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The US equities have finally succumbed to the hawkish interest rate narrative that was gathering momentum in the market since the start of the February. The recent stream of fundamental data updates, officials’ statements, warnings from market experts about Fed tightening extending into the second half of 2023 seem to have reached critical mass, which […]

To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts. TitleUSDCHF Potential for bullish rise towards intermediate high TypeBullish Breakout PreferenceLooking at the H4 chart, my overall bias for USDCHF is bullish due to the current price being above the Ichimoku cloud, […]

EURUSD is heading down again. The current quote is 1.0660. Yesterday investors were busy analysing the PMI of the EU and the US, but the attitude of the Federal Reserve System remained in the focus of attention. The closer we come to the publication of the minutes of the last meeting, which is scheduled on […]

USDJPY, “US Dollar vs Japanese Yen” On H4, the quotes are in the overbought area. The RSI has bounced off the resistance line. A downward beakaway of 8/8 (134.37) is expected, followed by falling to the support level of 6/8 (132.81). The scenario can be cancelled by rising above the resistance level of +1/8 (135.15). […]

The New Zealand dollar has grown a bit against the US dollar in response to the RBNZ decision. The current quote is 0.6221. However, the medium-term trend remains as it was: the NZD needs a better foothold than the Reserve Bank of New Zealand can possibly give it. At today’s meeting the RBNZ made an […]

EURUSD, “Euro vs US Dollar” The currency pair has completed a wave of decline to 1.0637. Today the market may perform a link of correction to 1.0666. Then the price might drop to 1.0586, and with a breakaway of this level a pathway down to 1.0579 should open. GBPUSD, “Great Britain Pound vs US Dollar” […]