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USDCAD, “US Dollar vs Canadian Dollar” On H4, the pair has formed a Hammer reversal pattern. The instrument is now going by the reversal signal in an ascending wave. The target for the correction could be 1.3520. Then the price could rebound from this level and continue the downtrend. However, it may still drop to […]

The FTSE Finish Line – April 19 – 2023 FTSE 100 Inflation Data Dents Risk Sentiment The FTSE 100 winning streak looks set to end at the close of trade today, the driver for the downbeat mood amongst UK investors has principally derived from another surprise in UK inflation data, coming on the heels of […]

Daily Technical Trade Setups For SP500, Nifty & XLF To access todays actionable analysis click here! Source: Tickmill

Out of the vast number of individuals who attempt to engage in trading within the financial markets, only a small group manages to achieve success. This doesn’t necessarily mean that these few individuals never commit trading mistakes in their trading journey; everyone does. Nonetheless, in order to flourish in the financial markets, it’s essential to […]

Mixed Results From Netflix The latest set of earnings from Netflix yesterday did little to encourage investors that the company is headed for a new ‘golden era’. On the headline figures, the numbers were broadly in line with expectations. EPS came in a little over forecasts at $2.85 vs $2.85 forecast while revenues were a […]

UK CPI Still Too High On the back of a higher-than-expected wage growth figure earlier this week, today’s UK CPI data has effectively confirmed a further .25% hike from the BOE next month. Headline CPI was seen cooling to 10.1% in March, down from the prior month’s 10.4% reading, but still well above the 9.8% […]