USD Steadies Amidst Data-Driven Week; GBP Eyes UK Economic Indicators
Market sentiment continues to ride high, buoyed by persistent expectations of a Federal Reserve rate cut in the June policy meeting. This sentiment found reinforcement after the release of the US...
EURUSD H1 | Bearish Drop
TitleEURUSD H1 | Bearish DropTypeBearish DropPreference:Price is currently at the pivot point of 1.0939, an overlap resistance. A drop from this level could lead the price to fall to 1st support at...
Heavy USDJPY Reversal Underway
USDJPY Heading LowerUSDJPY is under heavy selling pressure as we head towards the US session on Monday. Traders continued to offer the pair through early European trading, extending the declines seen...
Daily Market Outlook, March 11, 2024
Daily Market Outlook, March 11, 2024Munnelly’s Macro Minute…“Markets Cautious Ahead Of US Inflation Data”Across Asia, most equity indices experienced declines amid speculation that the Bank of Japan...
Potential Bullish Breakout
TitlePotential Bullish BreakoutTypeBullish BreakoutPreference:Price is rising towards the pivot point of 1.34940 which is a potential breakout level and could climb higher from here; we could see...
GBPUSD H1 | Bearish Drop
TitleGBPUSD H1 | Bearish DropTypeBearish DropPreference:Price is currently at the pivot point of 1.2807 an overlap resistance level. A drop from this level could lead the price to fall to 1st support...
Dollar Breaks Support Ahead of NFP Release
NFP in focusAll eyes are on the US Dollar today as traders get ready for the release of February jobs data. On the back of a string of bumper labour reports over recent months, the market is expecting...
Daily Market Outlook, March 8, 2024
Daily Market Outlook, March 8, 2024Munnelly’s Macro Minute…“Dovish Take On Fed & ECB Supports Risk Sentiment ”This morning, Asian equity markets are experiencing an increase after significant...
Euro Slides As ECB Signals June Rate Cut Chances
June Cut in FocusYesterday’s ECB meeting was a pivotal moment for FX traders with the bank essentially giving the nod for a June rate cut. Monetary policy was held unchanged yesterday, as expected....
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.