Detailed market analysis for the global markets provided by various regulated forex brokers technical analysis teams
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The January US CPI report was yet another signal that the US economic expansion could experience a surprising reacceleration in January and that the path of consumer inflation towards the target level of 2% will be not so predictable. It was naive to think that after the 500K jobs added in January, considering the relationship […]
EURUSD, “Euro vs US Dollar” On H4, at the support level, the pair has formed a Hammer reversal pattern. The instrument is now going by the signal in an ascending wave. The goal of the growth might be 1.0800. However, the price may pull back to 1.0665, bounce off it and continue the uptrend after […]
EURUSD, “Euro vs US Dollar” The currency pair has completed a link of growth to 1.0720. Today the market has formed a narrow consolidation range around this level and with an escape upwards a link of growth to 1.0775 might follow. After this level is reached, a link of decline to 1.0720 is expected. Then […]
Equities Firmer Ahead of US CPI Global equities benchmarks have seen a mostly positive start to the week ahead of today’s headline US inflation data. Markets came under pressure at the open yesterday as traders reacted to forecasts of an increase in monthly inflation, projected at 0.5% from -0.1% prior. However, annual inflation forecast to […]
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 Preference:Looking at the H4 chart, my overall bias for GBPJPY is bullish due to the current price being above the Ichimoku cloud, […]
The British pound against the US Dollar has recovered after a previous wave of decline. The current quote is 1.2142. Britain presented the first block of macro statistics scheduled for this week. The unemployment rate in December remained at 3.7%. Average wage in October-December grew by 5.9% from 6.4% earlier. The decline of the growth […]
EURUSD, “Euro vs US Dollar” EURUSD has pushed off the support level. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the lower border of the Cloud at 1.0755 is expected, followed by falling to 1.0505. An additional signal confirming the decline will be a bounce off the upper […]
To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts. TitleCHFJPY Potential for bullish rise towards overlap resistance TypeBullish Bounce Preference:Looking at the H4 chart, my overall bias for CHFJPY is bullish due to the current price being above the Ichimoku cloud, […]
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 for Bearish Drop to recent swing low TypeBearish Reversal Preference:Looking at the H4 chart, my overall bias is bearish as there is a key resistance level. Looking for […]
Metals Traders Brace for US CPI A quiet start for the metals complex on Monday. On the back of the recent selling we’ve seen, this isn’t necessarily a bad thing. Bumper US jobs data looks to have put an end to the metals rally for now with gold price correcting more than 5% from YTD […]
To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts. TitleS&P500 potential for bearish drop towards intermediate support TypeBearish Drop Preference:Looking at the H4 chart, my overall bias for S&P500 is bearish due to the current price being below the Ichimoku cloud, […]
EURUSD, “Euro vs US Dollar” The currency pair has completed a link of decline to 1.0645. Today the market might develop a structure of growth to 1.0695. Next, a decline to 1.0639 and growth to 1.0740 should follow. Then the price might drop to 1.0605, from where the range should extend to 1.0600. The goal […]