US equities posted a good performance on Thursday, with the SPX almost testing 4200 points and NASDAQ jumping 3.56%, very close to 13000 points, the highest level since the end of August. The FOMC meeting was a nothingburger with the FOMC statement and Powell comments indicating a strong bias towards a much less hawkish stance, […]
MSCI Makes New Ground It’s been a busy week for markets across the board this with plenty of volatility to enjoy and with the NFP still to come, there might still be more volatility yet. With plenty of action in US earnings as well as the February FOMC, BOE and ECB meetings, we’ve seen a […]
Daily Market Outlook, February 3, 2023 Trifecta of Tech Disappointment Weighs On Risk Sentiment Ahead of NFP’s Asian equity markets took their lead from a late day slide on Wall Street as gains were conceded into the close of trade, although US markets ultimately posted solid returns on the day, they finished well off their […]
Brent On H4, the quotes have broken through the 200-day Moving Average and are now below it, which indicates possible development of a downtrend. However, the RSI has reached the oversold area, which is a signal for a correction. So, a test of 4/8 (81.25) is expected, followed by a bounce off it and growth […]
Daily Technical Trade Set Ups for USD, Gold & TLT To see today’s actionable analysis click here! Source: Tickmill
To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts. TitleAUDJPY potential for bearish drop towards previous swing low TypeBearish Reversal Preference:Looking a the H4 chart, my bias for AUDJPY is bearish due to the current price crossing below the cloud, indicating […]