Latest Market News

The primary currency pair is strengthening on Monday. The current quote in EURUSD is 1.0904. The Federal Reserve currently resembles parents on a long journey with small children, constantly answering “Are we there yet?” This question pertains to the interest rate. Everyone expects the rate to change, but when exactly will it happen? Is it […]

TitlePotential Bullish Bounce TypeBullish Bounce Preference:Price is falling towards the pivot point of 1.34625 which is a pullback support that aligns with the 23.6% Fibonacci retracement level and could potentially reverse from here; we could see momentum carry price up to its 1st resistance at 1.35523 which is a pullback resistance level. Alternative scenario:If price […]

TitlePotential Bullish Breakout TypeBullish Breakout Preference:Price is rising towards the pivot point of 37,506.96 which is a potential breakout level and could potentially move higher from here; we could see momentum carry price up to its 1st resistance at 37,865.21 which is a pullback resistance level. Alternative scenario:If price reverses from the pivot point, it […]

The US Dollar is undergoing a phase of consolidation on Friday, characterized by lower highs and higher lows, following a surge in volatility earlier this week. Traders find themselves in a state of uncertainty as they approach the impending first US Federal Reserve meeting scheduled for the end of January. While it has become evident […]

Futures Weekly Wrap-Up #ES #NQ #YM To access the weekly review of the price action in the emini futures markets and today’s real-time actionable analysis for the Friday trading session click here, please like & share! Source: Tickmill

Post-SEC Sell-Off Continues The reversal lower in Bitcoin continues on Friday with the futures market now down almost 18% from YTD Highs. While many have simply written off the post-SEC reversal as mere profit taking and a ‘buy the rumour, sell the news’ mentality taking hold, there are some other dynamics at play here. Bitcoin […]