News

S&P 500 and other US stock indices closed with a solid gain on Friday. After breaking through the bearish channel last week, the SPX index spent most of the week consolidating near the 4350 level, but on Friday, it made a confident leap, surpassing the 4400 mark. The rally since early November has been quite […]

Futures Weekly Action Areas #ES #NQ #YM To access the weekly action areas for the trading week ahead in the emini futures markets use the links below Emini SP500 https://www.youtube.com/watch?v=VKcKpHJ6fCg Emini Nasdaq https://www.youtube.com/watch?v=TpGx1q_ogKo Emini DowJones https://www.youtube.com/watch?v=iIHF-qcWdNw Source: Tickmill

EURUSD, “Euro vs US Dollar” EURUSD continues developing a consolidation range around 1.0675. An extension of the range to 1.0695 is not excluded. Next, a decline to 1.0630 might follow. And with a breakout of this range downwards, the trend is expected to continue to 1.0540. This is a local target. GBPUSD, “Great Britain Pound […]

EURUSD, “Euro vs US Dollar” EURUSD are above the 200-day Moving Average on H4, revealing the prevalence of an uptrend. The RSI has broken the resistance line. In this situation, the quotes are expected to rise above 7/8 (1.0711), subsequently proceeding to the resistance at 8/8 (1.0742). The scenario can be cancelled by a downward […]

ETH Testing Highs Ethereum prices are holding just below YTD highs as we start the new week. Following a test of the 2153.5 level last week, ETH prices have since cooled a little though retain a firm upside focus on the back of the more than 405 rally we’ve seen since the September lows. The […]

GBP Traders Await Inflation Data GBPUSD continues to cling to support around the 1.2171 level. The level has acted as a magnet over recent months with price oscillating around that price point since mid-September.  An attempt earlier this month at breaking higher saw price running into trouble at the 1.2437 level with that area acting […]