Daily Market Outlook, January 18, 2024Munnelly’s Market Minute…“ECB Minutes Eyed, Lagarde Speaks Later”Asian markets had mixed trading, with most markets showing negative trends after central bank rate cut expectations were reversed. The Nikkei 225 fluctuated between gains and losses, influenced by recent currency weakness and disappointing machine
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Gold Sinks on Central Bank Rate-Cut Pushback
Gold Under PressureGold prices have come under heavy selling pressure this week with gold futures revering sharply lower from their initial Monday highs. The week started on a good footing for gold bulls with safe-haven demand driving the asset higher. However, a shift in the market’s central bank outlook across the week has seen longs […]
Potential Bearish Reversal off 50% Fibo Resistance
TitlePotential Bearish Reversal off 50% Fibo ResistanceTypeBearish ReversalPreference:Price is trading close to the pivot point of 1.26907 which is an overlap resistance that aligns with the 50.0% Fibonacci retarcement level and could potentially reverse from here; we could see momentum carry price down to its 1st support at 1.26412 which is a pull
AUD Halts Decline: Overview for January 18, 2024
<div><img width="360" height="360" src="https://blog.roboforex.com/wp-content/uploads/2023/06/AUDUSD_8-360×360.jpg" class="attachment-thumbnail size-thumbnail wp-post-image" alt="AUD/USD analysis today" style="margin-bottom: 15px;" decoding="async" /></div>
EUR Finds Support: Overview for January 18, 2024
<div><img width="360" height="360" src="https://blog.roboforex.com/wp-content/uploads/2023/06/EURUSD_4-360×360.jpg" class="attachment-thumbnail size-thumbnail wp-post-image" alt="EUR/USD analysis today" style="margin-bottom: 15px;" decoding="async" loading="laz
Technical Analysis & Forecast January 18, 2024
<div><img width="360" height="360" src="https://blog.roboforex.com/wp-content/uploads/2023/06/TA_16-360×360.jpg" class="attachment-thumbnail size-thumbnail wp-post-image" alt="Technical Analysis & Forecast" style="margin-bottom: 15px;" decoding="async" loadi
EUR/USD Price Rejected by 1.09 Level Amid Risk-off
<div><img width="638" height="390" src="https://www.forexcrunch.com/wp-content/uploads/2022/01/Screenshot_2-14.png" class="type:primaryImage wp-post-image" alt="my EUR/USD price analysis forecast outlook" style="margin-bottom: 15px;" decoding="async" fetchpriority="
USD/JPY Forecast: Robust US Sales Push Dollar to 1-Month Top
<div><img width="838" height="554" src="https://www.forexcrunch.com/wp-content/uploads/2022/11/Screenshot_2.jpg" class="type:primaryImage wp-post-image" alt="my USD/JPY price analysis outlook forecast" style="margin-bottom: 15px;" decoding="async" srcset="https://ww
AUD/USD Outlook: Aussie Dips After Employment Drop
<div><img width="1024" height="531" src="https://www.forexcrunch.com/wp-content/uploads/2023/05/Screenshot_2-min-1024×531.png" class="type:primaryImage wp-post-image" alt="my AUD/USD price analysis forecast" style="margin-bottom: 15px;" decoding="async" srcset="