TitleAUDUSD H4 | Potential bullish reversalTypeBullish BouncePreference:Price is falling towards the pivot point of 0.65991 which is a pullback support that aligns close to the 127.2% Fibonacci...
Daily Market Outlook, July 28, 2023
Daily Market Outlook, July 28, 2023Munnelly’s Market Commentary… Asian equity markets traded mixed as investors were cautious and focused on the Bank of Japan's (BoJ) policy decision. The central...
Daily Market Outlook, July 27, 2023
Daily Market Outlook, July 27, 2023Munnelly’s Market Commentary… After the Federal Reserve's widely expected 25bps rate hike and Chairman Jerome Powell's remarks about keeping the door open...
AUDUSD H4 | Rising into resistance
TitleAUDUSD H4 | Rising into resistanceTypeBearish ReversalPreference:Price is rising towards the pivot point of 0.68331 which is a pullback resistance that aligns with the 127.2% Fibonacci extension...
Aussie CPI Sees Near Term RBA Rate Repricing
CPI Falls AgainThe Aussie Dollar has come under pressure today on the back of the latest set of Australian inflation figures released overnight. CPI was seen cooling further last month, with the...
Daily Market Outlook, July 26, 2023
Daily Market Outlook, July 26, 2023Munnelly’s Market Commentary… Asian equity markets traded in a mixed fashion overnight with a lack of clear direction as major central bank policy decisions are...
Aussie Rallies On Chinese Stimulus Promise
Lack of Detail at PolitburoThe keenly awaited Chinese Politburo meeting yesterday was a mixed bag for investors. On the one hand, commodities prices and local markets were seen rising as Chinese...
Daily Market Outlook, July 25, 2023
Daily Market Outlook, July 25, 2023Munnelly’s Market Commentary… Asian equity markets traded higher, with Chinese stocks leading the gains. The rally in Chinese stocks came after the country's...
AUDUSD H4 | Falling to pullback support
TitleAUDUSD H4 | Falling to pullback supportTypeBullish BouncePreference:Price is falling towards the pivot point of 0.67014 and could potentially reverse from here; we could see momentum carry price...
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