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AUDUSD H4 | A bounce off 23.6%

TitleAUDUSD H4 | A bounce off 23.6%TypeBullish BouncePreference:Price has just bounced off our pivot point off 0.66282 which aligns with a 23.6% Fibonacci retracement. A reverse from here, price could...

Daily Market Outlook, May 22, 2023

Daily Market Outlook, May 22, 2023Asian equities are mostly in the green as US President Biden's optimistic remarks at the G7 summit in Japan suggested a potential improvement in relations with...

Daily Market Outlook, May 19, 2023

Daily Market Outlook, May 19, 2023Asian equities are mostly positive heading into the weekend, taking their cue from the tech-led gains on Wall Street. The Nasdaq's strong performance and the...

Daily Market Outlook, May 18, 2023

Daily Market Outlook, May 18, 2023Asian equity markets posted gains overnight as the region followed the positive momentum from Wall Street. The rally in stocks was driven by optimism surrounding...

Daily Market Outlook, May 17, 2023

Daily Market Outlook, May 17, 2023Asian equity markets put in another mixed performance overnight as caution prevailed in the region due to the negative handover from Wall Street. Concerns over the...

Daily Market Outlook, May 16, 2023

Daily Market Outlook, May 16, 2023Asian equities have had a mixed trading session overnight, with the positive momentum from Wall Street failing to be sustained. US regional banks experienced a short...

Daily Market Outlook, May 15, 2023

Daily Market Outlook, May 15, 2023Asian equities are starting the week on the front foot with most major indices in the green, mirroring the positive sentiment seen in US and European futures, as the...

AUDUSD H4 | Falling to 61.8% Fibo support

TitleAUDUSD H4 | Falling to 61.8% Fibo supportTypeBullish BouncePreference:Price is approaching the pivot point of 0.6667 and could potentially reverse from here, we could see momentum carry price up...

Daily Market Outlook, May 11, 2023

Daily Market Outlook, May 11, 2023Asian equity markets traded with a mixed tone after yet another erratic performance on Wall Street, indices whipsawed and treasuries rallied as US CPI came in broadly...