Market Analysis

The dollar index continued to rise on Thursday and broke through the 104 level. The dynamics of economic activity in the US continues to surprise this quarter, which allows the Fed to remain hawkish and keep short-term yields in the US unchanged. Today’s data calendar is not particularly remarkable, but several speakers from the Fed […]

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 Potential for bearish drop to previous swing low TypeBearish Reversal Preference:Looking at the H4 chart, my overall bias for NZDUSD is bearish due to the current price being below the Ichimoku […]

Loonie Looking to Break USDCAD has seen a solid run of demand this week, turning focus to the potential for a breakout higher in coming sessions. The pair has been stuck in a range for most of the year so far caught between support at 1.3218 and resistance at 1.3501. However, on the back of […]

Signs of picking up US economic activity and inflation in the new year have fueled hawkish rhetoric from Fed officials. Yesterday it was the Fed’s Mester and Bullard’s turn to once again put forward the idea of a more aggressive 50 basis point rate hike. Barkin and Bowman are also speaking today, and most likely […]

Yields Rising Quickly US yields are surging higher once again this week on the back of a recent string of better-than-forecast US data which has thrown the ‘Fed pivot’ narrative into turmoil.  With jobs data coming in well above forecasts, inflation jumping again last month and retail sales bouncing back to their highest level 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. TitleGBPUSD, H4 | Potential retest on the overlap support TypeBullish Rise Preference:Looking at the H4 chart, my overall bias for GBPUSD is bullish. Looking for a buy entry at 1.19189 where the […]

Yesterday the picture in the crypto market was such impressive! On Friday, the BTC still looks strong, preserving weekly growth of 8%. The leading cryptocurrency is now trading at 23,763 USD. So, great news is that the BTC is holding above the important support level of 21,500 USD. After the situation on the platform stabilised, […]

EURUSD falling has sped up. The current quote is 1.0640. Yesterday investors got one more confirmation of an increase in the US inflation pressure, and they expressed it enthusiastically. The PPI in January grew by 0.7% m/m instead of 0.4% and after a decline by 0.3% m/m. As for the decline year-by-year, it turned out […]

Daily Market Outlook, February 17, 2023 Fed Hawks Weigh On Risk Appetite As Investor Risk Sentiment Sours Asian equities declined as US producer price inflation and hawkish Fed rhetoric weighed on investor appetite into the weekend. Treasury yields ascended with the 10yr yield approaching 4% as markets reprice US  rate expectations towards three further 25bps […]

To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts. TitleUSDCAD, H4 | Potential for Bullish Rise to 61.8% Fibonacci line TypeBullish Rise Preference:Looking at the H4 chart, my overall bias for AUDUSD is bullish as the current price is above the […]

EURUSD, “Euro vs US Dollar” The currency pair continues developing a structure of decline to 1.0612. After this level is reached, a link of correction to 1.0715 is not excluded, followed by a decline to 1.0500. GBPUSD, “Great Britain Pound vs US Dollar” The currency pair continues developing a structure of decline to 1.1901. After […]

Brent On H4, the quotes have broken through the 200-day Moving Average and are now below it, which indicates possible development of a downtrend. The RSI has bounced off the resistance line. As a result, further falling of the price to the nearest support of 5/8 (82.81) is expected. The scenario can be cancelled by […]