Daily Market Outlook, January 17, 2024Munnelly’s Market Minute…“UK Inflation Uptick Sees Sterling Higher”Asian stocks were under pressure due to the recent rise in yields and reduced expectations of...
Daily Market Outlook, January 16, 2024
Daily Market Outlook, January 16, 2024Munnelly’s Market Minute…“UK Wage Dip May Provide Cover For BoE”Asian stocks faced pressure in the absence of guidance from Wall Street, coupled with rising...
Potential Bullish Reversal
TitlePotential Bullish ReversalTypeBullish bouncePreference:Price is falling towards the pivot point of 0.66138 which is a pullback support level and could potentially reverse from here; we could see...
Global Markets React to Economic Data and Central Bank Actions: EUR/USD, GBP, and AUD in Focus
The EUR/USD pair faced slight downward pressure during the European session but later recovered to the equilibrium rate of 1.0950, which has been sustained by the market since last week amid a lack of...
Resistance at 38.2% Fibo
TitleResistance at 38.2% FiboTypeBearish ReversalPreference:Price is rising towards the pivot point of 0.67278 which is a pullback resistance that aligns with the 38.2% Fibonacci retracement level and...
Daily Market Outlook, January 15, 2024
Daily Market Outlook, January 15, 2024Munnelly’s Market Minute…“Nikkei Tests Levels Not Seen Since 1990”Asian stocks traded within a narrow range due to the absence of significant catalysts over the...
Resistance Overhead
TitleResistance OverheadTypeBearish ReversalPreference: Price could rise towards the pivot point of 0.67292 which is a pullback resistance level and potentially reverse from here; we could see...
Daily Market Outlook, January 12, 2024
Daily Market Outlook, January 12, 2024Munnelly’s Market Minute…“US PPI & Bank Earnings On Deck”Asian stocks exhibited mixed results, with major indices largely remaining range bound. The...
Sideways Trading
TitleSideways TradingTypeBullish BouncePreference:Price is falling towards the pivot point of 0.66809 which is a pullback support level and could potentially reverse from here; we could see momentum...
Cookie Policy: The Tickmill website uses cookies. By continuing browsing the page you automatically agree to our use of cookies. For more information on our cookie usage, on how to change cookies and their settings see our Cookies Policy.