Tag: tickmill
TitleNASDAQ, D1 | Potential bearish reversal TypeBearish Reversal Preference:Price is approaching our pivot of 12978.69 and reverse from this level, we could see momentum move price down to its 1st support of 11669.23. Alternative scenario:If price breaks above the pivot level, it could hit the 1st resistance of 13724.95. To discuss this trading idea, head […]
TitleDXY, H4 | Potential bullish reversal TypeBullish Bounce Preference:Price could approach our pivot level of 101.1201 and reverse from this level, we could see the momentum carry price up to its 1st resistance of 102.5606. Alternative scenario:If price breaks below pivot level, it could come down to the 1st support of 100.4554 To discuss this […]
Daily Market Outlook, March 24, 2023 Yellen Flip Flop Leaves Markets Mixed Into The Weekend Asian equities retreated as investors paired risk exposure into the weekend, inline with Wall Street. Investors have been buffeted by a round of mixed signals from Treasury Secretary Yellen who remained non committal regarding deposit backstopping, hintinting that such a […]
TitleUSDJPY H4 | Potential reversal from 78.6% TypeBullish Breakout Preference:The current price is at our pivot level of 130.335, which lines up with an overlap support which is just slightly above the 78.6% Fibonacci retracement level. If there is a reversal from this level, the price could potentially move up to 1st resistance at 133.015 […]
Title EURUSD H4 | Potential reversal from 78.6% TypeBearish Reversal Preference:The price is currently at our pivot point at 1.09254, along with a 78.6% Fibonacci retracement, which is an overlap resistance. If the price were to reverse, it could potentially drop to the 1st support level at1.10309 Alternative scenario:However, if price were to break above […]
Title USDCHF H4 | Potential bullish reversal TypeBullish Bounce Preference:Price has bounced off our pivot at 0.91344, which is an overlap support level along with a 76.8% Fibonacci retracement level. If price were to reverse, it could potentially rise towards the 1st resistance level at 0.92325, which is also an overlap resistance level. Alternative scenario:However, […]
TitleGBPUSD H4 | Potential bearish reversal TypeBearish Breakout Preference:Price is testing our pivot at 1.2319 which is an overlap support along with a 78.6% Fibo retracement. if price were to reverse, it could drop down to 1st support at 1.21945 which is an overlap support level. Alternative scenario:On the other hand, if the price breaks […]
The Fed hiked interest rate by a quarter point at yesterday’s meeting but hinted also that they keep their options open for more hikes because inflation remains significantly above the target level. The tone of the statement was clearly softer, just remember that in the February meeting, the wording regarding future rate hikes was more […]
Daily Technical Trade Set Ups For Nvidia, DXY & AUDNZD To access today’s actionable analysis click here! #Nvidia #Dollar #AUDNZD Source: Tickmill
Nike Beats Earnings Shares in Nike surged higher yesterday and are trading around 4% higher ahead of the US open today after the company posted better than expected earnings. For Q3 FY 2023, Nike posted EPS of $0.79, well above the $0.55 the market was looking for. Additionally, revenues came in at $12.39 billion, again […]