Market Analysis

GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has pushed off the upper border of the descending channel. The instrument is going inside the Ichimoku Cloud, which suggests a flat. A test of the upper border of the Cloud at 1.2170 is expected, followed by falling to 1.1875. A signal confirming the decline will be […]

XAUUSD, “Gold vs US Dollar” At the support level, gold has formed a Hammer reversal pattern. The instrument may now go by the signal in an ascending wave. The goal of the growth might be 1860.00. After testing the resistance level, the pair might break through it and continue the uptrend. However, the quotes may […]

To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts. TitleGBPNZD Potential for bullish rise towards previous swing high TypeBullish Bounce Preference:Looking at the H4 chart, my overall bias for GBPNZD is bullish due to the current price being above the Ichimoku […]

UK Inflation Falls Again Good news today for UK consumers, and also the BOE, with the latest UK economic data reflecting a third consecutive monthly decline in consumer prices. Annualised inflation printed at 10.1% last month, down from the prior month’s 10.5% and now down a full 1% from the peak inflation reading of 11.1% […]

The BTC found a foothold and recovered. The quote on Wednesday is 22,127 USD. The fact that the BTC has out falling on halt is good news. The market did not reach the support level of 21,500 USD, after all. This means, sliding down to 20,500 USD is postponed. To go on growing, the BTC […]

The British pound is again affected by the US dollar. The current quote is 1.2105. The CPI in January in Britain dropped to 10.1% y/y while the forecast was 10.3% y/y. Month-wise, inflation dropped by 0.6% while investors had expected a decline by 0.4%. Thus, inflation continues retreating from the peak of 11.1% that it […]

Kape Higher on Monday Shares in Kape Technologies are trading sharply today as the stock gapped higher at the London open on news of a takeover bid. Majority shareholder Unikmind Holdings has reportedly offered $1.51 billion to purchase all remaining shares in the company ($3.44 per share). Unikmind, owned by Teddy Sagi, is unable to […]

Airbnb Reporting Today Along with January US CPI we also have two big US earnings reports due today with Coca Cola and Airbnb reporting Q4 results. Looking at the latter, shareholders are hoping for a seventh consecutive positive set of earnings results. Given that the market is looking for both EPS and revenues to have […]

GBP Weakening  GBP looks to be under pressure at the start of the week following on from the selling we saw last week. Despite the NIESR reporting that it no longer expects the UK to suffer a recession this year, the economy (seen flat in Q4) is still reeling from the ongoing political uncertainty and […]

The US dollar in the pair with the Japanese yen found a foothold. The current quote is 132.00. The wave of growth that started in the USD some time ago made the yen go down. Moreover, the market argument that the US Federal Reserve System would go on lifting the interest rate also pressed down […]

AUDUSD, “Australian Dollar vs US Dollar” On H4, the quotes have broken through the 200-day Moving Average and are now above it, which reveals possible development of an uptrend. The RSI has bounced off the support line. An upward breakaway of 7/8 (0.7019) should be expected, followed by growth of the resistance level of 8/8 […]

US Inflation in Focus Today Today’s US inflation reading couldn’t have more meaning attached to it. We’ve seen a seismic shift in market sentiment on the back of the surprisingly strong US labour reports for January. With the NFP coming in almost 300% above forecasts alongside the unemployment rate dropping to its lowest levels since […]