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.
GBPUSD is retreating early in the week; there will be a lot of interesting ahead. The British Pound is “losing weight” against the USD on Monday. The current quote for the instrument is 1.3511. This week, the United Kingdom is scheduled to release a lot of macroeconomic reports, from the labour market to prices. The […]
The release of the US Inflation Report for January this week once again drew markets’ attention to the problem of central banks not keeping up with the economic growth curve, expectations of households and firms. Despite a rather high expected level (7.3%), inflation again beat the forecast, triggering rumors that the Fed will have to […]
Gold prices were flat on Friday, slipping from a two-week peak reached on Thursday as expectations for a more aggressive Fed rate hike following a spike in US consumer prices firmed.The dollar index strengthened after data showed that US consumer prices rose significantly in January, posting the biggest annual gain in 40 years.The St. Louis […]
Type: Bullish BounceKey Levels:Resistance: 157.957Pivot: 156.626Support: 156.165Preferred Case:Prices are on bullish momentum and abiding to our ascending trendline support. We see the potential for a bounce from our Pivot at 156.626 in line with 100% Fibonacci retracement and 23.6% Fibonacci retracement towards our 1st resistance at 157.957 in line with 100% Fibonacci retracement. Prices are […]
Daily Market Outlook, February 11, 2022 Overnight Headlines Fed Doesn’t Yet Favor A Half-Point Rate Hike Or An Emergency Move Fed’s Bullard Backs Supersized Hike, Seeks Full Point Increase By July 1 Fed’s Barkin: Have To Be Convinced Of Need For Half-Point Rate Hike Goldman Ups Fed Forecast To 7 Hikes This Year; Citi See […]
EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, the asset has formed one more Hanging Man reversal pattern close to the resistance level. At the moment, EURUSD is reversing and may form a new correctional impulse. In this case, the downside correctional target may be at 1.1360. However, an alternative […]
Tickmill is excited to announce that we have added new instruments to our already extensive set of instruments on MT4! Thanks to our latest collaboration with the Small Exchange, owned by Crypto.com, you’re now able to trade CFD’s of futures on products such as Cannabis, Cryptocurrency Equity Index, Stock Indices and more!Explore the world of […]
Type: Bullish BounceKey Levels:Resistance: 15062Pivot: 14487Support: 13900Preferred Case:With price expected to reverse off the support of the ichimoku cloud, we are bias that price will rise from our pivot at 14487 in line with the 61.8% Fibonacci projection level and horizontal overlap support to 1st resistance at 15062 in line with the horizontal swing high […]
EURUSD, “Euro vs US Dollar” EURUSD is trading at 1.1371; the instrument is moving inside Ichimoku Cloud, thus indicating a sideways tendency. The markets could indicate that the price may test the cloud’s upside border at 1.1405 and then resume moving downwards to reach 1.1205. Another signal in favour of a further downtrend will be […]
BRENT As we can see in the H4 chart, Brent is trading above the 200-day Moving Average, thus indicating a possible ascending tendency. In this case, the price is expected to test 6/8, break it, and then continue moving upwards to reach the resistance at 7/8. However, this scenario may no longer be valid if […]
Inflation in the US is at a 40-year high, but the Fed should be concerned not so much with the level of prices as with its structural persistence – the share of companies planning to raise prices has risen to a record level and continues to grow. It is becoming increasingly difficult to expect a […]
Type: Bullish ContinuationKey Levels:Resistance: 92.88Pivot: 88.82Support: 86.78Preferred Case:With price expected to reverse off the support of the Ichimoku cloud, we are bias that price will rise from our pivot at 88.82 in line with the 61.8% Fibonacci projection and 61.8 Fibonacci retracement level and horizontal overlap support to 1st resistance at 92.88 in line with […]