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Forex

DXY Pulls Back On Yen Drive, ECB Next
DXY Pulls Back On Yen Drive, ECB Next

Yen Rally Knocks USDThe Dollar rally looks to be taking a breather midweek with the DXY pulling back from the latest test of 103.48 resistance. An uptick in Japanese yields on the back of the latest...

European PMI Aids the Euro in Overcoming a Bearish Retracement
European PMI Aids the Euro in Overcoming a Bearish Retracement

The US Dollar faced a broad decline against major currencies on Wednesday, driven by positive developments in European economic indicators and uncertainties surrounding the upcoming US PMI release....

BOJ Inflation Comments Drive Yen Rally
BOJ Inflation Comments Drive Yen Rally

JPY Rallying Post-BOJOn the back of the latest BOJ meeting overnight, the Japanese Yen is strengthening a little across early European trading on Tuesday. The BOJ held its headline policy unchanged,...

Daily Trade Setups #DXY #USDCHF #USDCAD & #BTCUSD
Daily Trade Setups #DXY #USDCHF #USDCAD & #BTCUSD

Daily Trade Setups #DXY #USDCHF #USDCAD & #BTCUSDTo access today's real-time actionable analysis click here!...

Potential Bearish Reversal
Potential Bearish Reversal

TitlePotential Bearish ReversalTypeBearish ReversalPreference:Price is rising towards the pivot point of 0.61315 which is an overlap resistance that aligns with the 23.6% Fibonacci retracement level...

EURGBP H4 | Bullish bounce
EURGBP H4 | Bullish bounce

TitleEURGBP H4 | Bullish bounceTypeBullish BouncePreference:The price could bounce off the pivot point at 0.85543, the multi-swing-low support and it might continue to rise to 1st resistance at...

EURUSD and USJDPY Analysis: Strong Dollar Caps Any Upside But Situation Could Quickly Change
EURUSD and USJDPY Analysis: Strong Dollar Caps Any Upside But Situation Could Quickly Change

The Bank of Japan left the parameters of monetary policy unchanged at today's meeting. BOJ Governor Ueda adopted an ambiguous position regarding withdrawal from QE policy and interest rate hikes,...

Daily Market Outlook, January 23, 2024
Daily Market Outlook, January 23, 2024

Daily Market Outlook, January 23, 2024Munnelly’s Market Minute…“China Mulling $278Bln Equities Bailout”Asian stocks mostly rose after Wall St's fresh record levels, but gains were limited ahead...

Falling to Pullback Support
Falling to Pullback Support

TitleFalling to Pullback SupportTypeBullish BouncePreference:Price is falling towards the pivot point of 1.34232 which is a pullback support level and could potentially reverse from here; we could see...