Tag: tickmill
TitleEURGBP H4 | Bullish bounce TypeBullish Bounce Preference:The price could bounce off the pivot point at 0.85543, the multi-swing-low support and it might continue to rise to 1st resistance at 0.86172, the overlap resistance level which aligns with the 32.2% Fibonacci retracement. Alternative scenario:It might reverse and the 1st support at 0.85294, the swing-low support. […]
EUR Traders Brace For ECB The Euro is looking a little soft as we kick off ECB week. The bank is widely expected to offer further pushback against those calling for near-term ECB rate-cuts. Towards the end of last year, the market moved to fully price in an ECB rate cut for April in line […]
Futures Action Areas For The Week Ahead #ES #NQ #YM To access the weekly review of the price action in the emini futures markets and today’s real-time actionable analysis with action areas defined for the trading week ahead click here, please like & share! Source: Tickmill
TitleEURUSD H1 | Falling to support level? TypeBearish Drop Preference:Price is currently at the pivot point of 1.0994, an overlap resistance, A reverse from this point could cause the price to fall to 1st support at 1.0875. a multi-swing low support level. Alternative scenario:If price breaks above the pivot, it might rise to 1st resistance […]
BOJ in Focus for JPY The big focus across early European trading on Monday is the upcoming BOJ meeting due to take place overnight tonight. While the BOJ is not expected to make any changes to its current ultra-loose rates regime, action in the options market shows that there are plenty of defensive plays being […]
TitlePotential Bullish Bounce TypeBullish Bounce Preference:Price is falling towards the pivot point of 1.34625 which is a pullback support that aligns with the 23.6% Fibonacci retracement level and could potentially reverse from here; we could see momentum carry price up to its 1st resistance at 1.35523 which is a pullback resistance level. Alternative scenario:If price […]
TitlePotential Bullish Breakout TypeBullish Breakout Preference:Price is rising towards the pivot point of 37,506.96 which is a potential breakout level and could potentially move higher from here; we could see momentum carry price up to its 1st resistance at 37,865.21 which is a pullback resistance level. Alternative scenario:If price reverses from the pivot point, it […]
The US Dollar is undergoing a phase of consolidation on Friday, characterized by lower highs and higher lows, following a surge in volatility earlier this week. Traders find themselves in a state of uncertainty as they approach the impending first US Federal Reserve meeting scheduled for the end of January. While it has become evident […]
Futures Weekly Wrap-Up #ES #NQ #YM To access the weekly review of the price action in the emini futures markets and today’s real-time actionable analysis for the Friday trading session click here, please like & share! Source: Tickmill
Post-SEC Sell-Off Continues The reversal lower in Bitcoin continues on Friday with the futures market now down almost 18% from YTD Highs. While many have simply written off the post-SEC reversal as mere profit taking and a ‘buy the rumour, sell the news’ mentality taking hold, there are some other dynamics at play here. Bitcoin […]