TitleUSDCHF 4H | Drop From An overlap resistanceTypeBearish ReversalPreference:The price is rising toward the pivot level at 0.90582, a reversal from this level could drive the price towards the 1st...
Bearish USDJPY Channel Break
Yen RallyingUSDJPY is firmly lower this week as a stronger Japanese Yen and receding US trade-war risks have weighed on the greenback. A hike from the BOJ at its latest meeting along with hawkish...
GBP Falling As Traders Brace For BOE Rate Cut
BOE On WatchThe British Pound is on watch today as traders prepare for the latest Bank of England rate decision and monetary policy meeting. The market is widely expecting the BOE to cut rates by a...
Daily Market Outlook, February 6, 2025
Daily Market Outlook, February 6, 2025 Patrick Munnelly, Partner: Market Strategy, Tickmill GroupMunnelly’s Macro Minute..."Asian Markets Broadly Bid Inline With Wall Street Optimism”Asian stocks...
USD Plunges On Weak Jobs Data
Dollar Under PressureFollowing a strong start to the week which saw DXY testing the current YTD highs, the Dollar has since reversed and has now come under heavy selling pressure. A weaker set of...
TitleEURGBP 4H | Bearish ContinuationTypeBearish ReversalPreference:The price is rising toward the pivot level at 0.83575, a pullback resistance that aligns close to the 38.2% Fibonacci retracement. A...
FX Options Insights 5/2/25
FX Options Insights 5/2/25The FX markets experienced a drop in volatility after the U.S. announced a 30-day suspension on trade tariffs involving Canada and Mexico. Implied volatility for most...
GBPJPY 1H | Bullish Continuation
TitleGBPJPY 1H | Bullish ContinuationTypeBullish ReversalPreference:The price is falling toward the pivot level at 191.607 which aligns with the 150% Fibonacci retracement level. A bounce off this...
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