Tag: tickmill
To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts. TitleNZDUSD Potential for bearish drop to previous swing low TypeBearish Reversal Preference:Looking at the H4 chart, my overall bias for NZDUSD is bearish due to the current price being below the Ichimoku […]
Loonie Looking to Break USDCAD has seen a solid run of demand this week, turning focus to the potential for a breakout higher in coming sessions. The pair has been stuck in a range for most of the year so far caught between support at 1.3218 and resistance at 1.3501. However, on the back of […]
Signs of picking up US economic activity and inflation in the new year have fueled hawkish rhetoric from Fed officials. Yesterday it was the Fed’s Mester and Bullard’s turn to once again put forward the idea of a more aggressive 50 basis point rate hike. Barkin and Bowman are also speaking today, and most likely […]
Yields Rising Quickly US yields are surging higher once again this week on the back of a recent string of better-than-forecast US data which has thrown the ‘Fed pivot’ narrative into turmoil. With jobs data coming in well above forecasts, inflation jumping again last month and retail sales bouncing back to their highest level in […]
To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts. TitleGBPUSD, H4 | Potential retest on the overlap support TypeBullish Rise Preference:Looking at the H4 chart, my overall bias for GBPUSD is bullish. Looking for a buy entry at 1.19189 where the […]
Daily Market Outlook, February 17, 2023 Fed Hawks Weigh On Risk Appetite As Investor Risk Sentiment Sours Asian equities declined as US producer price inflation and hawkish Fed rhetoric weighed on investor appetite into the weekend. Treasury yields ascended with the 10yr yield approaching 4% as markets reprice US rate expectations towards three further 25bps […]
To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts. TitleUSDCAD, H4 | Potential for Bullish Rise to 61.8% Fibonacci line TypeBullish Rise Preference:Looking at the H4 chart, my overall bias for AUDUSD is bullish as the current price is above the […]
USDJPY On the Up It’s been an interesting and action-packed week for traders with plenty of developments and plenty of nice moves to get involved with. Chatting with traders ahead of the weekend, it seems the big move capturing attention in FX is the fresh strength we’ve seen in USD this week, particularly against JPY. […]
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 to intermediate support TypeBearish Drop Preference:We are seeing the price is being above the Ichimoku cloud, Looking for a pullback sell entry at 0.6893 where […]
BTC Spikes Higher Following a slump over recent weeks, Bitcoin has regained upward momentum this week, breaking out to fresh 2023 highs. The move comes despite an uptick in US regulatory action against the crypto sector including exchanges and staking companies. Yesterday’s almost 10% rally marked the largest single-day increase for Bitcoin in over six […]