News

TitleEURGBP H4 | Bullish bounce TypeBullish Bounce Preference:The price could bounce off the pivot point at 0.85543, the multi-swing-low support and it might continue to rise to 1st resistance at 0.86172, the overlap resistance level which aligns with the 32.2% Fibonacci retracement. Alternative scenario:It might reverse and the 1st support at 0.85294, the swing-low support. […]

EUR Traders Brace For ECB The Euro is looking a little soft as we kick off ECB week. The bank is widely expected to offer further pushback against those calling for near-term ECB rate-cuts. Towards the end of last year, the market moved to fully price in an ECB rate cut for April in line […]

Futures Action Areas For The Week Ahead #ES #NQ #YM To access the weekly review of the price action in the emini futures markets and today’s real-time actionable analysis with action areas defined for the trading week ahead click here, please like & share! Source: Tickmill

EURUSD, “Euro vs US Dollar” EURUSD continues developing a correction. Today the price has reached the local target of this correction at 1.0908. A decline link to 1.0880 is expected, after which a new growth link to 1.0913 is expected. Once the correction is over, a new decline link to 1.0838 might start. GBPUSD, “Great […]

EURUSD, “Euro vs US Dollar” EURUSD quotes are below the 200-day Moving Average on H4, revealing the prevalence of a downtrend. The RSI is testing the resistance line. In this situation, a downward breakout of the 2/8 (1.0864) level is expected, followed by a price decline to the support at 1/8 (1.0803). The scenario might […]

TitleEURUSD H1 | Falling to support level? TypeBearish Drop Preference:Price is currently at the pivot point of 1.0994, an overlap resistance, A reverse from this point could cause the price to fall to 1st support at 1.0875. a multi-swing low support level. Alternative scenario:If price breaks above the pivot, it might rise to 1st resistance […]