Category: Technial Analysis
EURUSD, “Euro vs US Dollar” EURUSD has pushed off the support level. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the lower border of the Cloud at 1.0755 is expected, followed by falling to 1.0505. An additional signal confirming the decline will be a bounce off the upper […]
To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts. TitleCHFJPY Potential for bullish rise towards overlap resistance TypeBullish Bounce Preference:Looking at the H4 chart, my overall bias for CHFJPY is bullish due to the current price being above the Ichimoku cloud, […]
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 for Bearish Drop to recent swing low TypeBearish Reversal Preference:Looking at the H4 chart, my overall bias is bearish as there is a key resistance level. Looking for […]
Metals Traders Brace for US CPI A quiet start for the metals complex on Monday. On the back of the recent selling we’ve seen, this isn’t necessarily a bad thing. Bumper US jobs data looks to have put an end to the metals rally for now with gold price correcting more than 5% from YTD […]
To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts. TitleS&P500 potential for bearish drop towards intermediate support TypeBearish Drop Preference:Looking at the H4 chart, my overall bias for S&P500 is bearish due to the current price being below the Ichimoku cloud, […]
EURUSD, “Euro vs US Dollar” The currency pair has completed a link of decline to 1.0645. Today the market might develop a structure of growth to 1.0695. Next, a decline to 1.0639 and growth to 1.0740 should follow. Then the price might drop to 1.0605, from where the range should extend to 1.0600. The goal […]
EURUSD, “Euro vs US Dollar” On H4, the quotes are under the 200-day Moving Average, which reveals possible development of a downtrend. The RSI has broken through the support level. We should expect a downward breakaway of 3/8 (1.0620) and falling to the support level of 2/8 (1.0498). The scenario can be cancelled by rising […]
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 rise towards overlap support TypeBullish Bounce Preference:Looking at the H4 chart, my overall bias for USDJPY is bullish due to the current price being above the Ichimoku cloud, […]
Gold has managed to form a bearish flag and approach the resistance at the level of 1820.00. The asset might potentially pull from this level and jump. Currently, gold is undergoing a mere correction. So, it would be wise to follow the candlestick formations to understand what might happen next. American stock index S&P 500 […]
The BTC is looking for some reasons to return to stable growth, and on Monday has started to gro cautiously. The current quote is 21,874 USD. Over a week, the BTC has lost 4.25%. The losses of the crypto are directly connected to the moods on the US stock market. Investors are nervous, waiting for […]