Day: November 7, 2023

Bullock Hikes Rates Further The Australian Dollar has come under heavy selling pressure today despite the RBA hiking rates once again overnight. New RBA governor Bullock lifted rates by a further .25% to record highs of 4.35%, their highest level for 12 years, on the back of Q3 inflation coming in stronger than expected. Looking […]

TitleDE30EUR H4 | Bullish bounce off 38.2% fibo? TypeBullish Bounce Preference: Price is falling to our pivot point at 15011.7, which is a pullback support level, aligning with the 38.2% fibo retracement and 78.6% fibo projection. Price could bounce from our pivot point to rise to the 1st resistance at 15227.9, which is a multi-swing […]

Risk-On Hurting Gold Gold prices are trading a little lower on Monday as we kick of the week with a positive risk tone. Despite the ongoing conflict in Gaza, traders have been buoyed by Friday’s set of weaker-than-forecast US jobs numbers. The headline NFP printed 150k, down from 297k prior and below the 178k the […]

Futures Weekly Action Areas #ES #NQ #YM To access the weekly action areas for the trading week ahead in the emini futures markets use the links below Emini SP500 https://www.youtube.com/watch?v=HT-CBSjCh4U&t=1s Emini Nasdaq https://www.youtube.com/watch?v=OTvlU3u1sHo Emini DowJones https://www.youtube.com/watch?v=E6MgbPehLks Source: Tickmill