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

BOE In Focus Following Record UK Wage Growth

Wage Growth SoarsThe latest set of UK labour market figures today appear to have all but confirmed a further BOE hike in September. Despite the unemployment rate ticking higher to 4.2% from 4% prior,...

Daily Market Outlook, August 15, 2023

Daily Market Outlook, August 15, 2023Munnelly’s Market Commentary… Asian equity markets traded with mixed outcomes as market participants processed key releases, including disappointing Chinese...

AUDUSD Breaks Key Support on RBA Minutes

AUD Falls Following RBA MinutesThe Australian Dollar has come under pressure today on the back of the release of the latest set of RBA meeting minutes. The minutes revealed that while the bank...

AUDUSD H4 | Approaching 38.2% Fibo resistance

TitleAUDUSD H4 | Approaching 38.2% Fibo resistanceTypeBearish ReversalPreference:Price is rising towards the pivot point of 0.65172 which is a pullback resistance that aligns with the 38.2% Fibonacci...

NZDUSD H4 | Potential bearish reversal?

TitleNZDUSD H4 | Potential bearish reversal?TypeBearish ReversalPreference:Price could rise again towards the pivot point of 0.59911 which is a pullback resistance that aligns with the 23.6% Fibonacci...

USDJPY Day | Potential bearish reversal?

TitleUSDJPY Day | Potential bearish reversal?TypeBearish ReversalPreference:Price has just reacted off our pivot point of 145.052 which is a swing high resistance level. A reverse from here, price...

Yuan Drops With China Economic Risks Back In Focus

Property & Financial Sector RisksFresh fears over the health of the Chinese economy are taking centre stage this week. On the back of recent data weakness, reports this week are centred around the...

USDCAD H4 | Rising into resistance?

TitleUSDCAD H4 | Rising into resistance?TypeBearish ReversalPreference:Price is rising towards the pivot point of 1.34846 which is a swing-high resistance that aligns with the 61.8% Fibonacci...

BOJ Intervention Risks Grow As USDJPY Tests 145

USDJPY Testing Key LevelUSDJPY is on watch this week as the pair retests the 145 level. This area has been touted as a line in the sand for the BOJ and should USDJPY continue to move higher, risks of...