News

Feb 02
Market Spotlight: Bullish EURUSD Opportunities into FOMC

Upside Risks for EURUSD Looking across markets for the best opportunities ahead of the Fed today, EURUSD looks like a solid setup for a long should USD weaken on the back of the meeting. If the Fed delivers a smaller .25% hike as expected and also scales back its rates outlook for the remainder of […]

Feb 01
NZDUSD potential to swing high

To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts. TitleNZDUSD, H4 | Potential to swing high TypeBearish Reversal Preference: looking for buy at 0.64184 which is a pullback entry, take profit at 0.65248 which is the key resistance level. Source: Tickmill

Feb 01
Oil Majors: Pause or Beginning Of The End?

Oil Majors See Record Profits in 2022 The explosion in profits for energy companies over 2022 was one of the key headlines in the equities space. In 2022 overall, leading US energy companies Exxon and chevron made a combined $100 billion in profit, recording their best years on record. Against this backdrop, both companies saw […]

Feb 01
Japanese Candlesticks Analysis 01.02.2023 (EURUSD, USDJPY, EURGBP)

EURUSD, “Euro vs US Dollar” On H4, at the support level, the pair has formed a Hammer reversal pattern. The pair may now go by the signal in an ascending wave. The goal of the growth may be 1.0930. However, the price may pull back to 1.0830, bounce off it, and continue the uptrend after […]

Feb 01
Murrey Math Lines 01.02.2023 (USDJPY, USDCAD)

USDJPY, “US Dollar vs Japanese Yen” On H4, the quotes are under the 200-day Moving Average, which indicates prevalence of a downtrend. The RSI has bounced off the resistance line. As a result, 3/8 (129.68) is expected to be broken away, after which the quotes should fall to the support level of 2/8 (128.12). The […]

Feb 01
Market Spotlight: Reality Check For Meta Platforms?

Meta Earnings In Focus Along with the FOMC today we also have big news in US earnings with Meta Platforms reporting its Q4 results today. With the iconic tech stock having suffered a brutal decline in value last year, amidst the worst year for tech stocks since 2008, traders are keen to see how the […]