Latest Market News

On Tuesday, the market major demonstrates quite limited activity. Current quote is 1.0510. Investors keep despising the USD because they are sure that in December the Fed will lift the interest rate by 50 base points instead of 75 base points as planned before. The European statistics published yesterday demonstrated that the Sentix CCI in […]

Technical Trade Set Ups For SP500, DAX, TLT & EURUSD Source: Tickmill

Type: Bearish Momentum Key Levels:Resistance:745.500Pivot:613.250Support:665.000 Preferred Case:On the H4 chart, we have a bearish bias. To add confluence to this, price is under the Ichimoku cloud which indicates a bearish market. If this bearish momentum continues, expect price to head back down the the support level at 665.000, where the 78.6% Fibonacci line is. Alternative […]

GBPUSD, “Great Britain Pound vs US Dollar” The pair is correcting inside a bullish channel. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper border of the Cloud at 1.2045 is expected, followed by growth to 1.2735. An additional signal confirming the growth will be a bounce […]

AUDUSD, “Australian Dollar vs US Dollar” On H4, the quotes are above the 200-day Moving Average, which indicates the prevalence of an uptrend. The RSI has bounced off the support line. Currently, we should expect a test of 8/8 (0.6835), a breakaway of it, and growth to the resistance level of +1/8 (0.6958). The scenario […]

Type: Bearish Drop Key Levels:Resistance: 2500Pivot: 2422Support: 2275 Preferred Case:Looking at the H4 chart, my overall bias for CC1! is bearish due to the current price crossing below the Ichimoku cloud , indicating a bearish market. If this bearish momentum continues, expect price to possibly head towards the pivot at 2422, where the 50% Fibonacci […]