Tag: tickmill
Type: Bullish Rise Key Levels:Resistance: 0.0079195Pivot: 0.00765251st Support : 0.00749052nd Support: 0.0074080 Preferred Case:On the H4, with prices moving above the ichimoku indicator, we have a bullish bias that price will rise to the pivot at 0.0076525 where the swing high resistance and 61.8% fibonacci retracement are. Once there is upside confirmation of price breaking […]
Type: Bullish Rise Key Levels:Resistance: 33463 Pivot: 32585Support: 31840 Preferred Case:On the H4, with price moving above the ichimoku cloud and in an ascending trendline on RSI, we have a bullish bias that price will continue to rise from the pivot at 32585 at the pullback support in line with the 78.6% fibonacci retracement to […]
Type: Bullish Rise Key Levels:Resistance: 1.07335Pivot: 1.05890Support: 1.04820 Preferred Case:On the H4, with prices moving within an ascending channel and above the ichimoku indicator, we have a bullish bias that price will rise to the pivot at 1.05890 where the swing high resistance and 78.6% fibonacci projection are. Once there is upside confirmation of price […]
Demand for risk increased markedly, greenback declined and US bond yields took out recent lows (2.8% for 10-year bonds, 2.9% for 2-year bonds), finding an equilibrium at the lowest levels since April, as the US economy unexpectedly for many, including doomsayers, showed a negative growth rate in the second quarter. Nominal output fell by 0.9% […]
Type: Bullish Momentum Key Levels:Resistance: 1.04235Pivot: 1.01325Support: 1.00015 Preferred Case:On the H4, with price bouncing off the ichimoku cloud and RSI showing an ascending trendline, we have a bullish bias that price will continue to rise from the pivot at 1.01325 at the overlap resistance in line with the 61.8% fibonacci retracement . If price […]
Type: Bearish Momentum Key Levels:Resistance: 136.42Pivot: 135.00Support: 133.53 Preferred Case:On the H4, since price has broken out of an ascending trendline and is moving below the ichimoku indicator, we have a bearish bias that price will drop from the pivot at 135.00 where the pullback resistance is to 1st support at 133.53 in line with […]
Type: Bullish Rise Key Levels:Resistance: 0.63185Pivot: 0.62470Support: 0.61850 Preferred Case:On the H4, with prices moving within an ascending channel, RSI moving in an ascending trendline and above the ichimoku indicator, we have a bullish bias that price will rise from the pivot at 0.62490 where the overlap support is to the 1st resistance at 0.63825 […]
Type: Bearish Momentum Key Levels:Resistance: 1.04235Pivot: 1.01325 Support: 1.00015 Preferred Case:On the H4, with price bouncing off the ichimoku cloud and RSI showing an ascending trendline, we have a bullish bias that price will continue to rise from the pivot at 1.01325 at the overlap resistance in line with the 61.8% fibonacci retracement. If price […]
Type: Bullish Momentum Key Levels:Resistance: 0.007487Pivot: 0.007400Support: 0.007309 Preferred Case:On the H4, with price moving above the ichimoku cloud and in an ascending trend channel and RSI showing an ascending trendline, we have a bullish bias that price will continue to rise from the pivot at 0.007400 in line with the pullback resistance to the […]
US equities rose, and the near end of the yield curve fell following the Fed meeting (2-year Notes 3.1% -> 2.99%), as the Fed rhetoric began to shift from high inflation to a potential economic slowdown due to policy tightening. Recall that in May and June, the comments of the Fed officials, including chair Powell, […]