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Forex

USD Under Pressure Amid Mixed Economic Signals and French Election Tensions
USD Under Pressure Amid Mixed Economic Signals and French Election Tensions

This week has been a rollercoaster for the US Dollar, which has endured a relentless four-day losing streak. Despite some encouraging data from the Nonfarm Payrolls report, the Greenback remains...

AUDUSD Day 1 I Bearish reversal
AUDUSD Day 1 I Bearish reversal

TitleAUDUSD Day 1 I Bearish reversalTypeBearish ReversalPreference:Price is rising toward the pivot of 0.6781, a pullback resistance close to 78.6% Fibo retracement. A reverse from this level could...

GBPUSD H4 I Bearish Reversal
GBPUSD H4 I Bearish Reversal

TitleGBPUSD H4 I Bearish ReversalTypeBearish DropPreference:Price is currently at the pivot of 1.2763, an overlap resistance close to 61.8% Fibo retracement. A drop from this level could lead the...

EURUSD H4 | Bullish Bounce
EURUSD H4 | Bullish Bounce

TitleEURUSD H4 | Bullish BounceTypeBullish BouncePreference:Price is falling toward the pivot point of 1.0767, a pullback support t. A bounce from this level could lead the price to rise to 1st...

GBPUSD H4 | Bullish Bounce
GBPUSD H4 | Bullish Bounce

TitleGBPUSD H4 | Bullish BounceTypeBullish BouncePreference:Price is falling toward the pivot point of 1.2700, a pullback support. A bounce from this level could lead the price to rise to 1st...

GBP Higher As UK Leadership Voting Begins
GBP Higher As UK Leadership Voting Begins

UK Election DayAs the UK takes to the polls today to vote in the General Election, GBP remains well bid. A Labour Party win has been well telegraphed throughout the election campaign with polls...

USDCHF H4 | Bullish Bounce
USDCHF H4 | Bullish Bounce

TitleUSDCHF H4 | Bullish BounceTypeBullish BouncePreference:Price is falling toward the pivot point of 0.8984, an overlap support  A bounce from this level could lead the price to rise to 1st...

Daily Market Outlook, July 4, 2024
Daily Market Outlook, July 4, 2024

Daily Market Outlook, July 4, 2024Munnelly’s Macro Minute…“US Holidays Leaves UK Politics Center Stage Today”Asian equities rose as economic data reinforced the Federal Reserve's case for...

The Euro on the Ascent as Odds of Fed Dovish Outcome in September Increases
The Euro on the Ascent as Odds of Fed Dovish Outcome in September Increases

The US dollar is currently under substantial pressure, primarily due to signs of a cooling labor market and waning economic vitality. The latest ADP Employment data released on Wednesday painted a...