Tag: tickmill
Type: Bearish DipKey Levels:Resistance: 229.45Pivot: 227.30Support: 220.80Preferred Case:We see the potential for further bearish continuation from our Pivot at 227.30 in line 78.6% Fibonacci projection towards our 1st support at 220.80 in line with 50% Fibonacci retracement. Our bearish bias is further supported by stochastic indicator where it is at resistance level.Alternative scenario:Price might move […]
Type: Bearish DropKey Levels:Resistance: 1652’0Pivot: 1623’6Support: 1580’0Preferred Case:With price moving below the Ichimoku cloud, we see the potential for bearish drop from our Pivot level at 1623’6 in line 23.6% Fibonacci retracement towards our 1st support level at 1580’0 in line with the daily horizontal swing low support and 161.8% Fibonacci extension.Alternative Scenario: If price […]
Type: Bullish BounceKey Levels:Resistance: 1965.9Pivot: 1933.7Support: 1921.3Preferred Case:Prices are approaching a pivot. We see the potential for a bounce from our Pivot at 1933.7 in line with 61.8% Fibonacci Retracement towards our 1st resistance at 1965.9 in line with 127.2% Fibonacci Projection . Our bullish bias is further supported prices trading above our Ichimoku clouds […]
Type: Bullish BounceKey Levels:Resistance: 108.74 Pivot: 100.05 Support: 94.45Preferred Case:Prices are consolidating in a triangular pattern. We see the potential for a bounce from our pivot at 100.05 which is a graphical overlap and in line with an area of Fibonacci confluences towards our 1st resistance at 108.74 in line with 50% Fibonacci retracement .Alternative […]
Type: Bullish BounceKey Levels:Resistance: 25.8Pivot: 24.705Support: 24.110Preferred Case:Prices are approaching a pivot. We see the potential for a bounce from our Pivot at 24.705 in line with 100% Fibonacci Projection towards our 1st resistance at 25.8 in line with 78.6% Fibonacci Projection . Our bullish bias is further supported prices trading above our Ichimoku clouds […]
Type: Bullish BounceKey Levels:Resistance: 2346.0Pivot: 2192.0Support: 2124.5Preferred Case: Price is near pivot level of 2192.0 in line with 50% Fibonacci retracement and 61.8% Fibonacci projection. Price can potentially rise up to the 1st resistance level at 2346.0, in line with 61.8% Fibonacci retracement and 127.2% Fibonacci extension. Our bullish bias is further supported by the […]
Type: Bullish BounceKey Levels:Resistance: 19.88Pivot: 19.59Support: 18.84Preferred Case: We see the potential for further bearish continuation from our Pivot at 19.59 in line 78.6% Fibonacci projection towards our 1st support at 18.84 in line with 61.8% Fibonacci retracement and 100% Fibonacci Projection . Our bearish bias is further supported by stochastic indicator where it is […]
Type: Bullish PressureKey Levels:Resistance: 4.8270Pivot: 4.7060Support: 4.6830Preferred Case:Price is near pivot level of 4.7060 in line with 61.8% Fibonacci retracement. Price can potentially rise up to the 1st resistance level at 4.8120, in line with 138.2% Fibonacci extension and 61.8% Fibonacci projection. Our bullish bias is further supported by the stochastic indicator where it is […]
European equities are under moderate pressure amid signals that the optimism about imminent end of hostilities in Ukraine was premature. There are reports that Russia concentrates main forces for the liberation of Donbass, in turn, the West regards this as a maneuver or a regrouping of troops. The dollar has rebounded from the bottom of […]
Type: Bullish BounceKey Levels:Resistance: 0.6997Pivot: 0.693Support: 0.6878Preferred Case:Price is near to the pivot level of 0.693 in line with 61.8% Fibonacci retracement and 61.8% Fibonacci projection. It can potentially rise towards the 1st resistance level of 0.6997 in line with 100% Fibonacci projection and -27.2% Fibonacci expansion. Our bullish bias is supported by price trading […]