Tag: tickmill
Bitcoin has pulled from the supporting level of 22500, forming a bullish engulfing. Currently, it seems that the asset might potentially jump and face resistance at the level of 25000. So, let’s wait and see what is about to happen next. Gold remains at the supporting level of 1880 for now. The asset is likely […]
Shares Surge on Earnings Release Shares in UK drugmaker Astra Zeneca, famous for its covid vaccine, are surging higher today in response to the group’s latest earnings report. While Q4 revenues were a little below forecasts at $930.5 billion vs $934 billion expected, the group’s full year 2022 results were solid with profits soaring to […]
Dow Pushing Higher Following an impressive rally over much of Q4, the Dow has seemingly lost in mojo in recent months. The 21% Rally off October’s lows, fizzled out into December, seeing a partial correction from which point the Dow has been stuck in a consolidation pattern. However, conditions now look to be shifting in […]
Daily Market Outlook, February 7, 2023 Powell’s Speech The Highlight of The Day, First Post Payrolls Remarks “Asian equities traded with mixed tone overnight following on from a very quiet session on Wall Street, as investors were reluctant to extend risk ahead of a speech by Fed Chair Powell, who addresses the Economic Club of […]
Dollar bulls seem to find themselves in great comfort ahead of the Powell speech at an economic conference in Washington. The DXY index presses against 104 level and is generally at the highs of this year. The breakout of the main channel looks quite daunting for dollar shorts: The NFP report contrasted sharply with the […]
To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts. TitleAUDJPY Potential for bearish drop towards intermediate support TypeBearish Breakout Preference:Looking at the H4 chart, my overall bias for AUDJPY is bearish due to the current price crossing below the Ichimoku cloud, […]
Daily Technical trade Set Ups for CNH50, Russell2000 & EuroStoxx50 To access today’s actionable analysis, click here! Source: Tickmill
FTSE Shrugs Off BOE Rate Hike Despite the Bank of England recently hiking UK rates to their highest level in 14 years, the FTSE has today hit a new all-time high. The index had been higher on the back of the BOE meeting as traders focused on the expected, forthcoming end of the BOE’s tightening […]
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 Bearish Drop to recent swing low TypeBearish Continuation Preference:Looking at the H4 chart, my overall bias for USDCAD is bearish as there is a descending trend line. […]
To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts. TitleCHFJPY Potential for Bullish Rise towards overlap resistance TypeBullish Breakout Preference:Looking at the H4 chart, my overall bias for CHFJPY is bullish due to the current price being above the Ichimoku cloud, […]