Latest Market News

To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts. TitleXAUUSD Potential for bearish drop towards overlap support TypeBearish Breakout Preference:Looking at the H4 chart, my overall bias for XAUUSD is bearish due to the current price being below the Ichimoku cloud, […]

 Microsoft Holds Above Key Level Shares in Microsoft have been stalled recently following the move in early Feb to fresh highs for the year. The company has been riding thick and fast waves around Chat GPT, the AI program it is heavily invested in. On any given day, depending on what you are reading, AI […]

EURUSD started declining again. The current quote is 1.0720. Yesterday, all eyes were glued to the US inflation report during the trading day. The CPI in January turned out higher than expected again, which let the USD get stronger again. In January, the CPI dropped to 6.4% y/y from 6.5% y/y a month before. However, […]

EURUSD, “Euro vs US Dollar” The currency pair completed a link of growth to 1.0820. Next, the market formed an impulse of decline and its correction to 1.0770. At the moment, the market is forming a consolidation range around 1.0722. An escape downwards and extension of the wave of decline to 1.0627 are expected. After […]

US Retail Sales Up Next Today’s US retail sales will be the next key input for USD traders. On the back of a bumper January jobs report and a fresh uptick in inflation, the market is expecting retail sales to have bounced back from the weakness seen in December. Amidst a slew of fresh hawkish […]

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 for Bearish Drop to recent swing low TypeBearish Reversal Preference:Looking at the H4 chart, my overall bias is bearish as there is a strong resistance level. Looking for […]