to enter the resistance zone formed between levels 30000 and 31000,...

GBPJPY Rallying on Central Bank Divergence

GBPJPY is rallying hard at the start of the week. Hawkish expectations ahead of the BOE meeting later this week are reinforcing the divergence between the BOJ and the BOE. This disparity in monetary...

UK CPI On Watch Ahead of BOE

Mixed BOE ExpectationsOn the back of the Fed and ECB meetings last week, the BOE steps into the limelight this week. Traders are widely expecting the bank to push ahead with a fresh rate hike this...

ECB Delivers Hawkish Fireworks

EUR RallyingEUR is pushing firmly higher on the back of the June ECB meeting yesterday. The single currency spiked in response to a decidedly hawkish meeting from the bank. Yesterday I outlined that...