Latest Market News

Oil Under Pressure It’s been another dismal week for oil traders. Crude futures have fallen over 8% from last week’s highs and are close to testing the YTD lows as selling continues into the end of the week. Broadly speaking, the market has been stuck in a range between 72.61 and 81.40 over the last […]

US Adv GDP Up Next On the back of last night’s FOMC minutes, focus today switches US advanced GDP for Q1. On the back of the prior quarter’s 2.9% reading, the market is looking for an unchanged result today. Clearly, with the recent narrative of surprising resilience in the US economy creating room for the […]

Nvidia Bounces Back The big story from US earnings yesterday was the better than forecast results from tech group Nvidia. Rebounding from the prior quarter’s losses, the group posted Q4 EPS of $0.88 vs $0.81 expected on revenues of $6.051 billion vs $6.015 billion expected. Worth noting that year-on-year both EPS and revenues were lower. […]

Bitcoin has tested a very strong resistance at the level of 25200 and entered a correction. The asset might gain the required support at the level of 21500 and jump again. So, let’s wait and see what is going to happen next. Silver is trying to head up. However, it might retest the level 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 Bearish Drop TypeBearish Drop Preference:Looking at the H4 chart, my overall bias for NZDUSD is bearish as the current price is below the Ichimoku Cloud. Looking for a […]

To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts. TitleGBPJPY Potential for bullish rise towards overlap resistance TypeBullish Bounce PreferenceLooking at the H4 chart, my overall bias for GBPJPY is bullish due to the current price being above the Ichimoku cloud, […]