Tag: tickmill
US equities posted a good performance on Thursday, with the SPX almost testing 4200 points and NASDAQ jumping 3.56%, very close to 13000 points, the highest level since the end of August. The FOMC meeting was a nothingburger with the FOMC statement and Powell comments indicating a strong bias towards a much less hawkish stance, […]
MSCI Makes New Ground It’s been a busy week for markets across the board this with plenty of volatility to enjoy and with the NFP still to come, there might still be more volatility yet. With plenty of action in US earnings as well as the February FOMC, BOE and ECB meetings, we’ve seen a […]
Daily Market Outlook, February 3, 2023 Trifecta of Tech Disappointment Weighs On Risk Sentiment Ahead of NFP’s Asian equity markets took their lead from a late day slide on Wall Street as gains were conceded into the close of trade, although US markets ultimately posted solid returns on the day, they finished well off their […]
Daily Technical Trade Set Ups for USD, Gold & TLT To see today’s actionable analysis click here! Source: 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. TitleAUDJPY potential for bearish drop towards previous swing low TypeBearish Reversal Preference:Looking a the H4 chart, my bias for AUDJPY is bearish due to the current price crossing below the cloud, indicating […]
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, H4 | Potential to recent swing high TypeBullish Continuation Preference:Looking at the H4 chart, my overall bias for NZDUSD is slightly bullish, there is an ascending trendline . Looking for buy […]
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 Potential for bearish drop towards overlap support TypeBearish Reversal Preference:Looking at the H4 chart, my bias for GBPUSD is bearish due to the price being below the Ichimoku cloud, indicating a […]
Daily Market Outlook, February 2, 2023 A FED Plateau, Markets Pivot To ECB & BoE US equity and treasury markets surged, as the FOMC delivered an expected 25bps rate move, the smallest increase since last March, while The Fed Chair maintained the stance that further hikes were likely, markets sensed that there is an impending […]
BOE Up Next The Bank of England meeting today will be pivotal for GBP. Concerns over the UK economy have become a prominent issue in recent months with widening industrial action, ongoing Brexit-related difficulties, covid disruptions and political instability all exerting downward pressure on GBP. The BOE’s tightening operations have added to the pressure for […]
Oil Traders Increase Longs The latest CFTC COT institutional positioning report shows that oil traders increased their net long positions again last week. Total upside exposure was increased for the second week, from 239k contracts to 249k contracts. Despite the uptick in bullish bets, oil prices have suffered recently with crude futures falling around 7% […]