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: Bearish Drop Key Levels:Resistance:4049.00Pivot:3914.00Support:3757.50 Preferred Case:Looking at the H4 chart, my overall bias for SPX is bearish due to the current price crossing below the Ichimoku cloud , indicating a bearish market. If this bearish momentum continues, expect price to continue heading towards the support at 3757.50, where the 161.8% Fibonacci line is. Alternative […]
Type: Bullish Rise Key Levels:Resistance:2671Pivot:2570Support:2470 Preferred Case:Looking at the H4 chart, my overall bias for CC1! is bullish due to the current price above the Ichimoku cloud , indicating a bullish market structure. If this bullish momentum continues, expect price to head back up towards the resistance at 2671, where the previous swing high is. […]
Type: Bearish Drop Key Levels:Resistance: 1.07670Pivot: 1.05085Support:1.03315 Preferred Case:Looking at the H4 chart, my overall bias for 6E1! is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market. If this bearish momentum continues, expect price to possibly head back down to break the pivot at 1.05085 where the […]
Type: Bullish Rise Key Levels:Resistance:698.50Pivot:651.25Support:638.25 Preferred Case:Looking at the H4 chart, my overall bias for ZC1! is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. If this bullish momentum continues, expect price to possibly head towards the resistance at 698.50, where the previous swing high is. Alternative Scenario:Price […]
Type: Bullish Continuation Key Levels:Resistance:1535.00Pivot:1492.25Support:1457.75 Preferred Case:Looking at the H4 chart, my overall bias for ZS1! is bullish due to the current price crossing above the Ichimoku cloud , indicating a bullish market. If this bullish momentum continues, expect price to possibly continue heading towards the resistance at 1535.00, where the recent high is Alternative […]
Major European currencies ceded ground to dollar on Tuesday, EURUSD broke down 1.06 and GBPUSD 1.20 level. The start of European session saw major sell-off both in EUR and GBP: Positive December price data from Germany failed to offset selling pressure in Euro, despite significant pullback in the rate of consumer price growth – from […]
Type: Bullish Rise Key Levels:Resistance:700.00Pivot:651.25Support:638.25 Preferred Case:Looking at the H4 chart, my overall bias for ZC1! is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. If this bullish momentum continues, expect price to possibly head towards the resistance at 700.00, where the previous swing high is. Alternative Scenario:Price […]
Type: Bullish Rise Key Levels:Resistance: 2671Pivot: 2570Support: 2470 Preferred Case:Looking at the H4 chart, my overall bias for CC1! is bullish due to the current price above the Ichimoku cloud, indicating a bullish market structure. If this bullish momentum continues, expect price to head back up towards the resistance at 2671, where the previous swing […]
Type: Bearish Drop Key Levels:Resistance: 4049.00Pivot: 3914.00 Support:3757.50 Preferred Case:Looking at the H4 chart, my overall bias for SPX is bearish due to the current price crossing below the Ichimoku cloud , indicating a bearish market. If this bearish momentum continues, expect price to continue heading towards the support at 3757.50, where the 161.8% Fibonacci […]
The Japanese yen against the US dollar has accumulated some strength but will soon slide back down without support. The current quote is 132.48. On Friday, the BoJ announced the third in a row unscheduled bond purchase. The regulator is going to buy an unlimited number of 2-year bonds with 0.04% yield and 5-year bonds […]
On Friday the leading cryptocurrency is balancing near 16,564 USD. It has lost 1.62% over the week. These last few days, activity in crypto has dropped quite a bit. All the important things have already happened, holidays are coming, and only after them investors will regain some force. In the coming year, the market will […]
EURUSD, “Euro vs US Dollar” The currency pair has extended the consolidation range to 1.0688. Today the market is forming an impulse of decline to 1.0630. After this level is reached, a link if correction to 1.0660 is not excluded, followed by a decline to 1.0600, from where the trend might continue to 1.0550. The […]