Latest Market News
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has pushed off the upper border of the descending channel. The instrument is going inside the Ichimoku Cloud, which suggests a flat. A test of the upper border of the Cloud at 1.2170 is expected, followed by falling to 1.1875. A signal confirming the decline will be […]
XAUUSD, “Gold vs US Dollar” At the support level, gold has formed a Hammer reversal pattern. The instrument may now go by the signal in an ascending wave. The goal of the growth might be 1860.00. After testing the resistance level, the pair might break through it and continue the uptrend. However, the quotes may […]
To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts. TitleGBPNZD Potential for bullish rise towards previous swing high TypeBullish Bounce Preference:Looking at the H4 chart, my overall bias for GBPNZD is bullish due to the current price being above the Ichimoku […]
UK Inflation Falls Again Good news today for UK consumers, and also the BOE, with the latest UK economic data reflecting a third consecutive monthly decline in consumer prices. Annualised inflation printed at 10.1% last month, down from the prior month’s 10.5% and now down a full 1% from the peak inflation reading of 11.1% […]
The BTC found a foothold and recovered. The quote on Wednesday is 22,127 USD. The fact that the BTC has out falling on halt is good news. The market did not reach the support level of 21,500 USD, after all. This means, sliding down to 20,500 USD is postponed. To go on growing, the BTC […]
The British pound is again affected by the US dollar. The current quote is 1.2105. The CPI in January in Britain dropped to 10.1% y/y while the forecast was 10.3% y/y. Month-wise, inflation dropped by 0.6% while investors had expected a decline by 0.4%. Thus, inflation continues retreating from the peak of 11.1% that it […]