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AUDUSD  H4 I Bearish Reversal
AUDUSD  H4 I Bearish Reversal

TitleAUDUSD  H4 I Bearish ReversalTypeBearish Reversal Preference:The price is moving up towards the pivot level of 0.6779, which acts as a pullback resistance.  A reversal at this level could cause...

Daily Market Outlook, October 14, 2024
Daily Market Outlook, October 14, 2024

Daily Market Outlook, October 14, 2024 Munnelly’s Macro Minute…"Markets Mixed As China Stimulus Remains Plans Remain Long On Rhetoric Short On Detail”Following the generally positive signals from...

Market Analysis: Euro Under Pressure Amid Persistent US Inflation and Diverging Central Bank Policies
Market Analysis: Euro Under Pressure Amid Persistent US Inflation and Diverging Central Bank Policies

Today’s market action reflects ongoing divergence between the US Federal Reserve and the ECB, driven by differing inflation dynamics and monetary policy trajectories. The EUR/USD pair slid back...

USDCAD  H4  | Bearish Reversal
USDCAD  H4  | Bearish Reversal

TitleUSDCAD  H4  | Bearish Reversal TypeBearish Reversal Preference:The price is moving up towards the pivot level of 1.3800, which acts as a pullback resistance close to the 161.80% Fibonacci...

GBPUSD  H4 | Bullish Reversal
GBPUSD  H4 | Bullish Reversal

TitleGBPUSD  H4 | Bullish ReversalTypeBullish ReversalPreference:price is currently at the pivot of 1.3065, a pullback resistance.  A fall  from this level could lead the price to fall to 1st support...

EURUSD  H4 | Bearish Reversal
EURUSD  H4 | Bearish Reversal

TitleEURUSD  H4 | Bearish Reversal TypeBearish Reversal Preference:The price is moving up towards the pivot level of 1.0954, which acts as an overlap resistance.  A reversal at this level could cause...

Pound Pushing Higher on Better Growth
Pound Pushing Higher on Better Growth

GDP Jumps in AugustGBP is rallying today on the back of better growth data released this morning. GDP was seen rising 0.2% in August, up from 0% prior. The rise was linked to a positive month for...

US CPI Data Signals Fragility in Disinflation Narrative, Boosting Treasury Yields and Pausing USD Rally
US CPI Data Signals Fragility in Disinflation Narrative, Boosting Treasury Yields and Pausing USD Rally

Today’s market action is a clear demonstration of the fragility in the disinflation narrative, with the latest US CPI data coming in hotter than expected across all components. This data puts a pause...

USDJPY H4 I Bearish Reversal
USDJPY H4 I Bearish Reversal

TitleUSDJPY H4 I Bearish ReversalTypeBearish Reversal Preference:The price is moving up towards the pivot level of 0.6121, which acts as a pullback resistance close to the 23.60 Fiboancci retracement....