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Forex

JPY Bulls Let Down By Rising Unemployment Rate
JPY Bulls Let Down By Rising Unemployment Rate

BOJ on Watch as JPY Weakens FurtherThere has been plenty of chatter recently regarding a potential change of course from the BOJ. On the back of the adjustment made to its YCC target at the last...

GBPJPY H4 | Bearish reaction off 61.8% fibo?
GBPJPY H4 | Bearish reaction off 61.8% fibo?

TitleGBPJPY H4 | Bearish reaction off 61.8% fibo?TypeBearish ReversalPreference:Price is currently in a short-term bullish momentum, we can expect price to rise to our pivot point at 185.41, which is...

Dollar Rally Pause: What to Expect in the Near Future
Dollar Rally Pause: What to Expect in the Near Future

The dollar is attempting to consolidate its gains on Monday after breaking above the upper bound of a key bearish channel:In the search for bullish entry points, attention should be paid to the same...

NZDJPY H4 | Potential bullish bounce?
NZDJPY H4 | Potential bullish bounce?

TitleNZDJPY H4 | Potential bullish bounce?TypeBullish BouncePreference:Price is falling towards the pivot point of 86.185 which is a pullback support that aligns with the 61.8% Fibonacci retracement...

AUDJPY H4 | Falling to Fibo confluence support
AUDJPY H4 | Falling to Fibo confluence support

TitleAUDJPY H4 | Falling to Fibo confluence supportTypeBullish BouncePreference:Price is falling towards the pivot point of 93.744 which is a pullback support that aligns with a confluence of...

EURUSD H4 I Bounce off Fibo Confluence?
EURUSD H4 I Bounce off Fibo Confluence?

TitleEURUSD H4 I Bounce off Fibo Confluence?TypeBullish BouncePreference:Price is falling toward our pivot point of 1.07402 which is a multi swing low support level that aligns with 161.8 extension...

GBPUSD H4 I Potential bullish reversal?
GBPUSD H4 I Potential bullish reversal?

TitleGBPUSD H4 I Potential bullish reversal?TypeBullish BouncePreference:Price is falling toward our pivot point of 1.25416 which is a pullback support level that aligns with 161.8% extension and 100%...

AUDJPY H4 | Falling to pullback support
AUDJPY H4 | Falling to pullback support

TitleAUDJPY H4 | Falling to pullback supportTypeBullish BouncePreference:Price is falling towards the pivot point of 93.289 which is a pullback support and could potentially reverse from here; we...

Daily Market Outlook, August 25, 2023
Daily Market Outlook, August 25, 2023

Daily Market Outlook, August 25, 2023Munnelly’s Market Commentary… Asian equity markets faced downward pressure, driven by the negative momentum carried over from global markets. The initial...