Day: November 1, 2023

Nov 01
Daily Market Outlook, November 1, 2023

Daily Market Outlook, November 1, 2023 Munnelly’s Market Commentary…  Asia –  stocks experienced predominantly higher trading conditions. However, the gains were limited for most indices ahead of the FOMC announcement. The region also faced a series of data releases, including disappointing Chinese Caixin Manufacturing PMI, which marked its first contraction in three months. The Nikkei […]

Nov 01
EURJPY H4 | Bullish bounce off 38.2% fibo?

TitleEURJPY H4 | Bullish bounce off 38.2% fibo? TypeBullish Bounce Preference: Price is hovering at our pivot point at 159.82, which is a pullback support level, aligning with the 38.2% fibo retracement. Price could bounce off the pivot point and rise towards the 1st resistance at 160.83, which is a swing high resistance level. Alternative […]

Nov 01
FCA warns against ARCHIDEX INVESTMENT

Unauthorised firm details Name: ARCHIDEX INVESTMENT Address: Balmoral Road, Coalville, Leicestershire, UNITED KINGDOM, LE67 4PE 10 College Road, Harrow, Middlesex, UNITED KINGDOM, HA11 1BE Email: [email protected] Website: www.archidexinvestment.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 […]

Nov 01
FCA warns against HOTMARKETSCFDS

Unauthorised firm details Name: HOTMARKETSCFDS Address: 76 Commercial Street, Edinburgh, UNITED KINGDOM, EH6 6LX 846 Melrose Street, Spokane, WA, UNITED STATES OF AMERICA, 99201 Email: [email protected] Website: www.hotmarketscfds.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 […]

Nov 01
USDJPY H4 | Falling to Support level?

TitleUSDJPY H4 | Falling to Support level? TypeBearish Reversal Preference: Price has just reacted off our pivot point of 149.51, which serves as a pullback resistance level. A reversal from this point could lead the price to drop to the 1st support at 148.89, a swing-low support level. Alternative scenario:However, if the price breaks above […]

Nov 01
Daily Market Outlook, October 31, 2023

Daily Market Outlook, October 31, 2023 Munnelly’s Market Commentary…  Asia –  stock markets experienced mixed trading as the month came to a close. This period was marked by a significant influx of data releases, including discouraging official Chinese PMIs, and investors also had to digest a multitude of earnings reports, along with the conclusion of […]