Category: Technial Analysis
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is correcting inside a Triangle pattern. The instrument is going inside the Ichimoku Cloud, which suggests a flat. A test of the lower border of the Cloud at 1.2305 is expected, followed by growth to 1.2625. An additional signal confirming the growth will be a bounce off […]
EURUSD, “Euro vs US Dollar” The currency pair has completed a wave of decline to 1.0802. Today the market has formed a new structure of correction to 1.0868. At the moment, the market is forming a consolidation range around this level. The range might extend to 1.0886. Then the price is going to escape it […]
Technical trade Set Ups For Gold, Silver, Crude & AMD To access today’s actionable video analysis click here! Source: Tickmill
The dollar index started the week on a rather pessimistic note, trading below 102 points, suggesting that the market is setting low expectations for a hawkish Fed outcome on Wednesday. A moderate correction is taking place in the risk assets as a reaction to a possible turbulence due to a series of central bank meetings […]
The batch of EU economic data released on Tuesday curbed the bearish momentum in the Euro that we saw for the Euro in the first half of the day. EURUSD fell to 1.08, but started to recover following the release of upbeat economic data, namely consumer inflation in France, unemployment in Germany, as well as […]
Spotify Earnings Up Next On the back of two consecutive quarters of earnings declines, Spotify is in focus today. The company is due to report Q4 results with Wall Street looking for an adjusted loss per share of -$1.35 on revenues of $3.391 billion. Spotify suffered sharply over 2022, losing more than 60% of its […]
To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts. TitleUSDCAD, H4 | Potential bullish opportunity Type Bullish Bounce Preference: We are seeing the price bouncing back from the support level and heading toward the 1st resistance level at 1.35209. Source: Tickmill
Equities Reflect Uncertainty Ahead of Fed Global equities benchmarks are showing a sea of red across the European open on Tuesday. Yesterday saw choppy action across the board, likely reflecting some growing uncertainty ahead of the Fed tomorrow. While Powell and co are widely expected to opt for a smaller .25% hike, there are some […]
EURUSD, “Euro vs US Dollar” The currency pair has completed a wave of correction to 1.0913. Today the market has formed a structure of decline to 1.0838. At the moment, the market is forming a consolidation range around this level. An escape downwards is expected, followed by the development of a structure of decline to […]
AUDUSD, “Australian Dollar vs US Dollar” On H4, the quotes are above the 200-day Moving Average, which indicates prevalence of an uptrend. The RSI is testing the support line. The price is likely to rise above 2/8 (0.7080) and then grow to the resistance level of 3/8 (0.7202). The scenario can be cancelled by a […]