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.
To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts. TitleUSDCAD, H4 | Potential for Bearish Drop to recent swing low TypeBearish Continuation Preference:Looking at the H4 chart, my overall bias for USDCAD is bearish as there is a descending trend line. […]
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 Breakout Preference:Looking at the H4 chart, my overall bias for CHFJPY is bullish due to the current price being above the Ichimoku cloud, […]
The BTC has reached 23,204 USD. The pause was not a lengthy one. The so-called fear & greed index confirmed this as well. The index entered the greed field and gives signals that investors are ready to buy. The market absolutely needs to hold above 23,000 USD. If so, it will have a serious chance […]
EURUSD, “Euro vs US Dollar” The pair has completed a link of decline to 1.0669. Today it might grow to 1.0790 and then – decline to 1.0642. The goal is local. After this level is reached, a link of correction to 1.0791 is not excluded. Then a decline to 1.0555 should follow. GBPUSD, “Great Britain […]
Daily Market Outlook, February 8, 2023 Powell’s Talking Both Sides Of The Street, Investors Climb The Wall of Worry Mixed response from Asian equities to Fed Chair Powell’s speech, as Wall Street whipsawed in reaction to what many investors saw as two sided comments regarding the rate path going forward with markets pricing a higher […]
Uber Up Next On the back of a slew of major tech names reporting last week, focus this week shifts to ride hailing technology company (and food delivery technology company) Uber. The group has seen three consecutive quarters of earnings misses and traders and investors alike will be watching today to see if Uber can […]
To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts. TitleEURJPY potential for bullish rise towards previous swing high TypeBullish Bounce Preference:Expect price to possibly retest the pivot which is the overlap support before heading towards the previous swing high resistance.The support […]
To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts. TitleAUDUSD Potential for bearish drop towards intermediate support TypeBearish Breakout Preference:If price breaks this support right here, we can possibly see price drop from this pivot towards the intermediate support level.Resistance will […]
The British pound against the US dollar remains weak but does not go lower. The current quote is 1.2050. To fight with inflation, the Bank of England may lift the interest rate again, The Guardian says. Britain is still living through the consequences of the pandemic, the effect of Brexit, the energy shock, and the […]
AUDUSD, “Australian Dollar vs US Dollar” On H4, the quotes have broken through the 200-day Moving Average upwards, which indicates possible development of an uptrend. The RSI has broken through the resistance line. Hence, a breakaway of 1/8 (0.6958) upwards should be expected, followed by growth to the resistance level of 2/8 (0.7080). The scenario […]
To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts. TitleAUDUSD, H4 | Potential drop to intermediate support TypeBearish Continuation Preference:We’re seeing price tested and bounced back from the support line. There is a chance that the price go down and break […]
Record Profits Shares in oil giant BP are trading higher across the European morning today on the back of a stellar set of earnings. The group posted Q4 EPS of $21.95, just a touch under the $22.90 the market was looking for. However, revenues were seen higher than forecasts at $5.75 trillion vs $4.59 trillion […]