Day: July 20, 2023

Jul 20
EURJPY H4 | Bullish bounce off 23.6% fibo?

TitleEURJPY H4 | Bullish bounce off 23.6% fibo? TypeBullish Bounce Preference:Price is within our pivot point and the 23.6% fibo retracement range, at 156.10. Price could potentially make a bullish bounce off this 23.6% fibo retracement, to the 1st resistance at 157.14. Price would then start to reverse from the 1st resistance due to the […]

Jul 20
Daily Market Outlook, July 20, 2023

Daily Market Outlook, July 20, 2023 Munnelly’s Market Commentary…  Asian equity markets had a mixed trading session, reflecting the uncertain performance in the US markets as investors processed various data releases, corporate earnings results from tech darlings Netflix and Tesla, the latter saw a decline in margins as it continues to boost discounts, while Netflix’s […]

Jul 20
FCA warns against SINCERESYSTEMSGROUPLTD.CC

Unauthorised firm details Name: SINCERESYSTEMSGROUPLTD.CC Address: 71-75 Shelton Street, London, UNITED KINGDOM, WC2H 9JQ Email: [email protected] Website: https://sinceresystemsgroupltd.cc Some firms may give incorrect contact details including postal addresses, telephone numbers and email addresses. They may change these contact details over time. They may also give you details that belong to another business or individual, so […]

Jul 20
FCA warns against Gallant Access

Unauthorised firm details Name: Gallant Access Address: 85 Great Portland Street, First Floor, London, W1W 7LT Email: [email protected] Website: www.gallantaccess.live Some firms may give incorrect contact details including postal addresses, telephone numbers and email addresses. They may change these contact details over time. They may also give you details that belong to another business or […]

Jul 20
FCA warns against DURBAN TRADEFX

Unauthorised firm details Name: DURBAN TRADEFX Address: 41 Devonshire Street, Ground Floor Office 1, London, UNITED KINGDOM, W1G 7AJ Website: www.durbantradefx.com Some firms may give incorrect contact details including postal addresses, telephone numbers and email addresses. They may change these contact details over time. They may also give you details that belong to another business […]

Jul 20
Daily Market Outlook, July 19, 2023

Daily Market Outlook, July 19, 2023 Munnelly’s Market Commentary…  Asian equity markets had a mixed performance as ongoing economic concerns in China partially offset positive sentiment from strong bank earnings in the US and dovish commentary from the European Central Bank. The Nikkei 225 outperformed, rising by 0.8% following comments from Bank of Japan Governor […]

Jul 20
The FTSE Finish Line – July 19 – 2023

The FTSE Finish Line – July 19 – 2023 Inflation Flops FTSE Flies  FTSE 100 index is up 2.1% as UK housebuilders and property firms experienced significant gains as inflation slowed sharply in the country. The UK housebuilders’ index surged by 6.4%, on track for its best day since November 2008. The housing index rose […]

Jul 20
The cryptocurrency market digest (BTC, MATIC). Overview for 19.07.2023

The BTC exchange rate reached 30,082 USD on Wednesday. Last night, the flagship cryptocurrency experienced a remarkable decline and tested support at 29,800 USD. This is due, firstly, to the lack of new buying drivers. Secondly, the time factor is working against buyers: the longer the pause in purchases persists, the less positive momentum there […]

Jul 20
EUR became less overbought. Overview for 19.07.2023

The major currency pair has moved lower and is consolidating. The current EURUSD quote is 1.1230. EURUSD simply got rid of some of its overbought status after renewing the yearly high of 1.1280. From a market perspective, this does not change much: the US dollar remains weak due to the anticipation of decisions by the […]

Jul 20
AUDUSD H4 | Bounce off Support level?

TitleAUDUSD H4 | Bounce off Support level? TypeBullish Bounce Preference: Price is falling to  our pivot point of 0.67173 which is a pullback support level that aligns with 61.8% Fibo retracement. A bounce off from here, price could rally to 1st resistance at 0.67907 which is a pullback resistance level Alternative scenario:However, if price breaks […]