Category: Technial Analysis
Daily Trade Setups #GOLD #CRUDE #RTY To access today’s real-time actionable analysis CLICK HERE! Source: Tickmill
The BTC price rose to 28,670 USD on Wednesday. The weekly gain is estimated at 5.8%, and the daily gain at 1.8%. The market has successfully breached previously specified resistance levels, both at the 27,800 USD and the 28,500 USD marks. This surge is based on fake news of approval for a BlackRock exchange-traded fund. […]
The primary currency pair surpassed yesterday’s levels on Wednesday, but uncertainties loom regarding future developments. The current EURUSD exchange rate stands at 1.0576. The US released two significant reports yesterday. The first report concerned retail sales, which increased by 0.7% m/m in September, exceeding the forecast (+0.2%) and even surpassing the August figure (+0.6%). The […]
Tickmill’s dedication to offering some of the best trading conditions in the market is no secret. At any time, regardless of changing markets. This dedication has earned it various accolades and recognition, including being named the ‘Number One Broker for Commissions and Fees’ by ForexBrokers.com for three consecutive years. To achieve such results, Tickmill invests a […]
The majority of traders tend to solely focus on spreads when choosing a broker. Yet, there are other costs and fees that may be less explicit, and therefore some traders might not take them into consideration. We sat down with Johnny, Head of Liquidity at Tickmill, to shed light on these hidden costs that traders […]
EURUSD, “Euro vs US Dollar” EURUSD has formed a Harami reversal pattern near the resistance level on H4. Currently, the instrument is going by the reversal signal in a descending wave. The decline target might be the support level at 1.0465. However, the price could correct to 1.0580 and continue the downtrend after the correction […]
AUDUSD, “Australian Dollar vs US Dollar” AUDUSD quotes are below the 200-day Moving Average on H4, indicating the prevalence of a downtrend. The RSI is testing the resistance line. In this situation, a downward breakout of 4/8 (0.6347) is expected, from where the price might drop to the support at 2/8 (0.6286). The scenario can […]
Daily Market Outlook, October 17, 2023 Munnelly’s Market Commentary… Asia – Asian stocks rebounded from yesterday’s losses, following the US market’s recovery. Japan’s Nikkei-225 index rose by 1%, while other regional markets also gained. The Israel-Hamas conflict remains tense, but diplomatic efforts are underway to prevent further escalation. US President Biden will visit Israel tomorrow. […]
The Japanese yen paired with the US dollar is currently undergoing a phase of consolidation near the psychologically significant level. The current USDJPY exchange rate stands at 149.55. Investors continue to monitor the developments in USDJPY with considerable anxiety. The pair is still very close to the 150.00 yen level, around which interventions to bolster […]
EURUSD, “Euro vs US Dollar” EURUSD has completed a correction wave to 1.0562. Today the market continues developing a declining wave to 1.0502. Breaking this level downwards, the potential for a wave down to 1.0444 could open. After the price reaches this level, a correction to 1.0502 (with a test from below) looks possible. GBPUSD, […]