Daily Market Outlook, June 21, 2024Munnelly’s Macro Minute…“Summer Solstice Sees Markets Spooked Ahead Of Today's Options Witching Event”Asian stocks declined after technology equities dragged...
Dollar Index & Bitcoin Time & Price Trade Setups
Dollar Index & Bitcoin Time & Price Trade SetupsIn this update, we review the price action in the DXY & Bitcoin and identify high-probability trading opportunities with time & price...
USDCAD H4 I Bullish Bounce
TitleUSDCAD H4 I Bullish BounceTypeBullish BouncePreference:Price is falling toward the pivot of 1.3656, a pullback support level close to 127.2% Fibo extension. A bounce from this level could lead...
Bitcoin Forecast: Potential Price Rise Ahead!
The price of Bitcoin broke the uptrend and gradually dropped. The price of this asset might test the psychological level of 60000, gain the required support, and rise soon. Hence, it would be...
USD Falters Amid Disappointing Data and the BoE's Steady Stance
The greenback's earlier bullish momentum from the Asian session fizzled out as softer-than-expected jobless claims data and disappointing US housing statistics took their toll. The USD's...
Swissy Soars As SNB Cuts Rates Again
SNB Cuts Rates AgainThe SNB caught traders off-guard today and became the latest bank in the G10 bloc to ease this month, cutting rates by .25% to 1.25%. Following an earlier cut three months ago, the...
USDCAD H1 | Bullish Bounce
TitleUSDCAD H1 | Bullish BounceTypeBullish RisePreference:Price is falling toward the pivot point of 1.3713, an overlap support that aligns with 23.6% Fibo retracement. A bounce from this level could...
Daily Market Outlook, June 20, 2024
Daily Market Outlook, June 20, 2024Munnelly’s Macro Minute…“Asian Markets Soggy On Tech Doubts. BoE On Deck”Asian stocks weakened as investors weighed the sustainability of the recent surge in...
USDCHF H1 | Bullish Rise
TitleUSDCHF H1 | Bullish RiseTypeBullish RisePreference:Price is currently at the pivot of 0.8839, a rise from this level could the price to rise to 1st resistance at 0.8870, a pullback resistance...
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