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Futures Weekly Wrap-Up #ES #NQ #YM To access the weekly review of the price action in the emini futures markets and today’s real-time actionable analysis for the Friday trading session use the links below, please like & share! Emini SP500 https://youtu.be/JZ-z0uEMhU0?si=6krBfWtUcTpb1zEk Emini Nasdaq https://www.youtube.com/watch?v=r2T8PoIaVW4 Emini DowJones https://youtu.be/2iiOvRx4z3c?si=Q3wigFT0pV6Zs_0_ Source: Tickmill
FTSE Surges Post-BOE On the back of the Bank of England meeting yesterday, the FTSE is attempting to breakout above the 7678.8 level range highs. The meeting saw the BOE holding rates steady, while pushing back against those calling for imminent rate cuts. Instead, the bank warned that the battle against inflation was still not […]
EURUSD, “Euro vs US Dollar” EURUSD has formed a Hanging Man reversal pattern near the resistance level on H4. Currently, the instrument is going by the reversal signal in an ascending wave. The correction target could be the support at 1.0950. However, the price might rise to 1.1070 and continue its upward movement without testing […]
Brent Brent quotes are hovering below the 200-day Moving Average on H4, revealing a prevailing downtrend. The RSI is approaching the overbought area. In this situation, the price is expected to test the 2/8 (78.12) level, rebound from it, and fall to the support at 0/8 (75.00). The scenario can be cancelled by rising above […]
USD Under Pressure The Dollar Index is on course to end the week at its lowest level since August having shed around 2.4% since Monday’s opening price. The main driver behind the move lower this week was the December FOMC meeting on Wednesday. While the Fed held rates steady as expected, the accompanying outlook and […]
TitleAUDUSD H4 | Potential bullish bounce TypeBullish Bounce Preference:Price is falling to our pivot point at 0.66798, overlap support, and could bounce to our 1st resistance level at 0.6726, and overlap resistance. Alternative scenario: The price could break through the pivot at 0.66798 and fall to the 1st support level at 0.66188, the pullback support.. […]