Day: January 12, 2024

TitleEURUSD M15 | Bearish reversal? TypeBearish Drop Preference:Price has just reacted off our pivot point of 1.0977, which serves as  a multi swing high resistance level. A reversal from this point could lead the price to drop to the 1st support at 1.0938, an overlap support level. Alternative scenario:If the price breaks above the pivot, […]

The currency market and the US bond market are in a bit of a pickle, with prices moving in tight ranges or resembling fading oscillations. It seems like all the hot info that came out recently is already baked into the prices: Hopes for figuring out the next trend are pinned on today’s US inflation […]

Daily Market Outlook, January 11, 2024 Munnelly’s Market Minute…“Markets Buoyant Ahead of US CPI Data” Asian stocks followed the upward trend seen in the US despite the absence of significant driving factors, as markets anticipate the release of US CPI data. The Nikkei 225 continued its impressive rally, surpassing 35K for the first time since […]