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 […]