Daily Market Outlook, September 29, 2023Munnelly’s Market Commentary… Asian equity markets took their cues from Wall Street, which showed positive momentum as yields and oil prices declined from...
GBPJPY H4 | Bearish reaction off 127.2% fibo?
TitleGBPJPY H4 | Bearish reaction off 127.2% fibo?TypeBearish ReversalPreference:Price is hovering below our pivot point at 182.66, which is a pullback resistance level, aligning with the 127.2% fibo...
Dollar Retracement Amid Shifting Market Dynamics: A Technical Outlook
On Thursday, the dollar finally took a step back, but the rebound of its major rivals looks more like a technical retracement, as the fundamental picture hasn't changed much. The American...
GBPUSD Day | Reacting off resistance?
TitleGBPUSD Day | Reacting off resistance?TypeBearish ReversalPreference:The price is rising toward the pivot point at 1.23125, which is a pullback resistance level. A reversal from this point could...
USDCAD Turns Lower Ahead of US/CAD Data Flow
USDCAD Heavily SoldUSDCAD is trading firmly lower today as the weakness in USD finds an easy match up with the strong Canadian Dollar. CAD has been one of the best performing currencies recently due...
Eurozone CPI Falls Sharply in August
EZ CPI Drops SharplyThe latest round of eurozone CPI figures made for better reading for the ECB today. Headline CPI was seen cooling to 4.3% last month, down from 5.2% prior and below the 4.5% the...
Rally in Yields Pressures Euro, S&P 500 but Rebound Looms Near Key Levels
On Wednesday, the Treasury bond market was hit by a new wave of sell-offs. The yield on 10-year bonds surged by 11 basis points in a short span of time, setting a new local high:The sell-off was...
Daily Market Outlook, September 28, 2023
Daily Market Outlook, September 28, 2023Munnelly’s Market Commentary… Asian equity markets with a mixed tone as traders evaluated the performance in the US leading into the end of the month and...
Natural Gas Analysis: Potential Price Rise Ahead
The price of natural gas has closely approached the psychological level of 3.00 USD/MMBtu. At that, the asset’s price is trying to test this level for the third time in a row. As the cold season...
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.