News

Spotify Earnings Up Next On the back of two consecutive quarters of earnings declines, Spotify is in focus today. The company is due to report Q4 results with Wall Street looking for an adjusted loss per share of -$1.35 on revenues of $3.391 billion. Spotify suffered sharply over 2022, losing more than 60% of its […]

To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts. TitleUSDCAD, H4 | Potential bullish opportunity Type Bullish Bounce Preference: We are seeing the price bouncing back from the support level and heading toward the 1st resistance level at 1.35209. Source: Tickmill

Equities Reflect Uncertainty Ahead of Fed Global equities benchmarks are showing a sea of red across the European open on Tuesday. Yesterday saw choppy action across the board, likely reflecting some growing uncertainty ahead of the Fed tomorrow. While Powell and co are widely expected to opt for a smaller .25% hike, there are some […]

EURUSD, “Euro vs US Dollar” The currency pair has completed a wave of correction to 1.0913. Today the market has formed a structure of decline to 1.0838. At the moment, the market is forming a consolidation range around this level. An escape downwards is expected, followed by the development of a structure of decline to […]

AUDUSD, “Australian Dollar vs US Dollar” On H4, the quotes are above the 200-day Moving Average, which indicates prevalence of an uptrend. The RSI is testing the support line. The price is likely to rise above 2/8 (0.7080) and then grow to the resistance level of 3/8 (0.7202). The scenario can be cancelled by a […]

Daily Market Outlook, January 31, 2023  Nasdaq Back At Five Week Lows, Global Stocks Still Set For First Jan Gains Since 2020 Jitters on Wall Street ahead of Wednesday’s FOMC rate decision and Chair Powell’s press conference saw investors paring risk positions, with Tesla giving back over 6% of recent gains, this led to the […]