Daily Market Outlook, June 01, 2023Munnelly’s Market Commentary… Most Asian equity markets experienced positive trading overnight following the passage of the debt ceiling bill by the US House of...
Daily Market Outlook, May 31, 2023
Daily Market Outlook, May 31, 2023Most Asian equity markets traded lower as they took cues from a mixed handover from Wall Street. Investor sentiment was clouded by opposition to the debt ceiling bill...
Daily Market Outlook, May 30 , 2023
Daily Market Outlook, May 30 , 2023Despite positive developments in the US debt ceiling negotiations, the risk sentiment remained cautious during the Asian trading session. President Biden and House...
Big Bitcoin Volatility on Tuesday
Big Bitcoin MovesWe’re seeing plenty of volatility in Bitcoin at the start of the new week. The leading digital asset was seen gapping higher at the open today, hitting its highest levels since the...
BTCUSD H4 | Bullish reversal from overlap support
TitleBTCUSD H4 | Bullish reversal from overlap supportTypeBullish BouncePreference:Price is approaching the pivot point of 27499.07 and could potentially reverse from here, we could see momentum carry...
Gold Forecast: Correction Underway?
Gold has approached the uptrend. However, the asset is likely to break the trend and head down due to the formed double top. Should the asset break the uptrend, it might rebound back to the broken...
Daily Market Outlook, May 26 , 2023
Daily Market Outlook, May 26 , 2023Asian equity markets generally strengthened, taking cues from the rally in the US driven by AI technology stocks. Additionally, reports surfaced indicating progress...
Daily Market Outlook, May 25 , 2023
Daily Market Outlook, May 25 , 2023Asian equities were mainly lower overnight as caution prevailed in the region following Wall Street's losses. The market sentiment was influenced by concerns...
S&P500 is Trading Flat: What’s Next?
American stock index S&P500 rebounded from the upper boundary of the range, that is, the resistance level of 4195. Currently, the index is going down, targeting the opposite side of the range. The...
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