Tag: tickmill
Walmart In Focus Today The big focus for US stock traders today will be the release of Walmart’s Q4 earnings, coming just before the US open. The company’s performance always attracts plenty of attention given its status as an indicator of overall US economic health due to its size. One of the key themes we’ve […]
Daily Market Outlook, February 20, 2023 Asian Markets Recover After A Tepid Start To The Trading Week Asian equities opened on the backfoot given a mixed handover from Wall Street as investors squared positions ahead of the Friday close and the US Presidents Day holiday today (with the NYSE closed today). Overnight geopolitical concerns were […]
To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts. TitleAUDUSD, H4 | Potential for Bearish Drop TypeBearish Reversal Preference:Looking at the H4 chart, my overall bias for AUDUSD is bearish as the current price is below the Ichimoku Cloud. Looking for […]
Bitcoin has tested a very important resistance at the level of 25000. Currently, it stays still. However, Bitcoin might eventually pull back from this level, undergo correction, and gain the required support at the level of 21500. Yet buyers may help the asset to pull through to break the resistance and hit the level of […]
EURAUD Downside Opportunities EURAUD is looking interesting here. Following the breakout over late Q3/Q4 last year, price has since stalled, reversing from an attempted break above 1.5713. Price now looks to be resting in a potential head and shoulders formation, underpinned by the neckline support at 1.5206, suggesting potential for a deeper move lower on […]
The foreign exchange market is trading slowly at the beginning of the new week, as seen by the modest range of movements; the US markets are closed in observance of Presidents’ Day. The key events of the week are the Federal Reserve Minutes and the Core PCE for January. The dominant theme on the market […]
NZD Weaker Ahead of RBNZ NZDCHF has come under heavy selling pressure over recent sessions as traders brace for the upcoming RBNZ meeting this week. Despite firmly hawkish guidance issued at the November meeting, which suggested a further .75% hike to come, the recent severe flooding and cyclone damage in New Zealand has prompted expectations […]
To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts. TitleNZDJPY Potential for bearish drop towards previous swing low TypeBearish Breakout PreferenceLooking at the H4 chart, my overall bias for NZDJPY is bearish due to the current price being below the Ichimoku […]
To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts. TitleUSDJPY Potential for bullish continuation towards previous swing high TypeBullish Bounce PreferenceLooking at the H4 chart, my overall bias for USDJPY is bullish due to the current price being above the Ichimoku […]
The dollar index continued to rise on Thursday and broke through the 104 level. The dynamics of economic activity in the US continues to surprise this quarter, which allows the Fed to remain hawkish and keep short-term yields in the US unchanged. Today’s data calendar is not particularly remarkable, but several speakers from the Fed […]