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The Fed meeting in December, the Minutes of the meeting, incoming January US soft and hard data – all of them indicate that the Fed may deliver the penultimate rate hike today and implicitly announce the end of the tightening cycle at the next meeting. However, core inflation in the US is still high and […]

Upside Risks for EURUSD Looking across markets for the best opportunities ahead of the Fed today, EURUSD looks like a solid setup for a long should USD weaken on the back of the meeting. If the Fed delivers a smaller .25% hike as expected and also scales back its rates outlook for the remainder of […]

To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts. TitleNZDUSD, H4 | Potential to swing high TypeBearish Reversal Preference: looking for buy at 0.64184 which is a pullback entry, take profit at 0.65248 which is the key resistance level. Source: Tickmill

Oil Majors See Record Profits in 2022 The explosion in profits for energy companies over 2022 was one of the key headlines in the equities space. In 2022 overall, leading US energy companies Exxon and chevron made a combined $100 billion in profit, recording their best years on record. Against this backdrop, both companies saw […]

EURUSD, “Euro vs US Dollar” On H4, at the support level, the pair has formed a Hammer reversal pattern. The pair may now go by the signal in an ascending wave. The goal of the growth may be 1.0930. However, the price may pull back to 1.0830, bounce off it, and continue the uptrend after […]

USDJPY, “US Dollar vs Japanese Yen” On H4, the quotes are under the 200-day Moving Average, which indicates prevalence of a downtrend. The RSI has bounced off the resistance line. As a result, 3/8 (129.68) is expected to be broken away, after which the quotes should fall to the support level of 2/8 (128.12). The […]