Tag: tickmill
Type: Bearish Drop Key Levels:Resistance: 4202.00Pivot: 4077.00Support: 3952.00 Preferred Case:On the H4, with price breaking out of the ascending channel and moving below the ichimoku indicator, we have a bearish bias that price will drop to pivot at 4077.00 where the pullback support, 127.2% fibonacci extension and 38.2% fibonacci retracement are. Once there is downside […]
Type: Bearish Drop Key Levels:Resistance: 33432Pivot: 32605Support: 31852 Preferred Case:On the H4, with price breaking out of the ascending trendline and moving below the ichimoku indicator, we have a bearish bias that price will drop to pivot at 32605 where the pullback support and 38.2% fibonacci retracement are. Once there is downside confirmation of price […]
Daily Market Outlook, August 23, 2022 Overnight Headlines Hedge Funds Pile Into A Record Hawkish Rate Bet Pre-Jackson Hole ING: Euro Woes Set To Worsen On Asia Fx Intervention Sales USD Steady, Euro At Two-Decade Low On Energy, Growth Woes Pound Dives And Inflation Bets Hit A Record On UK Energy Crisis Japan’s Aug Factory […]
GBPAUD Trend Trading Price action in GBPAUD is looking interesting here. Following the lengthy block of consolidation we saw over recent month, the pair attempted to breakdown below the 1.7218 level last week, but was rebuffed on the initial attempt. However, price is now turning lower once again and, with both MACD and RSI turning […]
Type: Bullish Rise Key Levels:Resistance: 138.35Pivot: 137.05Support: 135.30 Preferred Case:On the H4, with the price moving within the ascending channel and above ichimpku cloud, we have a bullish bias that the price may rise from the pivot at 136.89, which is in line with the overlap resistance to the 1st resistance at 138.29, where the […]
Type: Bullish Bounce Key Levels:Resistance: 34291.52Pivot: 33468.34Support: 32575.27 Preferred Case:On the H4, with price moving above the ichimoku indicator, we have a bullish bias that price will rise from pivot at 33468.34 where the 23.6% fibonacci retracement, 61.8% fibonacci projection and pullback support to 1st resistance at 34291.52 where the swing high resistance is. Alternative […]
Type: Bullish Rise Key Levels:Resistance: 14239Intermediate Resistance: 13980Pivot: 13661Support: 13350 Preferred Case:On the H4, with price expected to bounce off the stochastic support, we have a bullish bias that price will rise to the pivot at 13661 where the pullback resistance is. Once there is upside confirmation that price has broken pivot structure, we would […]
Type: Bullish Rise Key Levels:Resistance: 34247Pivot: 33439Support: 32608 Preferred Case:On the H4, with price moving above the ichimoku indicator and along the ascending trendline , we have a bullish bias that price will rise from pivot at 33439 where the 23.6% fibonacci retracement , 61.8% fibonacci projection and pullback support are to 1st resistance at […]
Type: Bearish Drop Key Levels:Resistance: 1784.25Pivot: 1743.25Support: 1717.75 Preferred Case:On the H4, with the price moving within the descending channel and below ichimpku cloud, we have a bearish bias that the price may drop from the pivot at 1743.25, which is in line with the swing lows to the 1st support at 1717.75, where the […]
Type: Bearish Drop Key Levels:Resistance: 13739.50Pivot: 12956.00Support: 12271.25 Preferred Case:On the H4, with the price moving below the ichimoku cloud and breaking the ascending channel , we have a bearish bias that the price may drop to the pivot at 12956.00 where the overlap support, 100% fibonacci projection and 38.2% fibonacci retracement are. Once there […]