Tag: tickmill
TitleDER30EUR H4 | Pullback in DAX towards pivot TypeBullish Bounce Preference:Price is pulling back to our pivot level of 15460.72 and potentially bounce from here, we could see momentum carry price up to its 1st resistance of 15716.11. Alternative scenario:If price breaks below the pivot level, it could hit the 1st support of 15259.39. To […]
TitleNZDUSD H4 | Strong push towards pivot TypeBearish Reversal Preference:Price is approaching our pivot level of 0.63916 and potentially reverse from here, we could see momentum carry price down to its 1st support of 0.62704. Alternative scenario:If price breaks above the pivot level, it could hit the 1st resistance of 0.64155. To discuss this trading […]
FTSE 100 – Financials & Miners Lead The Way To A Seventh Day of Opening Gains The FTSE 100 continues to trade with an upbeat tone as the UK benchmark opened in the green for a seventh straight session, the early advance has faded to trade just below the flatline as London traders head for […]
TitleXAUUSD, H4 | Running into resistance TypeBearish Reversal Preference:Price is approaching our pivot level of 1991.292 and potentially reverse from here, we could see momentum carry price down to its 1st support of 1945.885. Alternative scenario:If price breaks above the pivot level, it could hit the 1st resistance of 2010.04. To discuss this trading idea, […]
Daily Market Outlook, April 04, 2023 RBA Tap The Breaks On Rate Rises Asian equity markets traded with a mixed tone, with some centres carving out modest gains, the upside was capped given the the choppy action seen on Wall Street, where manufacturing data indicated a further retreat in inflationary pressures and a softening in […]
Daily Market Outlook, April 05, 2023 RBNZ Hit The Gas And Raise Rates As Gold Shines Above $2000/oz Asian equities are trading with a mixed tone after a less than convincing close on Wall Street, with the benchmarks all closing in the red as an initial decline in JOLTS job openings sparked a rally on […]
TitleETHUSD, H4 | Hitting resistance TypeBearish Reversal Preference:Price is approaching our pivot level of 1835.69 and potentially reverse from here, we could see momentum carry price down to its 1st support of 1742.9. Alternative scenario:If price breaks above the pivot level, it could hit the 1st resistance of 1860.61. To discuss this trading idea, head […]
Daily Technical Trade Setups For Dax, FTSE & Gold To access today’s actionable analysis please click here Source: Tickmill
TitleDXY H4| Bounced off from 1st support TypeBullish Bounce Preference:Price has bounced off from our pivot point at 101.6207, which is multiple swing low support along with 78.6% Fibo retracement. If price were to reverse from here, it could potentially push up to the 1st resistance at 102.6303, which is a swing high resistance Alternative […]
On Tuesday, the dollar is struggling to rise, consolidating around the 102 level. Positive sentiment in the stock market and stress indicators in the US banking system suggest that the potential for further dollar decline is growing. For example, the Fed’s balance sheet, which has reflected bank demand for liquidity in recent weeks (due to […]