Latest Market News

Technical Trade Set Ups For SP500, DXY & AUDUSD Source: Tickmill

Gold and Silver Rebound Off Lows The metals market is starting the week on a better footing with both gold and silver seeing decent demand across the European open on Monday. Both metals has been under pressure early last week before reversing higher into the end of the week as risk assets plunged Gold saw […]

Bitcoin has pulled from the resistance at the level of 18500 and dropped. The asset is likely to drop to the level of 15625, gain the required support, and head up. So, let’s observe what is going to happen next. American stock index S&P 500 broke the short-term uptrend and horizontal level of 3935. This […]

Daily Market Outlook, December 19, 2022  Investors continue to digest last week’s central bank activity, as the Fed, the BoE, and the ECB all raised interest rates and struck a distinctly hawkish tone. Asian equity markets took their lead from a weak close on Wall Street, however, European markets are set to post a rebound […]

EURUSD, “Euro vs US Dollar” The currency pair has formed a declining impulse to 1.0596. Today the market is forming a consolidation range around this level. The range is expected to expand to 1.0573. Then growth to 1.0596 and a decline to 1.0530 should follow. The goal is local. GBPUSD, “Great Britain Pound vs US […]

Type: Bearish Drop Key Levels:Resistance:673.75Pivot:651.25Support:638.25 Preferred Case:Looking at the H4 chart, my overall bias for ZC1! is bearish due to the current price crossing below the Ichimoku cloud , indicating a bearish market. If this bearish momentum continues, expect price to continue heading towards the support at 638.25, where the -27.2% Fibonacci expansion line and […]