AUDUSD, “Australian Dollar vs US Dollar” AUDUSD is testing the signal lines of the indicator. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper border of the Cloud at 0.7005 is expected, followed by growth to 0.7315. An additional signal confirming the growth will be a bounce […]
EURUSD, “Euro vs US Dollar” On H4, the quotes are above the 200-day Moving Average, which indicates prevalence of an uptrend. The RSI has bounced off the support line. As a result, a test of 7/8 (1.0925) should be expected, followed by a breakaway and growth to the resistance level of 8/8 (1.0986). 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 analyst AUDUSD, H4 | Potential to swing high TypeBullish Reversal Preference:We’re seeing price test a key overlap support at 0.70624. There’s a chance price might reverse from here to push prices all the […]
Bitcoin is pulling back from the level of 22500, therefore the bulls keep on pushing the coin till the resistance level of 25000. The asset is likely to head up and possibly retest the level of 22500 soon. So, let’s observe what will happen this week. American stock index S&P 500 has touched a very […]
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 reversal off a key overlap resistance TypeBearish Reversal Preference:We’re seeing price test a key overlap resistance at 1.3345. There’s a chance price might reverse from here to […]
Last year the Fed pursued the most aggressive monetary policy in many years, but in December 2022, officials began laying the groundwork for reducing the pace of tightening to standard 25 bp hike. There are signs that the US expansion is losing momentum while risks of sharper inflation easing gradually build up which contribute to […]