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EURUSD M30 | Potential bearish reversal
EURUSD M30 | Potential bearish reversal

TitleEURUSD M30 | Potential bearish reversalTypeBearish ReversalPreference:Price rises toward the pivot point of 1.0844, an overlap resistance close to the 61.8% Fibo retracement. A reverse from this...

EUR/USD Dips as Diverging Central Bank Policies Drive Market Sentiment
EUR/USD Dips as Diverging Central Bank Policies Drive Market Sentiment

In the ever-volatile currency markets, the EUR/USD pair demonstrated a downward trajectory on Wednesday, eventually stabilizing in a narrow band between 1.082 and 1.084. Despite Spanish inflation data...

The Dollar Rally Stalls as Market Participants Wait for more Signals of the Strength of the US Economy
The Dollar Rally Stalls as Market Participants Wait for more Signals of the Strength of the US Economy

The EUR/USD pair is showing resilience, defending its near-term support level at 1.08. A broad, albeit slight, dollar weakness contributed to the strength of the pair. However, recent economic data...

Bearish Dollar Risks Into Today's Data
Bearish Dollar Risks Into Today's Data

USD Softens Following FOMC RallyThe US Dollar is turning lower today as traders await the next set of US data inputs due later. On the back of the FOMC last week, the Dollar had initially rallied....

Daily Market Outlook, March 26, 2024
Daily Market Outlook, March 26, 2024

Daily Market Outlook, March 26, 2024Munnelly’s Macro Minute…“Markets Mixed On Rates Outlook, Nikkei Pullback Persists”On Tuesday, Asian stock markets are experiencing a mix of trading activity,...

Potential Bearish Breakout
Potential Bearish Breakout

TitlePotential Bearish BreakoutTypeBearish BreakoutPreference:Price could fall towards the pivot point of 1.25814 which is a potential breakout level and could drop lower from here; we could see...

EUR/USD Sees Modest Rise Amidst Dollar Weakness
EUR/USD Sees Modest Rise Amidst Dollar Weakness

At the dawn of the trading week, the EUR/USD pair has started on a modestly positive note, edging higher by 0.2%, but remaining below the intraday resistance level at 1.0850. This upward movement...

Bearish Momentum to Extend
Bearish Momentum to Extend

TitleBearish Momentum to ExtendTypeBearish BreakoutPreference:Price could fall towards the pivot point of 0.65120 which is a potential breakout level and could drop lower from here; we could see...

USDJPY Holds At Highs As BOJ Fears Grow
USDJPY Holds At Highs As BOJ Fears Grow

BOJ Intervention WarningFears of BOJ intervention in the JPY FX rate have ratcheted higher today on the back of comments from Japanese Fin Min Masato Kanda.  Kanda said that movements in JPY are not...