Daily Market Outlook, February 20, 2024Munnelly’s Market Minute…“Sentiment Shaky As US Comes Back Online”Investor confidence has been unsettled by the Asia session, as U.S. equity futures falter and...
EURJPY H4 | Bearish drop
TitleEURJPY H4 | Bearish dropTypeBearish DropPreference:The price is trading at pivot at 161.839, the swing-high resistance. Price could reverse from the pivot and fall to the 1st support at 160.166,...
Aussie Bounces As RBA Keeps Tightening Risks Alive
Aussie Holds SupportThe Australian Dollar is trading slightly firmer today on the back of the latest RBA minutes, released overnight, holding at a key support level for now. The minutes showed that...
NZDJPY M15 I Potential bearish reversal
TitleNZDJPY M15 I Potential bearish reversalTypeBearish DropPreference:Price has jsut reacted off the pivot point of 92.24, an overlap resistance that aligns with the 61.8% Fibo retracement. A reverse...
EUR/USD Surges Past 1.0800 Mark as Dollar Struggles: Central Bank Caution in Focus
The EUR/USD pair continued its upward trajectory, breaching the 1.0800 mark on Tuesday, fueled by a weakened US Dollar struggling to find traction in the wake of normalized trading conditions...
GBPJPY H4 | Bullish bounce
TitleGBPJPY H4 | Bullish bounceTypeBullish BouncePreference:The price could bounce off the pivot at 188.86, the overlap support and a bounce could lead the price to rise to the 1st resistance at...
GBPUSD M15 I Bearish Drop
TitleGBPUSD M15 I Bearish DropTypeBearish DropPreference: Price is currently at the pivot point of 1.2612, A reverse from this level could lead the price to fall to 1st support at 1.2555, a...
EURUSD M15 I Bearish reversal
TitleEURUSD M15 I Bearish reversalTypeBearish DropPreference:Price is currently at the pivot point of 1.0777, A reverse from this level could lead the price to fall to 1st support at 1.0733, an...
Gold continued its triumphant streak for the third consecutive day on Monday. From a technical analysis perspective, buyers have not yet reached any specific target, but overall, they are approaching...
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