Dollar in DemandThe US Dollar is holding at highs as we move through the middle of the week. Monday’s better-than-forecast retail sales data, hot on the heels of last week’s bumper inflation reading,...
Daily Market Outlook, April 17, 2024
Daily Market Outlook, April 17, 2024Munnelly’s Macro Minute…“Another Powell Flip Flop On Rate Cut Timing Weighs On Risk”On Wednesday, global markets continue navigating through some volatility,...
GBPUSD M30 I Bullish Bounce
TitleGBPUSD M30 I Bullish BounceTypeBullish BouncePreference:Price is falling toward the pivot point of 1.2432, a pullback support that aligns with 38.2% Fibo retracement. A bounce from this level...
Euro and Pound React to Inflation Data: What Lies Ahead?
Inflation data releases from both the Eurozone and the United Kingdom spurred the recovery of the Euro and the Pound Sterling on Wednesday. Let's delve into the implications of these figures and...
Pound Drops As UK Jobless Level Rises
Unemployment Rate RisesThe latest set of UK labour market readings, released today, was something of a mixed bag. On the one hand, wages were seen holding steady at 5.6%, above the expected 5.5%, with...
Bullish Uptrend to resume after Pullback?
TitleBullish Uptrend to resume after Pullback?TypeBullish BouncePreference:Price could fall towards the pivot point of 1.3738 which is a pullback support level and potentially reverse from here; we...
EURUSD M15 | Bullish Bounce
TitleEURUSD M15 | Bullish BounceTypeBullish RisePreference:Price is currently at the pivot point of 1.0611, A bounce from this level could lead the price to rise to the 1st resistance at 1.0650, a...
Approaching Pullback Support
TitleApproaching Pullback SupportTypeBullish BouncePreference:Price is falling towards the pivot point of 0.5873 which is a pullback support level and could potentially reverse from here; we could see...
Dollar Dominance: A Stronghold Amidst Global Uncertainty
The US Dollar continues its triumphant ascent as the US economy flexes its muscles against its G10 counterparts. Riding on the waves of changing short-term yield differentials, the Greenback finds...
Cookie Policy: The Tickmill website uses cookies. By continuing browsing the page you automatically agree to our use of cookies. For more information on our cookie usage, on how to change cookies and their settings see our Cookies Policy.