Tag: tickmill

Jan 05
Corn Futures ( ZC1! ), H4 Potential for Bullish Rise

Type: Bullish Rise Key Levels:Resistance:698.50Pivot:651.25Support:638.25 Preferred Case:Looking at the H4 chart, my overall bias for ZC1! is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. If this bullish momentum continues, expect price to possibly head towards the resistance at 698.50, where the previous swing high is. Alternative Scenario:Price […]

Jan 04
Soybean Futures ( ZS1! ), H4 Potential for Bullish Continuation

Type: Bullish Continuation Key Levels:Resistance:1535.00Pivot:1492.25Support:1457.75 Preferred Case:Looking at the H4 chart, my overall bias for ZS1! is bullish due to the current price crossing above the Ichimoku cloud , indicating a bullish market. If this bullish momentum continues, expect price to possibly continue heading towards the resistance at 1535.00, where the recent high is Alternative […]

Jan 04
Is gold primed for a rally on expectations of central banks easing cycle in 2023?

Major European currencies ceded ground to dollar on Tuesday, EURUSD broke down 1.06 and GBPUSD 1.20 level. The start of European session saw major sell-off both in EUR and GBP: Positive December price data from Germany failed to offset selling pressure in Euro, despite significant pullback in the rate of consumer price growth – from […]

Jan 04
Corn Futures ( ZC1! ), H4 Potential for Bullish Rise

Type: Bullish Rise Key Levels:Resistance:700.00Pivot:651.25Support:638.25 Preferred Case:Looking at the H4 chart, my overall bias for ZC1! is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. If this bullish momentum continues, expect price to possibly head towards the resistance at 700.00, where the previous swing high is. Alternative Scenario:Price […]

Jan 04
Cocoa Futures ( CC1! ), H4 Potential for Bullish Rise

Type: Bullish Rise Key Levels:Resistance: 2671Pivot: 2570Support: 2470 Preferred Case:Looking at the H4 chart, my overall bias for CC1! is bullish due to the current price above the Ichimoku cloud, indicating a bullish market structure. If this bullish momentum continues, expect price to head back up towards the resistance at 2671, where the previous swing […]

Jan 04
S&P 500 E-mini Futures ( ES1! ), H4 Potential for Bearish Drop

Type: Bearish Drop Key Levels:Resistance: 4049.00Pivot: 3914.00 Support:3757.50 Preferred Case:Looking at the H4 chart, my overall bias for SPX is bearish due to the current price crossing below the Ichimoku cloud , indicating a bearish market. If this bearish momentum continues, expect price to continue heading towards the support at 3757.50, where the 161.8% Fibonacci […]

Dec 30
Copper Futures (HG1!), H4 Potential for Bullish Rise

Type: Bullish Rise Key Levels:Resistance: 3.9600Pivot: 3.6885Support: 3.5545 Preferred Case:Looking at the H4 chart, my overall bias for HG1! is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. If this bullish momentum continues, expect price to possibly head towards the resistance at 3.9600, where the previous swing […]

Dec 29
EURO FX Futures ( 6E1! ), H4 Potential for Bullish Continuation Type: Bullish Continuation

Type: Bullish Continuation Key Levels:Resistance:1.07935Pivot:1.05085Support:1.03315 Preferred Case:The current bias for 6E1! on the H4 chart is bullish . To add to this bias, the price is currently above the Ichimoku cloud , indicating a bullish market. If this bullish momentum continues, expect price to possibly continue heading towards the 1st resistance line at 1.07935 where […]

Dec 29
Palladium Futures ( PA1! ), H4 Potential for Bearish Drop

Type: Bearish Drop Key Levels:Resistance: 1917.5Pivot:1744.0Support:1656.5 Preferred Case:On the H4 chart, we have a bearish bias. To add confluence to this, price is crossing below the Ichimoku cloud which indicates a bearish market. If this bearish momentum continues, expect price to possibly head back down to retest the pivot at 1744.0, where the 23.6% Fibonacci […]

Dec 29
S&P 500 E-mini Futures ( ES1! ), H4 Potential for Bearish Drop

Type: Bearish Drop Key Levels:Resistance: 4049.00Pivot: 3914.00Support:3757.50 Preferred Case:Looking at the H4 chart, my overall bias for SPX is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market. If this bearish momentum continues, expect price to continue heading towards the support at 3757.50, where the 161.8% Fibonacci line […]