REAL TIME NEWS
TitleXAUUSD H1 | Potential bearish drop Type Bearish dropPreference:The price is reacting off the pivot at 4,013.90, which is an overlap resistance. A reversal from this level could lead the price toward the 1st support at 3,961.35, a pullback support. Alternative ... TitleXAUUSD H1 | Potential bearish drop Type Bearish dropPreference:The price is reacting off the pivot at 4,013.90, which is an overlap resistance. A
TitleUSDCHF H4 | Potential bearish drop TypeBearish dropPreference: The price is rising towards the pivot at 0.8067, a pullback resistance level that aligns with the 38.2 Fibonacci retracement. A reversal at this level could lead the price toward the 1st support at... TitleUSDCHF H4 | Potential bearish drop TypeBearish dropPreference: The price is rising towards the pivot at 0.8067, a pullback resistance level that
Title EURUSD H1 I Bullish bounce off pullback support TypeBullish bouncePreference:The price is falling towards the pivot at 1.1540, a pullback support that aligns with the 38.2% Fibonacci retracement. A bounce at this level could lead the price toward the 1st resi... Title EURUSD H1 I Bullish bounce off pullback support TypeBullish bouncePreference:The price is falling towards the pivot at 1.1540, a pullback suppor
TitleUSDJPY M30 I Bearish reversal off overlap resistance TypeBearish reversal Preference: The price is rising towards the pivot at 153.71, which is an overlap resistance that aligns with the 61.8% Fibonacci retracement. A reversal from this level could lead the pr... TitleUSDJPY M30 I Bearish reversal off overlap resistance TypeBearish reversal Preference: The price is rising towards the pivot at 153.71, which is a
BOE Holds Rates SteadyGBPUSD is softening again today after the pair enjoyed a solid recovery rally yesterday as the BOE left rates on hold. GBPUSD jumped around .7% in response to the unchanged decision from the BOE, with the move amplified by an accompanying sell... BOE Holds Rates SteadyGBPUSD is softening again today after the pair enjoyed a solid recovery rally yesterday as the BOE left rates on hold. GBPUSD ju
EURYesterday, I stepped out of a meeting feeling as though the world had ended. Five inquiries from IBs followed, speculating if the Challenger layoff numbers, which had been released five hours earlier, were the cause. That alone says a lot about the current senti... EURYesterday, I stepped out of a meeting feeling as though the world had ended. Five inquiries from IBs followed, speculating if the Challenger layoff
Title EURUSD H4 I Bearish reversal off pullback resistance TypeBearish reversalPreference:The price is rising towards the pivot at1.1581, a pullback resistance that is slightly above the 38.2% Fibonacci retracement. A reversal at this level could lead the price tow... Title EURUSD H4 I Bearish reversal off pullback resistance TypeBearish reversalPreference:The price is rising towards the pivot at1.1581, a pullback r
Stock Sell-Off ContinuesUS Stocks remain under pressure as we head into the weekend with the S&P slipping over 1% yesterday and the ANSDAQ more than 2% as AI-linked selling intensified. Market leader NVIDIA saw a fresh wipeout with the stock plunging by almost ... Stock Sell-Off ContinuesUS Stocks remain under pressure as we head into the weekend with the S&P slipping over 1% yesterday and the ANSDAQ more th
Bitcoin briefly traded below $100,000 this week, a level not seen since June. Ethereum has wiped out all year-to-date gains. This analysis is exclusively for Goldman Sachs clients.The typically positive October seasonality failed to materialise this year, with BTC,... Bitcoin briefly traded below $100,000 this week, a level not seen since June. Ethereum has wiped out all year-to-date gains. This analysis is exclusiv
TitleXAGUSD H4 | Potential bearish reversal Type Bearish reversalPreference:The price is rising towards the pivot at 48.98, which is an overlap resistance. A reversal from this level could lead the price toward the 1st support at 44.35, a pullback support that alig... TitleXAGUSD H4 | Potential bearish reversal Type Bearish reversalPreference:The price is rising towards the pivot at 48.98, which is an overlap resist

Forex

Bearish Dollar Risks Into Today's Data

USD Softens Following FOMC RallyThe US Dollar is turning lower today as traders await the next set of US data inputs due later. On the back of the FOMC last week, the Dollar had initially rallied....

Bearish Momentum to Extend

TitleBearish Momentum to ExtendTypeBearish BreakoutPreference:Price could fall towards the pivot point of 0.65120 which is a potential breakout level and could drop lower from here; we could see...

USDJPY Holds At Highs As BOJ Fears Grow

BOJ Intervention WarningFears of BOJ intervention in the JPY FX rate have ratcheted higher today on the back of comments from Japanese Fin Min Masato Kanda.  Kanda said that movements in JPY are not...

Daily Market Outlook, March 25, 2024

Daily Market Outlook, March 25, 2024Munnelly’s Macro Minute…“Nikkei Retreats Into A Holiday Shortened Week”On Monday, Asian stock markets are trading with a mix of results, influenced by the global...

Potential Bearish Breakout

TitlePotential Bearish BreakoutTypeBearish BreakoutPreference:Price could fall towards the pivot point of 1.25814 which is a potential breakout level and could drop lower from here; we could see...

EUR/USD Sees Modest Rise Amidst Dollar Weakness

At the dawn of the trading week, the EUR/USD pair has started on a modestly positive note, edging higher by 0.2%, but remaining below the intraday resistance level at 1.0850. This upward movement...

Potential Bearish Breakout

TitlePotential Bearish BreakoutTypeBearish DropPreference:Price has broken below a potential breakout level and could drop lower from here; sell at market (pivot point: 1.08347) and we could see...

Daily Market Outlook, March 22, 2024

Daily Market Outlook, March 22, 2024Munnelly’s Macro Minute…“Markets Digesting A Bevy Of Central Bank Cross Currents”Asian equity markets are displaying mixed performance this morning, despite gains...

GBP Sinks As BOE Says Rate Cuts Coming Soon

Pound Down on Bailey CommentsThe British Pound has come under heavy selling pressure on the back of the March BOE meeting yesterday. While the bank held rates unchanged, as expected, the outlook and...