News
EURUSD, “Euro vs US Dollar” The pair has completed a link of decline to 1.0669. Today it might grow to 1.0790 and then – decline to 1.0642. The goal is local. After this level is reached, a link of correction to 1.0791 is not excluded. Then a decline to 1.0555 should follow. GBPUSD, “Great Britain […]
Daily Market Outlook, February 8, 2023 Powell’s Talking Both Sides Of The Street, Investors Climb The Wall of Worry Mixed response from Asian equities to Fed Chair Powell’s speech, as Wall Street whipsawed in reaction to what many investors saw as two sided comments regarding the rate path going forward with markets pricing a higher […]
Uber Up Next On the back of a slew of major tech names reporting last week, focus this week shifts to ride hailing technology company (and food delivery technology company) Uber. The group has seen three consecutive quarters of earnings misses and traders and investors alike will be watching today to see if Uber can […]
To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts. TitleEURJPY potential for bullish rise towards previous swing high TypeBullish Bounce Preference:Expect price to possibly retest the pivot which is the overlap support before heading towards the previous swing high resistance.The support […]
To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts. TitleAUDUSD Potential for bearish drop towards intermediate support TypeBearish Breakout Preference:If price breaks this support right here, we can possibly see price drop from this pivot towards the intermediate support level.Resistance will […]
The British pound against the US dollar remains weak but does not go lower. The current quote is 1.2050. To fight with inflation, the Bank of England may lift the interest rate again, The Guardian says. Britain is still living through the consequences of the pandemic, the effect of Brexit, the energy shock, and the […]