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.
Type: Bullish BounceKey Levels:Resistance: 3948.5 Pivot: 3862.00Support: 3746.50Preferred Case:On the H4, with price moving in an ascending trendline and moving above the ichimoku cloud, we have a bullish bias that price will rise from the pivot at 3862.00 in line with the pullback support and 100% fibonacci projection to the 1st resistance at 3948.5 at […]
Type: Bearish MomentumKey Levels:Resistance: 129’14’5Pivot: 126’30’5Support: 124’09’0Preferred Case:On the H1, with price moving below the ichimoku cloud , we have a bearish bias that price will drop to the pivot at 126’30’5 in line with the overlap support and 61.8% fibonacci projection. Once there is downside confirmation of price breaking pivot structure, we would expect […]
Type: Bullish RiseKey Levels:Resistance: 891.0Pivot: 850.8Support: 832.0Preferred Case:On the H1, with prices moving above the ichimoku cloud and has broken the descending trendline, we have a bullish bias that price will rise from the pivot at 850.8 in line with the pullback support and 50% fibonacci retracement to the 1st resistance at 891.0 where the […]
GBPUSD moved upwards in response to the British Prime Minister’s resignation. The Pound Sterling is consolidating against the USD on Friday after a slight growth the day before. The current quote for the instrument is 1.1936. British politics took the stage yesterday. British Prime Minister Boris Johnson has quit after finding himself in the crosshairs […]
Following strong U.S. job data, stocks and currencies recovered after a brief dip. Emerging market currencies and stocks pared some of their gains on Friday after a much stronger-than-expected increase in US payrolls bolstered the case for another major interest rate hike by the Federal Reserve, but they quickly returned to pre-data levels. The Fed’s […]
Markets brace for release of the NFP report today which will likely indicate deceleration in the pace of creation of new jobs compared to the previous month. However, market impact from a moderate downside surprise is seen limited as only serious slack in payrolls growth can trigger reassessment of the pace of the Fed policy […]
Type: Bullish BounceKey Levels:Resistance: 0.007489Pivot: 0.007372Support: 0.007342Preferred Case:On the H4, with price recently breaking the descending trendline and moving above the ichimoku cloud , we have a bullish bias that price will continue to rise from the pivot at 0.007372 at the swing low in line with the 61.8% fibonacci projections to the 1st resistance […]
ФThe major cryptocurrency is keeping its positive momentum on Friday – the asset has been growing for three session sin a row. At the moment, the instrument is mostly trading around $21,765. The crypto market capitalisation is also increasing – it reached $0.970 trillion. The sector is following the US stock indices. The correlation between […]
EURUSD, “Euro vs US Dollar” EURUSD is testing Tenkan-Sen. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test Kijun-Sen at 1.0465 and then resume moving downwards to reach 1.0255. Another signal in favour of a further downtrend will be a rebound from […]
With demand for metals increasing amid a global energy transition, boosting solar panel recycling could give the industry the convenience and flexibility to meet its renewable energy goals over the coming decades. The energy research company, Rystad Energy, expects – in a report issued, on the evening of Wednesday, July 6, 2022 – the value […]
Type: Bullish RiseKey Levels:Resistance: 13373Pivot: 12616Support: 12383Preferred Case:On the H4, with price moving in an ascending trendline on the RSI and price recently breaking the descending trendline, we have a bullish bias that price will rise from the pivot at 12616 at the pullback support at the swing low in line with the 78.6% fibonacci […]
Type: Bullish RiseKey Levels:Resistance: 32634Pivot: 31214Support: 30455Preferred Case:On the H4, with price moving in an ascending trendline and above the ichimoku cloud, we have a bullish bias that price will continue to rise from the pivot at 31214 at the swing high in line with the 50% fibonacci retracement to the 1st resistance at 32634 […]