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

Slowing China Economy and High US Rates Fuel Bullish Bets on the Dollar, Setting Cautious Tone in Equities

­­­­­­Asian markets tumbled on Monday, with the Chinese yuan nearing its lowest level since the end of June (also the year's minimum). Caution dominates European exchanges and US equity futures....

Daily Market Outlook, August 14, 2023

Daily Market Outlook, August 14, 2023Munnelly’s Market Commentary… Asian equity markets encountered downward pressure driven by ongoing economic concerns in China and apprehensions over developer...

EURJPY H4 | Bearish reversal off 61.8% projection?

TitleEURJPY H4 | Bearish reversal off 61.8% projection?TypeBearish ReversalPreference:Price is reacting off our pivot point at 159.16, which is slightly below the 61.8% fibo projection. Price could...

Daily Market Outlook, August 11, 2023

Daily Market Outlook, August 11, 2023Munnelly’s Market Commentary… Asian equity markets made little positive progress overnight,influenced by a dovish reaction to post-CPI developments in the United...

GBPUSD H4 I Bounce off Support level?

TitleGBPUSD H4 I Bounce off Support level?TypeBullish BouncePreference:Price has just bounced off our pivot of 1.26647 which is an overlap support level. A bounce off from here, price could push to...

GBP Stronger Following UK GDP Beat

GDP Beats ForecastsGBP has seen better demand today on the back of the latest UK GDP data released this morning. A gloomy report from the NIESR yesterday weighed on GBP sentiment ahead of the release....

Dollar and Equities Saw Muted Reaction to Dovish US CPI Surprise. Here is why.

The US inflation report had a moderately favorable outcome for the market. Both overall and core inflation figures came in below expectations, slightly alleviating market tension linked to the risk of...

USDJPY H4 | React off resistance?

TitleUSDJPY H4 | React off resistance?TypeBearish ReversalPreference:Price has just reacted off pivot point of 144.14 which is an overlap resistance, A reverse from here, price could fall to 1st...

NZDUSD H4 | Bearish reaction off 61.8% fibo?

TitleNZDUSD H4 | Bearish reaction off 61.8% fibo?TypeBearish ReversalPreference:Price could potentially reverse at the pivot point at 0.6088, which aligns with the 61.8% fibo retracement. If price...