Day: February 23, 2023
Nvidia Bounces Back The big story from US earnings yesterday was the better than forecast results from tech group Nvidia. Rebounding from the prior quarter’s losses, the group posted Q4 EPS of $0.88 vs $0.81 expected on revenues of $6.051 billion vs $6.015 billion expected. Worth noting that year-on-year both EPS and revenues were lower. […]
Bitcoin has tested a very strong resistance at the level of 25200 and entered a correction. The asset might gain the required support at the level of 21500 and jump again. So, let’s wait and see what is going to happen next. Silver is trying to head up. However, it might retest the level of […]
To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts. TitleNZDUSD, H4 | Potential Bearish Drop TypeBearish Drop Preference:Looking at the H4 chart, my overall bias for NZDUSD is bearish as the current price is below the Ichimoku Cloud. Looking for a […]
To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts. TitleGBPJPY Potential for bullish rise towards overlap resistance TypeBullish Bounce PreferenceLooking at the H4 chart, my overall bias for GBPJPY is bullish due to the current price being above the Ichimoku cloud, […]
EURUSD, “Euro vs US Dollar” The currency pair has completed a wave of decline to 1.0600. Today the market might demonstrate a link of correction to 1.0640. Then a decline to 1.0584 should follow. And with a breakaway of this level as well, a pathway for the wave down to 1.0579 should open. GBPUSD, “Great […]
The US equities have finally succumbed to the hawkish interest rate narrative that was gathering momentum in the market since the start of the February. The recent stream of fundamental data updates, officials’ statements, warnings from market experts about Fed tightening extending into the second half of 2023 seem to have reached critical mass, which […]
To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts. TitleUSDCHF Potential for bullish rise towards intermediate high TypeBullish Breakout PreferenceLooking at the H4 chart, my overall bias for USDCHF is bullish due to the current price being above the Ichimoku cloud, […]
EURUSD is heading down again. The current quote is 1.0660. Yesterday investors were busy analysing the PMI of the EU and the US, but the attitude of the Federal Reserve System remained in the focus of attention. The closer we come to the publication of the minutes of the last meeting, which is scheduled on […]