Blogs

USDCAD Retains Gained Support Above the 1.3302 Mark

Forex

<p>Get the 7 Step Checklist Johnathon Fox Uses to Find Every High Probability Price Action Trade</p> <p>The sentiment surrounding the US dollar seems quite healthy, and this has been helpful in pushing price action in the USDCAD market further upwards. Technical indicators still suggest that the bullish sentiment surrounding the p

US December NFP: Cooling the Fed?

Forex

<div><img width="750" height="430" src="https://assets.iorbex.com/blog/wp-content/uploads/2024/01/04131003/US-December-NFP-Cooling-the-Fed.png" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="US-December-NFP-Cooling-the-Fed" decoding="async" srcset="h

Intraday Analysis – Dollar Awaits NFP!

Forex

<div><img width="750" height="430" src="https://assets.iorbex.com/blog/wp-content/uploads/2024/01/04110755/Intraday-Analysis-Dollar-Awaits-NFP.png" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Intraday-Analysis-Dollar-Awaits-NFP" decoding="async" loadin

Daily Market Outlook, January 4, 2024

Forex

Daily Market Outlook, January 4, 2024Munnelly’s Market Minute… Asian markets experienced widespread declines as the cautious approach persisted from Wall Street, even in the absence of a specific trigger. The Nikkei 225 resumed trading after a prolonged break and recovered some of the losses seen in the region yesterday, with the decline being some

EURJPY H4 | Potential bullish breakout

Forex

TitleEURJPY H4 | Potential bullish breakoutTypeBullish BreakoutPreference:EURJPY could continue rising and break the pivot at 156.786, the pullback resistance, and rise to the 1st resistance level at 158.155, the swing-high resistance.Alternative scenario:The price could pullback from a pivot at 156.786, and fall to the 1st support level at 155.253

EURGBP H4 | Bullish bounce

Forex

TitleEURGBP H4 | Bullish bounceTypeBullish BouncePreference:EURGBP has bounced off the pivot at 0.86128, the overlap support, which aligns with the 61.8% Fibonacci retracement level. The price could continue to rise to the 1st resistance level at 0.86492, the overlap resistance.Alternative scenario:The price could pullback and breakout of the pivot

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