Tag: tickmill
Type: Bullish RiseKey Levels:Resistance: 814’4Pivot: 787’4Support: 774’0Preferred Case:On the H4, with price moving in an ascending trend channel and above the ichimoku cloud, we have a bullish bias that price will continue to rise from the pivot at 787’4 in line with the pullback support and 61.8% fibonacci retracement to the 1st resistance at 814’4 […]
Type: Bullish RiseKey Levels:Resistance: 1916.681Pivot: 1842.696Support: 1808.346Preferred Case:On the H4, with price moving above the ichimoku cloud, we have a bullish bias that price will rise from our pivot at 1842.696 in line with the 100% fibonacci projection to 1st resistance at 1916.681 in line with the 61.8% fibonacci retracement and swing high resistance.Alternative Scenario:Alternatively, […]
SNB SurpriseThe Swiss Franc has exploded higher today following a shock rate hike from the SNB. The market was widely expecting the SNB to leave rates at -0.75%, the lowest in the world. However, the bank joined the growing tide of central banks tightening their monetary policy by announcing a .5% hike at its June […]
Type: Bearish MomentumKey Levels:Resistance: 768.05Pivot: 760.90Support: 738.5Preferred Case:On the H4, with price moving below the ichimoku cloud , we have a bearish bias that price will drop from the pivot at 760.90 in line with the overlap resistance and 61.8% fibonacci projection to the 1st support at 738.5 in line with the horizontal swing low.Alternative […]
Type: Bearish MomentumKey Levels:Resistance: 51158Pivot: 50742Support: 50157Preferred Case:On the H1, price is moving below the ichimoku cloud which supports our bearish bias that price will drop from our pivot at 50742 in line with the swing high resistance and 38.2% fibonacci retracement to the 1st support at 50157 in line with the swing low support.Alternative […]
Type: Bearish MomentumKey Levels:Resistance: 16.715Pivot: 16.570Support: 16.105Preferred Case:On the H1, with price moving below the ichimoku indicator and within the descending channel , we have a bearish bias that price will rise to and drop from our pivot at 16.570 in line with the swing high resistance to the 1st support at 16.105 in line […]
The Fed raised key interest rate by 75 basis points and signaled that a similar move could be expected in July. The announced pace of tightening means that the federal funds rate is likely to be above 3% by the end of the year, therefore the dollar will likely offer one of the best real […]
Type: Bullish RiseKey Levels:Resistance: 0.0075575Pivot: 0.0074695Support: 0.0074205Preferred Case:On the H4, with price moving above the ichimoku cloud , we have a bullish bias that price will rise from our pivot at 0.0074695 in line with the overlap support and 61.8% fibonacci retracement to 1st resistance at 0.0075575 in line with the 127.2% fibonacci extension and […]
Type: Bearish ReversalKey Levels:Resistance:1876.8 Pivot:1838Support: 1803.9Preferred Case:On the H4, with prices moving below the ichimoku indicator and within descending channel, we have a bearish bias that prices will drop from our pivot at 1838 where the horizontal pullback resistance and 50% fibonacci retracement are to our 1st support at 1803.9 in line with swing low […]
Type: Bullish BounceKey Levels:Resistance: 782.67Pivot: 759.74Support: 751.12Preferred Case:On the H4, with price moving above the ichimoku cloud and within the ascending trend channel, we have a bullish bias that price will rise from our pivot at 759.74 in line with the 78.6% fibonacci projection and overlap support to to 1st resistance at 782.67 in line […]