Daily Market Outlook, June 7, 2024Munnelly’s Macro Minute…“US Jobs Data To Wrap The Week”Equity performance across the Asian region is mixed ahead of today’s US nonfarm payrolls report, though most...
ECB Cuts Rates, So Why Hasn't EURUSD Fallen
ECB Cuts RatesEURUSD remains little moved on the back of the ECB rate-cut yesterday. Despite reducing rates for the first time in five years, there was very little reaction given that, firstly, the...
Dollar Gains Ground Amid Surprising Nonfarm Payrolls Spike
In a surprising turn of events, the US Dollar surged today, fueled by an unexpected leap in the Nonfarm Payrolls report. Employers added 272K jobs in May, significantly outpacing the highest forecast...
USDCHF H4 I Bullish Rise
TitleUSDCHF H4 I Bullish RiseTypeBullish BreakoutPreference:Price is currently at the pivot of 0.8905. A rise from this level could lead the price to 1st resistance at 0.8970, an overlap resistance...
NZDUSD H4 | Falling to Overlap Support
TitleNZDUSD H4 | Falling to Overlap SupportTypeBullish BouncePreference:Price could fall towards the pivot point of 0.6168 which is an overlap support that aligns with the 38.2% Fibonacci retracement...
Bullish EURUSD Risks Into ECB Today
ECB On WatchEURUSD is trading in a muted fashion ahead of the keenly awaited June ECB meeting later today. The bank is widely expected to cut rates by .25% in line with lower inflation and dovish ECB...
BOC Front-runs Fed With First G7 Rate Cut
BOC Cuts RatesThe Bank of Canada became the first central bank in the G7 group to cut rates yesterday. Marking its first rate cut in four years, the BOC noted that it was confident inflation was...
Daily Market Outlook, June 6, 2024
Daily Market Outlook, June 6, 2024Munnelly’s Macro Minute…“All Eyes On The ECB, The Second G7 Central Bank Rate Domino To Fall”Asian equity markets are in the green following gains on Wall Street,...
Aussie H4 | Potential Bullish Bounce
TitleAussie H4 | Potential Bullish BounceTypeBullish BouncePreference:Price could fall towards the pivot point of 0.6640 which is a pullback support level and potentially reverse from here; we could...
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.