REAL TIME NEWS
In yesterday's commentary, I anticipated USD selling on strength, which materialized despite Oracle's results causing some risk concerns. The USD extended its decline, with all sectors selling USD. With no significant data today, focus shifts to next week... In yesterday's commentary, I anticipated USD selling on strength, which materialized despite Oracle's results causing some risk concerns. Th
CADJPY Daily Trade SetupIn this update we review the recent price action in CADJPY and identify the next high-probability trading opportunity and price objectives to target. To review today's video analysis, click here!... CADJPY Daily Trade SetupIn this update we review the recent price action in CADJPY and identify the next high-probability trading opportunity and pric
Gold Pushing HigherGold prices are on course to end the week firmly higher, bolstered by a weaker Dollar which fell as traders digested the latest Fed rate cut mid-week. Along with the .25% cut, Powell signalled that the bank would be watching incoming data and res... Gold Pushing HigherGold prices are on course to end the week firmly higher, bolstered by a weaker Dollar which fell as traders digested the latest Fed
UK Data DisappointsThe rally in GBP is stalling today after some weaker-than-forecast UK data this morning. The ONS reported that UK GDP fell 0.1% in October, in contrast to the 0.1% increase expected. This marks the fourth consecutive month without growth and has ... UK Data DisappointsThe rally in GBP is stalling today after some weaker-than-forecast UK data this morning. The ONS reported that UK GDP fell 0.1% in
FTSE 100 FINISH LINE 12/12/25The main UK stock indexes initially rose on Friday before softening towards the close as U.S. market sentiment deteriorated. A surge in risk appetite reversed amid renewed concerns over AI valuations, which dented the Nasdaq by over 1%.... FTSE 100 FINISH LINE 12/12/25The main UK stock indexes initially rose on Friday before softening towards the close as U.S. market sentiment deteriorat
Title USDJPY H1 I Bullish bounce off Type Bullish bounce Preference: The price has bounced off the pivot at 154.96, which is an overlap support. A bounce at this level could lead the price toward the 1st resistance at 156.61, a pullback resistance. Alternative Scen... Title USDJPY H1 I Bullish bounce off Type Bullish bounce Preference: The price has bounced off the pivot at 154.96, which is an overlap support. A bou
Title USDCHF H4 | Bearish continuation Type Bearish drop Preference: The price is rising towards the pivot at 0.7970, a pullback resistance. A reversal from this level could lead the price toward the 1st support at 0.7894, a multi-swing low support. Alternative Sce... Title USDCHF H4 | Bearish continuation Type Bearish drop Preference: The price is rising towards the pivot at 0.7970, a pullback resistance. A reversa
Title XAUUSD H1 | Bullish continuation setup Type Bullish bouncePreference: The price is falling towards the pivot at 4,238.80, which is a pullback support that aligns with the 38.2% Fibonacci retracement. A bounce from this level could lead the price toward the 1s... Title XAUUSD H1 | Bullish continuation setup Type Bullish bouncePreference: The price is falling towards the pivot at 4,238.80, which is a pullback su
Daily Market Outlook, December 12, 2025 Patrick Munnelly, Partner: Market Strategy, Tickmill GroupMunnelly’s Macro Minute…Buyers returned to US stocks after worries about Oracle's plans for significant capital investments in artificial intelligence infrastruct... Daily Market Outlook, December 12, 2025 Patrick Munnelly, Partner: Market Strategy, Tickmill GroupMunnelly’s Macro Minute…Buyers returned to US stocks
USD: struggles all the way," highlights a shifting landscape in global foreign exchange as we approach the end of 2025. The core narrative drives a bearish outlook for the US Dollar following a "more dovish-than-expected" Federal Reserve meeting. The... USD: struggles all the way," highlights a shifting landscape in global foreign exchange as we approach the end of 2025. The core narrative drives

Forex

Daily Market Outlook, June 15, 2023

Daily Market Outlook, June 15, 2023Munnelly’s Market Commentary… Asian equity markets traded predominantly higher; however, gains were limited as the market digested the aftermath of the Federal Open...

USDCHF H4 | React off 61.8%

TitleUSDCHF H4 | React off 61.8%TypeBearish ReversalPreference:Price is approaching our pivot point of 0.90558 which aligns with a 61.8% Fibonacci retracement. A reverse from here, price could fall to...

CHFJPY H4 | Bullish reversal from overlap support

TitleCHFJPY H4 | Bullish reversal from overlap supportTypeBullish BouncePreference:Price could approach the pivot point of 155.484 and potentially reverse from here; we could see momentum carry price...

GBPJPY H4 | Bullish breakout to the upside

TitleGBPJPY H4 | Bullish breakout to the upsideTypeBullish BreakoutPreference:Price is approaching the pivot point of 176.927 and could potentially break out of this level; we could see momentum carry...

AUDJPY H4 | Bullish bounce from pivot

TitleAUDJPY H4 | Bullish bounce from pivotTypeBullish BouncePreference:Price could approach the pivot point of 94.584 and potentially reverse from here; we could see momentum carry price up to its 1st...

Daily Market Outlook, June 14, 2023

Daily Market Outlook, June 14, 2023Munnelly’s Market Commentary… Asian equity markets traded with a somewhat mixed performance as the region displayed caution ahead of the Federal Open Market...

Chances of a Fed June Pause Grow, Focus Shifts on July Decision

The US inflation report for May could have caused serious market tremors yesterday, but this time the market's forecast was accurate. Core inflation accelerated to 0.4% on a monthly basis, while...

Markets Increasingly Bet on the End of the Fed Tightening Cycle

The dollar correction is in full swing as sellers explore new June lows, and this was largely influenced by the moderately positive CPI report for May:The core inflation retreated from 5.5% to 5.3%,...

Daily Market Outlook, June 13, 2023

Daily Market Outlook, June 13, 2023Munnelly’s Market Commentary… Asian equity markets traded mostly higher, taking cues from the gains on Wall Street. The S&P 500 and Nasdaq 100 reached their...