Tag: tickmill
Type: Bearish ReversalKey Levels:Resistance: 14929Pivot: 14608Support: 13837Preferred Case:On the H4, with price moving into a bearish pressure area, we have a bearish bias that price will drop from the pivot at 14608 in line with the multiple swing highs to the 1st support at 13837 in line with the 78.6% fibonacci projection, 78.6% fibonacci retracement […]
Type: Bearish ReversalKey Levels:Resistance: 0.65658Pivot: 0.64704Support: 0.62937Preferred Case:On the H4, with price moving below the ichimoku cloud, we have a bearish bias that price will drop from the pivot at 0.64704 in line with the 100% fibonacci projection and overlap resistance to the 1st support at 0.62937 in line with the 78.6% fibonacci retracement.Alternative Scenario:Alternatively, […]
World Bank Cites Ukraine, Inflation & Supply Issues As Recession RisksIn its latest Global Economic Prospects report issued today, the World Bank warned that many countries are at severe risk of a “major recession” in the wake of the violence in Ukraine, inflation and supply-issues. In particular, the World Bank noted that less developed nations […]
Type: Bullish RiseKey Levels:Resistance: 9753Pivot: 9312Support: 9129Preferred Case:On the H1, price is moving above the ichimoku cloud which supports our bullish bias that price will rise from the pivot at 9312 where the overlap support is to the 1st resistance at 9753 in line with the pullback resistance, 161.8% fibonacci extension and 100% fibonacci projectionAlternative […]
Type: Bearish MomentumKey Levels:Resistance: 16.985Pivot: 16.760Support: 16.360Preferred Case:On the H1, price is moving below the ichimoku cloud and has a bearish exit from the ascending channel which supports our bearish bias that when price drops to our pivot at 16.760 in line with swing low resistance, 61.8% fibonacci projection and 78.6% fibonacci projection , there […]
Type: Bearish MomentumKey Levels:Resistance: 333.95Pivot: 329.95Support: 317.75Preferred Case:On the H1, price is moving below the ichimoku cloud and has broken out from the ascending trendline which supports our bearish bias that price will drop from our pivot at 329.95 in line with the overlap resistance and 38.2% fibonacci retracement to the 1st support at 317.75 […]
Type: Bullish RiseKey Levels:Resistance: 103.225Pivot: 102.592Support: 101.856Preferred Case:On the H4, with price moving above the ichimoku cloud , we have a bullish bias that price will rise from our pivot at 102.592 at the swing high to the 1st resistance at 103.225 in line with the 50% fibonacci retracement and 100% fibonacci projection.Alternative Scenario:Price may […]
Equities Mostly Higher This Week Ahead of Key Data EventsWe’ve seen a mixed start for global equities benchmarks on Tuesday. US stocks are under pressure amidst a better showing in USD while, elsewhere, European and Asian markets are trading with a better tone. The NIKKEI is having another solid week following a strong rally on […]
Type: Bullish RiseKey Levels:Resistance: 821.05Pivot: 790.95Support: 772.10Preferred 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 790.95 in line with the 23.6% fibonacci retracement and 61.8% fibonacci projection to the 1st resistance at 821.05 in […]
Type: Bullish RiseKey Levels:Resistance: 28350Pivot: 27810Support: 27550Preferred Case:On the H4, with price moving above the ichimoku cloud , we have a bullish bias that price will rise from our pivot at 27810 at the overlap support to the 1st resistance at 28350 in line with the 127.2% fibonacci expansion and swing high.Alternative Scenario:Price may also […]