Latest Market News

Aug 08
EURUSD H4 | Falling to 78.6% Fibo support

TitleEURUSD H4 | Falling to 78.6% Fibo support TypeBullish Bounce Preference: Price is falling towards the pivot point of 1.09221 which is an overlap support that aligns with the 78.60% Fibonacci retracement level and could potentially reverse from here; we could see momentum carry price up to its 1st resistance at 1.10349 which is an […]

Aug 08
FCA warns against GRANDFXOPTION

Unauthorised firm details Name: GRANDFXOPTION Address: Mill Point, Abbey Road, Barking, Essex, England, UNITED KINGDOM, IG11 7FU Kemp House, 160 City Road, UNITED KINGDOM, EC1V 2NX Telephone: +447520660879 Email: [email protected] Website: https://grandfxoption.com Some firms may give incorrect contact details including postal addresses, telephone numbers and email addresses. They may change these contact details over time. […]

Aug 08
Daily Market Outlook, August 7, 2023

Daily Market Outlook, August 7, 2023 Munnelly’s Market Commentary…  Asian equity markets started the week on a mostly negative note, influenced by last Friday’s late decline in Wall Street. The drop in Apple shares post-earnings and reactions to weaker-than-expected Non-Farm Payrolls and higher US hourly earnings contributed to the subdued mood in the region. In […]

Aug 08
USDCAD Day | Potential bearish reversal?

TitleUSDCAD Day | Potential bearish reversal? TypeBearish Reversal Preference:Price is currently at our pivot point 1.33807 which is an overlap resistance that aligns with 50% Fibo retracement. if it reverses from here, price could fall to 1st support at 1.32837 which is a pullback support level Alternative scenario:However, if price breaks above the pivot, it […]

Aug 07
FCA warns against TRIDENTOPTIONSFX

Unauthorised firm details Name: TRIDENTOPTIONSFX Address: Endsleigh Street, London, UNITED KINGDOM Email: [email protected] Website: https://tridentoptionsfx.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 or individual, so the information looks […]

Aug 07
EURUSD Testing Trendline Support

EUR Lower Following ECB EURUSD is starting the week on a softer footing as the pair continues to hold near the foot of the recent correction lower. The latest ECB meeting saw the bank hiking rates by a further .25% while leaving the door open to further action if needed. However, the tone of the […]