FX Options Insights 05/12/24The upcoming NFP and ECB events have set EUR/USD FX options for volatility. Implied volatility reflects the actual risk of volatility, which is a crucial component of...
AUDUSD H4 | Falling from 50% Confluence?
TitleAUDUSD H4 | Falling from 50% Confluence?TypeBearish ReversalPreference:The price is approaching the pivot level of 0.6454, a pullback resistance close to 50% Fibonacci retracement. A reversal...
USD Edges Higher Amid French Political Uncertainty, Markets Eye Powell's Remarks
The US Dollar made modest gains on Wednesday, buoyed by political turbulence in Europe and cautious positioning ahead of key US economic indicators. As traders digest the potential fallout from...
AUDUSD Structural & Seasonal Setup
AUDUSD Structural & Seasonal SetupIn this update we review the recent price action in the AUDUSD and identify the next high probability trading opportunity using structural and seasonal analysis....
GBPJPY H4 I Bullish Continuation?
TitleGBPJPY H4 I Bullish Continuation?TypeBullish ReversalPreference:price is falling to the pivot of 189.93, a pullback support close to 23.6% Fibo retracement. A reverse from this level could lead...
USDCAD H4 | Bearish Drop?
TitleUSDCAD H4 | Bearish Drop?TypeBearish ReversalPreference:The price is rising toward the pivot level of 1.4088, an overlap resistance close to 61.8 Fibonacci retracemment. A reversal from this...
Daily Market Outlook, December 4, 2024
Daily Market Outlook, December 4, 2024 Munnelly’s Macro Minute..."Political Turmoil Front & Center, As European Markets Await French Confidence Vote”Asian markets declined following South...
USDJPY H1 | Falling from Fibo Confluence?
TitleUSDJPY H1 | Falling from Fibo Confluence?TypeBullish BouncePreference:The price is approaching the pivot level of 150.69, an overlap resistance close to 61.8% Fibonacci retracement and 127.2%...
Aussie Plunging on GDP Miss
Aussie GDP DisappointsThe Aussie Dollar has been heavily sold throughout the European morning on Wednesday as traders digest weaker-than-forecast data overnight. AUD quarterly GDP came in at 0.35 vs...
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