Category: Technial Analysis
To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts. TitleNZDUSD, H4 | Potential Bearish Drop TypeBearish Drop Preference:Looking at the H4 chart, my overall bias for NZDUSD is bearish as the current price is below the Ichimoku Cloud. Looking for a […]
To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts. TitleGBPJPY Potential for bullish rise towards overlap resistance TypeBullish Bounce PreferenceLooking at the H4 chart, my overall bias for GBPJPY is bullish due to the current price being above the Ichimoku cloud, […]
EURUSD, “Euro vs US Dollar” The currency pair has completed a wave of decline to 1.0600. Today the market might demonstrate a link of correction to 1.0640. Then a decline to 1.0584 should follow. And with a breakaway of this level as well, a pathway for the wave down to 1.0579 should open. GBPUSD, “Great […]
The US equities have finally succumbed to the hawkish interest rate narrative that was gathering momentum in the market since the start of the February. The recent stream of fundamental data updates, officials’ statements, warnings from market experts about Fed tightening extending into the second half of 2023 seem to have reached critical mass, which […]
To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts. TitleUSDCHF Potential for bullish rise towards intermediate high TypeBullish Breakout PreferenceLooking at the H4 chart, my overall bias for USDCHF is bullish due to the current price being above the Ichimoku cloud, […]
EURUSD is heading down again. The current quote is 1.0660. Yesterday investors were busy analysing the PMI of the EU and the US, but the attitude of the Federal Reserve System remained in the focus of attention. The closer we come to the publication of the minutes of the last meeting, which is scheduled on […]
USDJPY, “US Dollar vs Japanese Yen” On H4, the quotes are in the overbought area. The RSI has bounced off the resistance line. A downward beakaway of 8/8 (134.37) is expected, followed by falling to the support level of 6/8 (132.81). The scenario can be cancelled by rising above the resistance level of +1/8 (135.15). […]
The New Zealand dollar has grown a bit against the US dollar in response to the RBNZ decision. The current quote is 0.6221. However, the medium-term trend remains as it was: the NZD needs a better foothold than the Reserve Bank of New Zealand can possibly give it. At today’s meeting the RBNZ made an […]
EURUSD, “Euro vs US Dollar” The currency pair has completed a wave of decline to 1.0637. Today the market may perform a link of correction to 1.0666. Then the price might drop to 1.0586, and with a breakaway of this level a pathway down to 1.0579 should open. GBPUSD, “Great Britain Pound vs US Dollar” […]
EURUSD, “Euro vs US Dollar” On H4, at the support level the pair has formed a Hammer reversal pattern. The instrument is now going by the signal in an ascending wave. The goal of the growth might be 1.0725. However, the quotes may correct to 1.0620 and continue the uptrend after testing the support level. […]