Blogs

Intraday Analysis – CAD Begins Turnaround

Forex

<div><img width="750" height="430" src="https://assets.iorbex.com/blog/wp-content/uploads/2024/01/10093842/Intraday-Analysis-CAD-Begins-Turnaround.png" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Intraday-Analysis-CAD-Begins-Turnaround" decoding="async"

GBPUSD M5 | Bearish reversal

Forex

TitleGBPUSD M5 | Bearish reversalTypeBearish ReversalPreference:Wait for price to pullback at the pivot point at 1.27049 , an overlap resistance, A reverse from this point, could lead the price to fall to 1st support at 1.2671, a multi swing low support levelAlternative scenario:If price breaks above the pivot, it might rise to 1st resistance at [&

Daily Market Outlook, January 10, 2024

Forex

Daily Market Outlook, January 10, 2024Munnelly’s Market Minute…“Nikkei Hits 34 Year Highs”Most stocks in the Asian region saw a decline following the weak performance of Wall St and cautiousness ahead of important inflation data and earnings reports.The Nikkei 225 has reached a level above 34k handle for the first time in more than thirty years, [&

Potential Bearish Reversal

Forex

TitlePotential Bearish ReversalTypeBearish ReversalPreference:Price has just reversed off the pivot point of 184.063 which is a multi-swing-high resistance  level and could potentially drop lower from here; we could see momentum carry price down to its 1st support at 181.902 which is a pullback support that aligns close to the 38.2% Fibonacci retra

EURUSD M15 | Bearish reversal

Forex

TitleEURUSD M15 | Bearish reversalTypeBearish ReversalPreference:Price is rising toward the pivot point at 1.0935 , a multi swing high resistance, A reverse from this point, could lead the price to fall to 1st support at 1.0994, a multi swing low support levelAlternative scenario:If price breaks above the pivot, it might rise to 1st resistance at [

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