The confidence level of central bank leaders in further interest rate hikes is increasing, as demonstrated by the ECB symposium in Sintra. Powell stated that the policy may not be restrictive enough, and current expectations regarding the duration of the period of high interest rates may be underestimated by the market. He also acknowledged the […]
TitleAUDUSD H4 | Bearish reversal from 23.6% Fibo TypeBearish Reversal Preference: Price could approach the pivot point at 0.6668 and potentially reverse to drop to the 1st support at 0.65938. Alternative scenario: If price breaks above the pivot point, it could hit the 1st resistance at 0.67178. To discuss this trading idea, head over to […]
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EURUSD, “Euro vs US Dollar” EURUSD has left the borders of the bullish channel. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the lower border of the Cloud at 1.0900 is expected, followed by a decline to 1.0660. An additional signal confirming the decline will be a rebound […]
EURUSD, “Euro vs US Dollar” EURUSD has formed a Hammer reversal pattern next to the support level on H4. The instrument could now go by the reversal signal in an ascending wave. The growth target might be the resistance level at 1.0950. However, the quotes could correct to the 1.0825 level and continue the uptrend […]
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Unauthorised firm details Name: METABITEXCHANGE Address: 100 Cheapside, London, UNITED KINGDOM, EC2V 6DT Email: [email protected] Website: www.metabitexchange.com Some firms may give incorrect contact details including postal addresses, telephone numbers and email addresses. They may change these contact details over time. They may also give you details that belong to another business or individual, so the […]
TitleNZDUSD H4 | Bearish reversal off pivot TypeBearish Reversal Preference: Price has reversed from the pivot point at 0.60948 to drop lower. Could momentum carry price down to its 1st support at 0.60354? Alternative scenario:If price were to move above the pivot point, it could reach the 1st resistance at 0.61253. To discuss this trading […]
Daily Technical Trade Setups #GBPUSD #EURUSD #DXY To access today’s actionable analysis, click here! Source: Tickmill