Blogs

Cop28 president says his firm will keep investing in oil

Forex

Exclusive: Sultan Al Jaber says Adnoc has to meet demand for fossil fuels, and hails ‘unprecedented’ Cop deal The president of the Cop28 climate summit will continue with his oil company’s record investment in oil and gas production, despite coordinating a global deal to “transition away” from fossil fuels. Sultan Al Jaber, who is also […]

USDJPY Possible Reversal to the Upside Is Imminent

Forex

<p>Get the 7 Step Checklist Johnathon Fox Uses to Find Every High Probability Price Action Trade</p> <p>USDJPY is currently facing more pressure from the bears. A possible reversal at the $140.94 support level is imminent. USDJPY Weekly Price Analysis – December 15At the moment the USDJPY pair is facing the downside; a possible re

Can Crude Find Upside Now?

Forex

<div><img width="750" height="430" src="https://assets.iorbex.com/blog/wp-content/uploads/2023/12/15135429/Can-Crude-Find-Upside-Now.png" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Can-Crude-Find-Upside-Now" decoding="async" srcset="https://asset

Intraday Analysis – USD continues lower

Forex

<div><img width="750" height="430" src="https://assets.iorbex.com/blog/wp-content/uploads/2023/12/15084844/USD-continues-lower.png" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="USD-continues-lower" decoding="async" loading="lazy" srcset="

EURUSD Traders Caught Between Fed &amp; ECB

Forex

EUR Rally StallsOn the back of the post-FOMC rally we saw on Wednesday, EURUSD was driven further higher yesterday by the ECB. While the bank held rates unchanged and arguably made some dovish adjustments to the decision statement, Lagarde’s pushback against rate-cut calls and her insistence that rates would need to stay at current levels […

Daily Market Outlook, December 15, 2023

Forex

Daily Market Outlook, December 15, 2023Munnelly’s Market Minute… Asia – Stocks in the Asia-Pacific region mostly traded higher, buoyed by positive sentiment from Wall Street, supported by favourable data and decreasing yields following the recent dovish pivot by the Federal Reserve. The Nikkei 225 rose, surpassing the psychological 33K handle

GER 40 H4 | Potential bearish breakout

Forex

TitleGER 40 H4 | Potential bearish breakoutTypeBearish BreakoutPreference:Price could break out of the pivot line at 16735.14, an overlap support, and revert to the 1st support level at 16450.45, also an overlap support.Alternative scenario:The price could bounce off the pivot line at 16735.14, and rise to the 1st resistance at 16960.36, the swing-

CHFJPY H4 | Potential bullish bounce?

Forex

TitleCHFJPY H4 | Potential bullish bounce?TypeBullish BouncePreference:Price is above the pivot point at 163.721, the pullback support, and could bounce off and rise to the 1st resistance level at 166.671, multi-swing high resistance.Alternative scenario:Price could break the pivot line at 163.721 and fall to 1st support level at 162.154, the swing

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