Tag: tickmill
Daily Market Outlook, August 11, 2022 Overnight Headlines Dollar Bruised After US Inflation Comes In Below Expectations Nasdaq Rallies More Than 20% From Recent Lows After US Inflation Eases Fed’s Daly: Early To ‘Declare Victory’ On Inflation, But Sees Smaller Sept Hike Fed’s Kashkari: More Rate Hikes Ahead, And Possible Recession Fed’s Evans: Fed To […]
Bitcoin broke the level of 23500. Now, the asset is trying to pull back to the broken trendline. Bitcoin should pull from the level of 23500 and face resistance at the level of 25500 next. Oil has managed to form the bearish trap on the daily timeframe and get back in the usual range below […]
Type: Bearish Drop Key Levels:Resistance: 13802Pivot: 13452Support: 13013 Preferred Case:On the H4, with price breaking the ascending channel and MACD histograms are moving below zero, we have a bearish bias that price may drop from our pivot at 13452 where the 23.6% fibonacci retracement is to the 1st support at 13013 where the overlap support […]
Type: Bullish Rise Key Levels:Resistance: 2564.0Pivot: 2493.6Support: 2460.9 Preferred Case:On the H4, with price moving within an ascending channel and bouncing off the ichimoku support, we have a bullish bias that price will rise from our pivot at 2493.6 where the pullback support is to the 1st resistance at 2564.0 where the swing high resistance […]
US bonds remain under selling pressure ahead of the release of the US inflation report today. This makes it more difficult for yields to rise further in the event of a positive surprise, however, the near end of the curve may be more sensitive to the release, since the Fed, as we know, can only […]
Type: Bullish Rise Key Levels:Resistance: 24315Pivot: 22430Support: 20705 Preferred Case:On the H4, with price moving within a bullish channel and expected to bounce off the stochastic support, we have a bullish bias that price will rise from our pivot at 22430 where the pullback support, 61.8% fibonacci retracement and 78.6% fibonacci projection are to the […]
Type: Bullish Rise Key Levels:Resistance: 1846.5Pivot: 1813.9Support: 1786.9 Preferred Case:On the H4, with price going along the ascending channel above the ichimoku cloud, we have a bullish bias that the price may rise from the pivot at 1813.9, which is in line with the overlap resistance and 78.6% fibonacci retracement to the 1st resistance at […]
Type: Bullish Rise Key Levels:Resistance: 13427.50Pivot: 12951.50Support: 12691.50 Preferred Case:On the H4, with price expected to bounce off the stochastic support, we have a bullish bias that price will rise from our pivot at 12951.50 where the pullback support, 23.6% fibonacci retracement and 78.6% fibonacci projection are to the 1st resistance at 13427.50 where the […]
Daily Market Outlook, August 10, 2022 Overnight Headlines Consensus Expects US Inflation To Have Eased Slightly In July Fed’s Bullard Wants Rates At 4% By December US Dollar Trades Solidly In Calm Before US CPI Storm Biden Signs CHIPS Act Into Law As Tech Arms Race With China Heats Up Biden Signs Off On NATO […]
Type: Bullish Bounce Key Levels:Resistance: 24662.92Pivot: 22483.15Support: 20696.63 Preferred Case:On the H4, with price moving within a bullish channel and RSI moving along an ascending trendline, we have a bullish bias that price will rise from our pivot at 22483.15 where the pullback support, 61.8% fibonacci retracement and 78.6% fibonacci projection are to the 1st […]