Market Analysis
Detailed market analysis for the global markets provided by various regulated forex brokers technical analysis teams
Disclaimer: Market Analysis is published for informational purposes only and should not be considered as investment advice, recommendations, or suggestions for performing any action with financial instruments. The analysis belongs to their respective authors and “Brokers Watch” is not responsible for their content.
XAUUSD, “Gold vs US Dollar” At the support level, Gold has formed an Inverted Hammer reversal pattern. Currently, the instrument can go by the signal in an ascending wave. The goal of the growth might be 1890.50. Upon testing the resistance level, the pair might get the chance to break through it and continue the […]
To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts. TitleAUDUSD, H4 | Potential for bearish drop to recent swing low TypeBearis Preference:My overall bias for AUDUSD is bearish as there is a descending trend line. Looking ofr buy entry at 0.701, […]
To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts. TitleETHUSD potential for bearish drop to overlap support TypeBearish Reversal Preference:Looking at the H4 chart, my overall bias for ETHUSD is bearish due to the current price being below the Ichimoku cloud, […]
The BTC dropped again. The market melted down under the fears of the upcoming steps of the Federal Reserve System. The US stock indices slid down, and because of high levels of correlation with them the BTC lost balance as well. For the buyers, the situation looks disquieting because the price has dropped under the […]
EURUSD got depressed again. The current quote is 1.0720. The falling of the market major overnight is not the most common event, but now it looks normal. Investors are cautious, waiting for inflation statistics. The publication is scheduled for the next week. The scariest thing for the market is the probability of the economic slow-down […]
Daily Market Outlook, February 10, 2023 Valentines Day Pick For BoJ Chief Could Prove To Be A Heartbreaker For Yen Bears Asian equities are mostly lower overnight as declines in US equities persisted following reports suggesting Fed comments that US interest rates have further to rise. Chinese inflation data for January was mixed as annual […]
To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts. TitleGold potential for bearish drop towards overlap support TypeBearish Drop Preference:Looking at the H4 chart, my overall bias for Gold is bearish due to the current price being below the Ichimoku cloud, […]
Daily Market Outlook, February 9, 2023 European Markets On the Front Foot, As German Inflation Increases At A Slower Rate Asian markets trade with a bid tone, China indices pushed higher on PBOC liquidity interventions, an overnight reversal in US futures adds fuel to the risk on sentiment as delayed German inflation data came in […]
To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts. TitleEURUSD Potential for bearish drop towards previous swing low TypeBearish Reversal Preference:Looking at the H4 chart, my overall bias for EURUSD is bearish due to the current price being below the Ichimoku […]
EURUSD is hardly moving. The current quote is 1.0730. The market has lived through serious changes in the moods – from panicking about statistics to becoming neutral again. This is time to get your nerve back. Meanwhile, inflation remains one of the crucial topics. For example, an ECB representative Klaas Knot voiced yesterday that the […]
USDCHF, “US Dollar vs Swiss Franc” On H4, the quotes are under the 200-day Moving Average, revealing prevalence of a downtrend. The RSI is testing the support level. A downward breakaway of 2/8 (0.9155) is expected, followed by falling to the support level of 1/8 (0.9094). The scenario can be cancelled by rising over the […]
Newly minted dollar bulls after the NFP report did not hear anything encouraging from Powell on Tuesday, but other Fed representatives tried to meet market’s request for hawkish comments. Four Fed officials, who are at different positions on the spectrum of hawks and doves, have indicated that it is necessary to raise rates above 5%, […]
