Latest Market News

Feb 08
USDCAD Potential for Bearish Drop to recent swing low

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. […]

Feb 08
CHFJPY Potential for Bullish Rise towards overlap resistance

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, […]

Feb 08
The cryptocurrency market digest (BTC). Overview for 08.02.2023

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 […]

Feb 08
Forex Technical Analysis & Forecast 08.02.2023

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 […]

Feb 08
Daily Market Outlook, February 8, 2023

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 […]

Feb 08
Market Spotlight: Uber’s Smooth Ride to Continue?

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 […]