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AUDUSD H4 | Potential Bullish Bounce?

TitleAUDUSD H4 | Potential Bullish Bounce?TypeBullish ReversalPreference:Price is falling towards the pivot point of 0.68046 and could potentially reverse from here; we could see momentum carry price...

Daily Market Outlook, July 14, 2023

Daily Market Outlook, July 14, 2023Munnelly’s Market Commentary… Asian equity markets were mostly positive in overnight trading following a favourable performance on Wall Street. Yields continued to...

AUDUSD Testing Major Level

Risk Rally Helping AussieThe uptick in risk appetite this week linked to the reversal in Fed expectations has helped AUD rally sharply. With the market now anticipating that the Fed will shift into...

Daily Market Outlook, July 12, 2023

Daily Market Outlook, July 12, 2023Munnelly’s Market Commentary… Asian equity markets exhibited a mixed performance as investors maintained caution ahead of the release of key US inflation data. The...

Daily Market Outlook, July 11, 2023

Daily Market Outlook, July 11, 2023Munnelly’s Market Commentary… Asian equity markets experienced positive performance, driven by modest gains on Wall Street. Cyclicals benefited from promising...

Daily Market Outlook, July 10, 2023

Daily Market Outlook, July 10, 2023Munnelly’s Market Commentary… Asian equity markets showed a positive start to the week, although gains were limited due to investors digesting softer-than-expected...

Daily Market Outlook, July 07, 2023

Daily Market Outlook, July 07, 2023Munnelly’s Market Commentary… Asian equity markets lower as global markets experienced selling pressure driven by declines on Wall Street. The Nikkei 225  opened...

Daily Market Outlook, July 06, 2023

Daily Market Outlook, July 06, 2023Munnelly’s Market Commentary… Asian equity markets mostly traded lower, influenced by weak global data releases, a rising yield environment, and limited guidance...

AUDUSD H4 | Bullish reversal from 61.8% Fibo

TitleAUDUSD H4 | Bullish reversal from 61.8% FiboTypeBullish BouncePreference:Price is falling towards the pivot point of 0.66292 and could potentially reverse from here; we could see momentum carry...