Daily Market Outlook, December 9, 2024 Munnelly’s Macro Minute..."Politburo Rhetoric Shift Supports Asian Markets; Investors Wary Of Another False Dawn”The Chinese mainland and Hong Kong market...
GBPUSD H4 | Bullish Bounce?
Title:GBPUSD H4 | Bullish Bounce?TypeBullish BouncePreference:The price is falling toward the pivot level of 1.2690, an overlap support close to 61.8% Fibonacci retracement. A bounce off this level...
FX options Insights 09/12/24
FX options Insights 09/12/24Cash hedging of approaching FX option strikes can bolster nearby support and resistance levels while potentially drawing FX price movements toward the daily 10 a.m. New...
GBP/USD Forecast: Bullish Outlook Ahead!
The price of British pound tested the downtrend and formed the shooting star at the end of the trading week. The price of this asset might target the supporting level of 1.2490 next. At that, bulls...
Dollar Focus Turns to Inflation This Week
NFPs Rise Along with UnemploymentThe US Dollar remains congested and directionless aw we start the new week. Friday’s jobs data was a mixed bag with the headline NFP reading rebounding to 228k from...
Bullish Pressure Builds in Major Dollar Pairs Amid Key Technical Breakout Risks
The EUR/USD pair pulls back after an attempt to break above 1.06 during the early European session, driven by a combination of geopolitical and monetary policy concerns. Growing fears over potential...
Dollar Volatility Risks Into NFPs Today
NFPs Up NextThe US Dollar is on watch today as traders prepare to receive the latest US labour market data. Through the week, a lower-than-forecast ADP jobs number as well as rise in weekly jobless...
FX Options Insights 06/12/24
FX Options Insights 06/12/24EUR/USD options are slated to expire at Friday’s New York cut, coinciding with payroll data that could heighten market volatility. These expirations involve significant...
Daily Market Outlook, December 6, 2024
Daily Market Outlook, December 6, 2024 Munnelly’s Macro Minute..."Politics & Payrolls”Risk in Asia declined on Friday amid renewed political tensions in South Korea, causing unease among...
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