US Inflation Slows Down as Expected in July. What Does It Mean for the Greenback?
The CPI report for July, a crucial indicator for gauging inflationary pressures in the U.S. economy, revealed that both headline and core inflation figures rose by 0.2% month-on-month, perfectly in...
USDCHF H4 | Bullish Reversal
TitleUSDCHF H4 | Bullish ReversalTypeBullish BouncePreference:Price is falling toward the pivot of 0.8572, an overlap support close to 50% Fibo retracement. A reverse from this level could rise to 1st...
GBPUSD Soars on Better UK Jobs Data
UK Jobless Rate FallsThe British Pound is rallying today on the back of the latest UK economic data this morning. The jobless rate was seen falling back to 4.2% from 4.4% prior, marking a 2 and a half...
GBPJPY H4 | Bearish reversal
TitleGBPJPY H4 | Bearish reversalTypeBearish ReversalPreference:Price is rising toward the pivot of 191.43, a pullback resistance close to 38.2% Fib retracement. A reverse from this level could lead...
US Dollar Softens, Stock Markets Rally on Subdued PPI Data
The US Dollar is experiencing some softness as markets delve into the aftermath of July's US PPI report. The PPI, a gauge of inflation at the wholesale level, came in softer than anticipated....
GBPUSD H4 | Bearish reversal
TitleGBPUSD H4 | Bearish reversalTypeBearish ReversalPreference:Price is rising toward the pivot of 1.2805, an overlap resistance close to 38.2% Fibo retracement. A reverse from this level could lead...
EURGBP H4 | Bearish Continuation
TitleEURGBP H4 | Bearish ContinuationTypeBearish ReversalPreference:Price is rising toward the pivot of 0.8582, an overlap resistance close to 50& Fibo retracement. A reverse from this level could...
Daily Market Outlook, August 13, 2024
Daily Market Outlook, August 13, 2024Munnelly’s Macro Minute…“US Inflation Data Eyed As The Main Driver For A Fed Move ”Following mixed signals from Wall Street overnight, Asian stock markets are...
EURUSD H4 | Bearish Drop
TitleEURUSD H4 | Bearish DropTypeBearish DropPreference:Price is currently at the pivot of 1.0915, an overlap resistance, A fall from this level could lead the price to drop to 1st support at 1.0868,...
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