Tag: tickmill

Metals Market Corrects As Risk Sentiment ImprovesThe metals market has started the week on softer footing as risk sentiment rebounds amidst very cautious optimism over a potential truce between Ukraine and Russia. Following further peace talks, both sides have indicated hopes for a resolution over the coming week. While it is not yet known if […]

Нефтедобывающие компании США не могут быстро заполнить дефицит на рынке восстановив производство до уровня, предшествовавшего пандемии, заявил глава компании Occidental Petroleum Вики Холлуб.Для американских компаний складывается непростая ситуация, так как рынок «кричит» о том, что добычу нужно наращивать, но из-за разрушенных цепочек поставок пандемии быстро восстановиться не получается.Рост добычи возможен пока только в Пермском бассейне. […]

Credit AgricoleAsia overnightEven though oil prices remain in retreat, rising US inflation and the news-flow on the Ukraine crisis kept risk on the back foot. News that several Chinese companies will be forced by the US government to de-list from US bourses added to the negative sentiment of stocks in Mainland China and Hong Kong. […]

Daily Market Outlook, March 11, 2022 Overnight Headlines Goldman Sachs Cuts US Growth As Commodity Prices Bite Biden Set To Call For End Of Russia Preferred Trade Status Yellen Sees Painfully High 2022 Inflation But No Recession US Senate Pass $1.5 Trillion Funding Bill With Ukraine Aid China Covid Figures Top 1,000 For First Time […]

The ECB held a monetary policy meeting on Thursday and sort of announced a reduction in stimulus. However, given recent geopolitical events, markets were clearly hoping for more. EURUSD rallied towards 1.11 in the run up to the meeting on the back of expectations that buying frenzy in commodity markets and inflation pressures related to […]

Oil PlungesAnother week comes to a close in financial markets and it’s been another week of hoping the violence in Ukraine comes to an end. While, sadly, that doesn’t seem to be the case for now, we have at least had plenty of interesting market moves to be focusing on. Chatting with traders this week, […]

Credit AgricoleAsia overnightIt was a positive day for sentiment in Asia as oil and other commodity prices softened on the back of the UAE saying it is in favour of OPEC-plus increasing its production faster, the IEA saying it would release supplies from its reserves and there appearing to be some small progress in negotiations […]

Type: Bearish DipKey Levels:Resistance: 13979Pivot: 13791.25Support: 13110.5Preferred Case:On the H4 chart, price is near pivot level of 13791.25 in line with 50% Fibonacci retracement. Price can potentially dip to the take profit level of 13110.5 in line with 61.8% Fibonacci projection. Our bearish bias is supported by the Ichimoku cloud indicator as price is trading […]

Type: Bullish ContinuationKey Levels:Resistance: 159’26Pivot: 155’19Support: 154’11Preferred Case:Price is near pivot level of 155’19 in line with 50% Fibonacci retracement and can potentially go to the graphical swing high level of 159’26 in line with 100% Fibonacci projection. Our bullish bias is supported by the Ichimoku cloud indicator.Alternative Scenario: Price dip to the support level […]

Type: Bullish ContinuationKey Levels:Resistance: 779’0Pivot: 718’6Support: 705’2Preferred Case:Price near pivot level of 718’6 in line with 50% Fibonacci retracement and 100% Fibonacci projection. Price can potentially go to the resistance level of 779’0 in line with the graphical swing high level. Our bullish bias is supported by the Ichimoku cloud indicator as price is trading […]