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Forex

S&P 500 Analysis: Potential Price Rise Ahead?

The price of the American stock index S&P500 broke the resistance at the level of 4607. So, it might rebound and rise again soon. The formation of a bullish trap is also possible at this stage....

EURGBP H4 | Bearish reversal?

TitleEURGBP H4 | Bearish reversal?TypeBearish DropPreference:Price is right below the pivot point at 0.86218, an overlap resistance, and could reverse to 1st support level at 0.85542, multi-swing low...

GBPUSD Rallying Ahead of BOE

BOE Up NextFollowing on from the FOMC last night, market focus today will be fixed firmly on the BOE. Traders are widely expecting the bank to refrain from further tightening, reflecting the drop in...

GBPJPY H4 | Potential bearish reversal?

TitleGBPJPY H4 | Potential bearish reversal?TypeBearish ReversalPreference:Price is falling from our pivot point at 182.898, a pullback resistance, and is moving to our 1st support at 180.492,...

Daily Market Outlook, December 13, 2023

Daily Market Outlook, December 13, 2023Munnelly’s Market Minute… Asia - Asia-Pacific stocks traded mixed as investors were cautious ahead of the FOMC announcement. The Nikkei 225 increased modestly...

NZDUSD H4 | Potential bearish breakout

TitleNZDUSD H4 | Potential bearish breakoutTypeBearish ReversalPreference:Price has broken under the pivot point of 0.61079 which is an overlap support and could potentially drop lower from here; we...

GBP Slides on Fresh GDP Drop

UK GDP Sinks in OctoberThe British Pound has come under fresh selling pressure today on the back of weaker-than-forecast GDP data this morning. October GDP printed -0.3%, down from 0.2% prior and...

Daily Trade Setups #MSFT #AMZN #DXY

Daily Trade Setups #MSFT #AMZN #DXYTo access today's real-time analysis:Microsoft https://youtu.be/pDdBEtjaEXE?si=dYPMyylOFea7N2vZAmazon https://youtu.be/OFe7PeeOQAM?si=qmMRzsXWogGbP9kPDollar...

USDCHF H4 | Reversing to support level?

TitleUSDCHF H4 | Reversing to support level?TypeBearish ReversalPreference:Price is reacting off our pivot line at 0.87631, a pullback resistance, and is falling to the 1st support at 0.86884, a swing...