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EURUSD, “Euro vs US Dollar” EURUSD has gained a foothold below the lower boundary of the bullish channel. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the lower boundary of the Cloud at 1.0585 is expected, followed by a decline to 1.0425. An additional signal confirming the decline […]
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 […]
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 […]
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 […]
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 […]
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 […]