Tag: tickmill

TitleDER30EUR, H4 | Potential bearish reversal TypeBearish Reversal Preference:Price is approaching our pivot level of 15336.48 and could reverse from here, we could see momentum move price down to its 1st support of 15132.22. Alternative scenario:If price breaks above the pivot level, it could hit the 1st resistance of 15480.16. To discuss this trading idea, […]

Daily Market Outlook, March 28, 2023 Banking Stress Recedes, Relief Rally In Bank Shares Supports Sentiment Following a mildly positive finish on Wall Street Asian equities have also posted modest gains overnight as risk sentiment remains buoyed by a belief that the banking stress of the past few weeks is starting to recede. The Fed […]

TitleGBPUSD, H4 | Potential bearish reversal TypeBearish Reversal Preference:Price could approach our pivot level of 1.23437 and reverse from here, we could see momentum move price down to its 1st support of 1.22086 Alternative scenario:If price breaks above the pivot level, it could hit the 1st resistance of 1.23987. To discuss this trading idea, head […]

TitleEURUSD H4 | Potential reversal from 38.2% TypeBullish Bounce Preference:The current price is at the pivot point of 1.07629, which is an overlap support level and is slightly below the 38.2% Fibonacci retracement level. If the price were to reverse from this level, it could potentially rise towards the first resistance at 1.0838, which is […]

Daily Technical Trade Setups For SP500, Nasdaq & DowJones To access todays actionable analysis, click here! Source: Tickmill

News related to Deutsche Bank shook financial markets on Friday, but the trend on Monday suggests that the market overreacted with panic: SPX futures topped 4000 points and gold fell by more than 1.5%. Shares of American banks, which are probably some of the best proxies for broad market volatility, bounced back in pre-market trading, […]

Euro is undergoing a correction, heading down, and targeting the uptrend and supporting level of 1.0500. The asset might potentially pull back from the crossing point of this uptrend and supporting level and jump. Euro might also eventually hit the level of 1.1000. Time will tell what will happen next. Brent oil keeps testing the […]

Daily Market Outlook, March 27, 2023 Markets Avoid Another Weekend Meltdown, As SBV Is Acquired Asian equities start the week in a subdued fashion following Friday’s reversal on Wall Street, market concerns around European banking names have been allayed as the weekend passes without any significant negative news flow. First CitizensBancshares have agreed to acquire […]

TitleAUDUSD H4 | Potential Bullish Reversal TypeBullish Bounce Preference:The price has bounced back from the pivot point at 0.66373, which is a swing low support level that aligns with an ascending trendline and the 61.8% Fibonacci retracement level. If the price keeps climbing, it has the potential to hit 1st resistance level of 0.67222. Alternative […]

TitleXAUUSD H4 | Continue to 1st support TypeBearish Reversal Preference:Update on Gold: XAUUSD is still in our pivot zone. Additionally, we are seeing that the price may be forming a double top pattern and there is a doji candlestick. We expect that the price could drop to our first support level, which is an overlap […]