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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 Bullish Rise to recent swing high TypeBearish Reversal Preference:Looking at the H4 chart, my overall bias for USDCAD is slightly bullish as there is a key support […]

EURUSD keeps retreating. The current quote is 1.0670. The currency pair dropped to the lows of five months. The reason is the market fear of the lengthy phase of monetary policy tightening by the US Federal Reserve System. First, the US presented the labour market report for January, and it turned out strong. It made […]

GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is going inside the bearish channel. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the lower border of the Cloud at 1.2100 is expected, followed by falling to 1.1835. An additional signal confirming the decline will be a bounce off […]

Paypal Beats Earnings Forecasts Again Shares in iconic payment processing provider Paypal are tanking this week on the back of the company’s Q4 earnings. Shares are now down around 12% from last week’s YTD highs. The fall comes despite Paypal earnings falling near enough in line with expectations. EPS came in above forecasts at $1.24 […]

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 to recent swing low TypeBearish momentum Preference:Looking at the H4 chart, my overall bias id bearish as there is a descending trend line, Looking for sell entry at1.34512. […]

Oil prices rebounded on Friday to the highest level in 10 days on reports that Russia is going to voluntarily cut crude oil output. The news increased anxiety about potential market deficit especially if global demand recovery will accelerate in 2023. Brent benchmark traded near $87/bbl, WTI oil price gained 2%, advancing to $80/bbl. The […]