Daily Market Outlook, February 1, 2024Munnelly’s Market Minute…“Focus Shifts To BoE After Post FOMC Selloff”Asian markets showed a mixed performance following losses on Wall Street due to concerns in...
Federal Reserve Faces Conundrum as Markets Anticipate Status Quo in January Policy Meeting
The USD Index (DXY) is currently undergoing a consolidative phase, hovering around the 103.50 zone, which aligns with the pivotal 200-day Simple Moving Average (SMA). Despite the recent bullish trend...
Daily Market Outlook, January 31, 2024
Daily Market Outlook, January 31, 2024Munnelly’s Market Minute…“Focus Firmly On FOMC”Asian markets were mostly quiet as a result of numerous earnings and important data releases at the end of the...
Pound, Euro Remain Confined in Ranges Despite Central Bank Uncertainty
The Pound Sterling faced a decline as investor sentiment turned cautious in anticipation of a bustling week. The GBP/USD pair experienced a gradual fall, with all eyes on the forthcoming interest rate...
Daily Market Outlook, January 30, 2024
Daily Market Outlook, January 30, 2024Munnelly’s Market Minute…“Eurozone Q4 GDP Eyed”Asian markets saw a mixed trading session with the momentum from Wall St's record highs offset by weakness in...
Daily Market Outlook, January 29, 2024
Daily Market Outlook, January 29, 2024Munnelly’s Market Minute…“China Winds Up Evergrande, Middle East Tensions Rise”Over the weekend, news emerged that China's securities regulator would halt...
Daily Market Outlook, January 26, 2024
Daily Market Outlook, January 26, 2024Munnelly’s Market Minute…“China Stimulus Bid Fades”Asian markets have experienced broad declines following a recent period of gains. The negative sentiment...
Daily Market Outlook, January 25, 2024
Daily Market Outlook, January 25, 2024Munnelly’s Market Minute…“Tesla Earnings Disappoint, ECB On Deck”Asian markets saw modest gains, although the overall positive momentum was limited due to the...
DAX H4 | Bearish breakout
TitleDAX H4 | Bearish breakoutTypeBearish BreakoutPreference:Price is on a downtrend to the pivot point at 16837.37, the pullback support. Price could break the pivot and fall to 1st support at...
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