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Daily Market Outlook, April 5, 2024

Daily Market Outlook, April 5, 2024Munnelly’s Macro Minute…“Rate Narrative Muddied By Energy Price Elevation”Most Asian stock markets are experiencing declines on Friday, in response to the drop in...

Bullish Momentum to Extend?

TitleBullish Momentum to Extend?TypeBullish BreakoutPreference:Price is showing strong bullish momentum, buy at market (pivot point of 0.65830); we could see momentum carry price up to its 1st...

Aussie Inverse H&S On Watch

Aussie on The UpThe Australian Dollar is tearing higher against USD today as the weakness in the greenback continues to drive movements across FX markets. With traders now leaning into the prospect of...

Daily Market Outlook, April 4, 2024

Daily Market Outlook, April 4, 2024Munnelly’s Macro Minute…“Powell Rate Rhetoric Sinks Dollar, Risk Sentiment Rises”Asian stock markets are mostly trading higher on Thursday, following the positive...

Potential Bullish Breakout

TitlePotential Bullish BreakoutTypeBullish BreakoutPreference:Price is rising towards the pivot point of 0.65186 which is a potential breakout level and could climb higher from here; we could see...

Daily Market Outlook, April 3, 2024

Daily Market Outlook, April 3, 2024Munnelly’s Macro Minute…“Powell Comments The Macro Catalyst Of The Day ”On Wednesday, Asian stock markets are experiencing widespread losses, influenced by the...

Daily Market Outlook, April 2, 2024

Daily Market Outlook, April 2, 2024Munnelly’s Macro Minute…“Markets Return To An Uncertain US Rate Cut Narrative”Asian equity indices are treading cautiously as they assess the potential timing and...

Daily Market Outlook, March 28, 2024

Daily Market Outlook, March 28, 2024Munnelly’s Macro Minute…“Markets Await Holiday US PCE Data & Powell Speech”Asian stock markets are experiencing a mix of trading on Thursday, as they respond to...

Aussie Slips on Weak CPI Reading

Aussie Under PressureThe Aussie Dollar is back under offer today following weaker-than-forecast inflation data overnight. Australian annualised CPI was seen holding at 3.4% last month, undershooting...