Latest Market News

Type: Bullish Rise Key Levels:Resistance:2569Pivot:2422Support:2470 Preferred Case:Looking at the H4 chart, my overall bias for CC1! is bullish due to the current price crossing above the Ichimoku cloud , indicating a possible shift to bullish market structure. If this bullish momentum continues, expect price to head back up towards the resistance at 2569, where the […]

The market major has started growing again. The current quote is 1.0640. The evening US statistics showed that the Conference Board CCI in December grew to 108.3 points from 101.4 points in November. The result was better than expected. Also, the current situation index grew to 147.2 points from 138.3 points; the CCI grew to […]

Technical Trade Set Ups For USDJPY, Apple & Amazon Source: Tickmill

Type: Bullish Continuation Key Levels:Resistance:1.07935Pivot:1.05085Support:1.03315 Preferred Case:The current bias for 6E1! on the H4 chart is bullish . To add to this bias, the price is currently above the Ichimoku cloud , indicating a bullish market. If the bullish momentum continues, expect price to possibly continue heading towards the 1st resistance line at 1.07935 where […]

AUDUSD, “Australian Dollar vs US Dollar” The currency pair is pushing off the signal lines of the indicator. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the Tenkan-Sen line at 0.6695 is expected, followed by falling to 0.6465. An additional signal confirming the decline will be a bounce […]

USDJPY, “US Dollar vs Japanese Yen” On H4, the quotes are under the 200-day Moving Average, which indicates the prevalence of a downtrend. The RSI is testing the resistance line. A downward breakaway of 2/8 (131.25) is expected, followed by falling to the support level of 1/8 (128.12). The scenario can be cancelled by rising […]