Tag: tickmill
TitleBTCUSD H4 | Potential bullish momentum TypeBullish Breakout Preference:Price is approaching the pivot point of 26292.14 and could potentially breakout from here, we could see momentum carry price up to its 1st resistance of 27393.61. Alternative scenario:If price breaks below the pivot point, it could hit the 1st support of 25810.62. To discuss this trading […]
American stock index S&P500 rebounded from the upper boundary of the range, that is, the resistance level of 4195. Currently, the index is going down, targeting the opposite side of the range. The price of the index is likely to rebound from the supporting level of 4060 and head toward the opposite boundary of the […]
TitleXAUUSD H4 | Falling to support TypeBullish Bounce Preference:Price is approaching the pivot point of 1952.557 and could potentially reverse from here, we could see momentum carry price up to its 1st resistance of 1980.333. Alternative scenario:If price breaks below the pivot point, it could hit the 1st support of 1937.084. To discuss this trading […]
Daily Market Outlook, May 25 , 2023 Asian equities were mainly lower overnight as caution prevailed in the region following Wall Street’s losses. The market sentiment was influenced by concerns over the US debt ceiling and the release of the Federal Open Market Committee (FOMC) Minutes, which revealed a division among officials regarding support for […]
TitleUSDJPY H4 | Bearish Divergence TypeBearish Reversal Preference: Price has just reacted off our pivot point of 139.66 which is a pullack resistance level. A reverse form here, price could fall to 1st support at 138.81 which is an overlap support level. Alternative scenario:However, if price breaks above the pivot, it could rally to 1st […]
TitleDXY H4 | Potential bearish reversal TypeBearish Reversal Preference:Price has just reversed from our pivot point of 103.7523 which is a pullback resistance that aligns with a 78.6% Fibonacci retracement. A reverse from here, price could fall to 1st support level at 103.1057 which is a pullback support level Alternative scenario:However, if price breaks above […]
TitleXAUUSD H4 | React off 38.2% TypeBearish Reversal Preference:Price has just reacted off the pivot point of 1981.517 which is an overlap resistance that aligns with a 38.2% Fibonacci retracement. A reverse from here, price could fall to our 1st support at 1958.267 which is a swing low support level. Alternative scenario:However, if price breaks […]
Daily Technical Trade Setups For FTSE100, Crude Oil & Meta To access today’s actionable analysis, click here! Source: Tickmill
Bailey Admits Mistakes Bank of England governor Andrew Bailey has come under fire over comments made during a speech yesterday where he admitted that the BOE had made mistakes over its response to rising inflation. The BOE was widely criticised for not acting early or aggressive enough with its monetary tightening. In comments yesterday, Bailey […]
TitleAUDUSD H4 | Bounce off 1st support TypeBullish Bounce Preference: Price is falling to our pivot point of 0.65787 which is a swing low support level. A bounce from here. price could rally to 1st resistance at 0.66063 which is a pullback resistance level Alternative scenario:However, of price breaks below the pivot, it could fall […]