Tag: tickmill
Type : Bullish RiseKey Levels:Resistance : 51792 Pivot: 51152 Support : 50529 Preferred Case: On the H1, price is moving above the ichimoku cloud and has broken out from descending trendline which supports our bullish bias that price will rise to the pivot at 51152 where the swing high resistance, 78.6% fibonacci projection and 61.8% […]
Type: Bearish ReversalKey Levels:Resistance: 782.99Pivot: 758.12Support: 714.03Preferred Case:On the H4, with price moving below the ichimoku cloud, we have a bearish bias that price will continue to drop from the pivot at 758.12 in line with the pullback resistance and 50% fibonacci retracement to the 1st support at 714.03 in line with the 100% fibonacci […]
Risk assets traded in the red on Wednesday, with the dollar rebounding from its recent short-term downtrend as debates about impending recession successfully enters the mainstream. Several large investment banks have already estimated the chances of a recession starting from the 4th quarter of 2022 at more than 50%, which, against the backdrop of the […]
Type: Bearish ReversalKey Levels:Resistance: 0.70428 Pivot: 0.70428 Support: 0.68501Preferred Case:On the H4, with price moving below the icihimoku cloud and in a descending trendline, we have a bearish bias that price will continue to drop from the pivot at 0.70428 in line with the 61.8% fibonacci projection to the 1st support at 0.68501 at the […]
Type: Bearish ReversalKey Levels:Resistance: 1878.8 Pivot: 1861.7 Support:1805.9Preferred Case:On the H4, with prices moving below the ichimoku indicator, we have a bearish bias that prices will drop from our pivot at 1861.7 where the horizontal swing high resistance and 100% fibonacci projection are to our 1st support at 1805.9 in line with swing low support […]
Type: Bullish BounceKey Levels:Resistance: 1.37016 Pivot: 1.36069 Support:1.35508Preferred Case:On the H4, with prices moving above the ichimoku indicator, we have a bullish bias that price will drop and rise from our pivot at 1.36069 where the horizontal pullback support, 61.8% fibonacci projection and 38.2% fibonacci retracement to our 1st resistance at 1.37016 in line with […]
Type : Bearish Momentum Key Levels: Resistance : 61692 Pivot: 60565 Support : 59367 Preferred Case: On the H1, price is moving below the ichimoku cloud which supports our bearish bias that price will drop from our pivot at 60565 in line with the pullback resistance to the 1st support at 59367 in line with […]
Daily Market Outlook, June 22, 2022 Overnight Headlines UK inflation hits new 40 year high of 9.1% in May Asian Equity Markets Slide As Recession Angst Drives Tech Selling Bitcoin Sinks Again As Risk-Off Mood Returns On Recession Fears Biden To Call On Congress Wednesday To Pass A Gas Tax Holiday White House Economist Remains […]
Type Bearish Reversal Key levels:Resistance: 138.784 Pivot: 135.589 Support:131.521 Preference: On the H4, with price approaching and expected to reverse off stochastic indicator, we have a bearish bias that price will drop from our pivot at 135.589 in line with the swing high resistance and 61.8% fibonacci projection to our 1st support at 131.521 in […]
Type:Bullish Bounce Key levels:Resistance:1.24024 Pivot:1.21828 Support:1.20365 Preference: On the H4, with prices breaking above the ichimoku indicator, we have a bullish bias that price will drop and rise from our pivot at 1.21828 where the horizontal overlap support and 50% fibonacci retracement to our 1st resistance at 1.24024 in line with the 61.8% fibonacci projection, […]