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Daily Market Outlook, October 31, 2023

Daily Market Outlook, October 31, 2023Munnelly’s Market Commentary… Asia -  stock markets experienced mixed trading as the month came to a close. This period was marked by a significant influx of data...

Daily Market Outlook, October 30, 2023

Daily Market Outlook, October 30, 2023Munnelly’s Market Commentary… Asia - stock markets experienced mixed trading with most major indices ending in negative territory. The ongoing geopolitical...

Daily Market Outlook, October 27, 2023

Daily Market Outlook, October 27, 2023Munnelly’s Market Commentary… Asia - Asian stocks are trading with a positive bias, driven by well-received earnings reports from Amazon and Intel, which lifted...

AUDUSD H4 | Rising into 61.8% Fibo resistance

TitleAUDUSD H4 | Rising into 61.8% Fibo resistanceTypeBearish ReversalPreference:Price is rising towards the pivot point of 0.63472 which is an overlap resistance that aligns with the 61.8% Fibonacci...

Daily Market Outlook, October 26, 2023

Daily Market Outlook, October 26, 2023Munnelly’s Market Commentary… Asia - Asian stocks experienced a decline, reaching 11-month lows, while U.S. futures also dropped. The surge in the dollar and...

AUD Rallies on Fresh Inflation Surge

CPI Spikes AgainThe Aussie Dollar has seen fresh demand across early European trading on Wednesday following the latest Aussie data overnight. CPI was seen ticking back up last quarter with the...

Daily Market Outlook, October 25, 2023

Daily Market Outlook, October 25, 2023Munnelly’s Market Commentary… Asia - Asian stocks displayed mixed trading patterns, influenced by a positive lead from Wall Street. Market focus shifted to the...

US Dollar Resilience amid Surprising PMI Data

The US Dollar, often at the center of currency markets, exhibited resilience in the face of mounting bearish pressure. This defiance was fueled by the release of Composite PMI data from S&P...

Daily Market Outlook, October 24, 2023

Daily Market Outlook, October 24, 2023Munnelly’s Market Commentary… Asia - Asian stocks edged up on Tuesday, recovering slightly from their lowest level since November 2022, while the dollar softened...