Category: Technial Analysis
NZD Weaker Ahead of RBNZ NZDCHF has come under heavy selling pressure over recent sessions as traders brace for the upcoming RBNZ meeting this week. Despite firmly hawkish guidance issued at the November meeting, which suggested a further .75% hike to come, the recent severe flooding and cyclone damage in New Zealand has prompted expectations […]
EURUSD, “Euro vs US Dollar” EURUSD has bounced off the lower border of the bearish channel. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the lower border of the Cloud at 1.0735 is expected, followed by falling to 1.0465. An additional signal confirming the decline will be a […]
EURUSD, “Euro vs US Dollar” The currency pair has completed a wave of decline to 1.0612 and a correction to 1.0693. Today the market is consolidating under this level. An escape upwards and further falling to 1.0580 are expected. GBPUSD, “Great Britain Pound vs US Dollar” The currency pair has completed a wave of decline […]
The BTC has started the week by some vague fluctuations near 24,522 USD. As for weekly growth, it amounts to 12.24%. Such a great result, especially in an unstable market. Today the US stock market is shut down because it is Presidents’ Day, which means volatility will be low. Investors need to get above 25,000 […]
XAUUSD, “Gold vs US Dollar” At the support level, gold 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 1866.00. Upon testing the resistance level, the pair may break through it and continue the uptrend. However, the quotes may […]
To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts. TitleNZDJPY Potential for bearish drop towards previous swing low TypeBearish Breakout PreferenceLooking at the H4 chart, my overall bias for NZDJPY is bearish due to the current price being below the Ichimoku […]
To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts. TitleUSDJPY Potential for bullish continuation towards previous swing high TypeBullish Bounce PreferenceLooking at the H4 chart, my overall bias for USDJPY is bullish due to the current price being above the Ichimoku […]
The dollar index continued to rise on Thursday and broke through the 104 level. The dynamics of economic activity in the US continues to surprise this quarter, which allows the Fed to remain hawkish and keep short-term yields in the US unchanged. Today’s data calendar is not particularly remarkable, but several speakers from the Fed […]
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 Potential for bearish drop to previous swing low TypeBearish Reversal Preference:Looking at the H4 chart, my overall bias for NZDUSD is bearish due to the current price being below the Ichimoku […]
Loonie Looking to Break USDCAD has seen a solid run of demand this week, turning focus to the potential for a breakout higher in coming sessions. The pair has been stuck in a range for most of the year so far caught between support at 1.3218 and resistance at 1.3501. However, on the back of […]