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.
Credit AgricoleAsia overnight Investors remain nervous ahead of the US inflation data later this week. Sentiment is being supported a little by news that Pfizer could have an omicron-variant[1]specific vaccine for Covid by March. A potential peak in omicron infections in New York is also helping support sentiment as the peak would be about a […]
Daily Market Outlook, January 11, 2022 Overnight Headlines Four Fed Hikes May Be Just Start As Traders Boost Rate Bets Fed Powell Vow To Prevent Inflation Becoming ‘Entrenched’ Fed Clarida Resigns Two Weeks Early In Trading Controversy US, Russia Talks Yields Modest Progress Amid Ukraine Crisis Nord Stream 2 Sanctions Get Senate Vote As US, […]
Oil prices raised their gains by about 2% in trading today, Tuesday, with US crude rising near $ 80, as investors regained some of their appetite for risk, in conjunction with the continued struggle by some oil producers to increase production. This comes at a time when the crude markets are awaiting clues from the […]
Fed Fuels Dollar RallyThe USDCHF breakout idea issued ahead of the FOMC meeting minutes is now close to reaching its initial target at .9288. With the minutes confirming that the Fed is well and truly in hawkish mode, the market is primed towards further USD upside, especially against currencies linked to central banks still stuck […]
Markets Under Pressure As Traders Await US CPIAnother dreary start to the week for benchmark global equities indices. The leading indices tracked here were all seen in the red yesterday as Fed tightening expectations continues to weigh on sentiment. While we did see a rebound off the lows yesterday, most notably in the S&P, the […]
• Amazon reversed from support level 3132.30 • Likely to rise to resistance level 3330.00 Amazon recently reversed up from the key support level 3132.30 (previous monthly low from May), intersecting with the lower daily Bollinger Band and the support trendline of the daily down channel from the middle of November. The upward reversal from […]
• NZDCHF reversed key resistance level 0.6275 • Likely to fall to support level 0.6177 NZDCHF recently reversed down from the powerful resistance level 0.6275 (which has been reversing the price from the start of December), intersecting with the upper daily Bollinger Band and the 38.2% Fibonacci correction of the downward impulse from November. The […]
Futures in the United States are higher ahead of Powell’s speech. US stock futures rose on Tuesday, led by a rebound in technology firms, as traders awaited Federal Reserve Chair Jerome Powell’s address. Futures on the Dow Jones Industrial Average rose 0.1 % , S&P 500 futures jumped 0.2 % , and Nasdaq futures rose […]
Powell testimonial is due today and markets are waiting for details about what the Fed has in the plans for the near future. Any hawkish remarks are likely to be interpreted as the Fed’s intention to make four rate hikes in 2022, which should support the dollar. In addition, the focus will be on balance […]
Bitcoin Sitting On The EdgeIt’s been a very different start to the year for Bitcoin traders when compared with twelve months ago. There has been no explosive rally heading into 2022 and even the briefest of internet searches will tell you that sentiment is no where near the realms of the ecstatic bullishness we saw […]
In this Weekly Market Outlook 10-01-22, our analyst looks into the trading week ahead, possible market moving data releases across the globe and the technical analysis to accompany it! Source: Tickmill
Type: Bearish ReversalKey Levels:Resistance: 1.13879Pivot: 1.13602Support: 1.12729Preferred Case:With price approaching a significant area of resistance on the graphical level and the stochastics indicator, we are biased that price will drop from pivot at 1.13602 in line with the 78.6% Fibonacci retracement and said resistance to 1st support at 1.12729 where the swing low support and […]
