Tag: tickmill
Daily Market Outlook, February 15, 2022 Overnight Headlines Japan’s Economy Rebounds During Lull Before Omicron Wave Analysts Say PBoC May Cut RRR, Interest Rates This Year – CSJ China Banks Boost Lending To Property Sector In January – CSJ Australia’s Central Bank Has Goals In Sight, Just Waiting On Wages CBA Brings Forward First RBA […]
Type: Bullish BounceKey Levels:Resistance: 45638.02Pivot: 41318.43Support: 39787.44Preferred Case:Price broke out of the descending trendline resistance, signifying an overall bullish momentum. We can expect price to bounce from pivot level in line with 38.2% Fibonacci retracement towards 1st Resistance in line with 78.6% Fibonacci projection. Our bullish bias is further supported by the Ichimoku cloud indicator […]
Type: Bearish ContinuationKey Levels:Resistance: 15254Pivot:Support:Preferred Case:With price moving below the Ichimoku cloud, we are biased that price retest at our pivot of 14478 in line with the 38.2% Fibonacci retracement and horizontal overlap resistance and dip to our 1st support at 13843 in line with the horizontal swing low support and 61.8% Fibonacci projection level.Alternative […]
Type: Bearish ContinuationKey Levels:Resistance: 154’04Pivot: 153’15Support: 151’04Preferred Case:With price moving below the Ichimoku cloud, we are biased that price retest at our pivot of 153’15 in line with the 50% Fibonacci retracement and horizontal overlap resistance and dip to our 1st support at 151’04 in line with the horizontal swing low support and 78.6% Fibonacci […]
Type: Bearish ReversalKey Levels:Resistance: 1889.8Pivot: 1880.5Support: 1853.4Preferred Case:Prices are at a recent high and also a strong graphical resistance. We see the potential bearish reversal from our Pivot at 1876.7 in line with 100% Fibonacci extension towards our area of 1st support at 1853.4 in line with 127.2% Fibonacci Projection and 23.6% Fibonacci retracement. Our […]
CitiEuropean OpenA relatively quiet morning in Asia that saw DXY slightly lower after continuing its grind higher post the European close. UST yields were down in Asian trading by a tad as well, following yesterday’s spike in yields following Bullard’s comments yesterday. G10 currencies were stronger against the dollar generally, while equity markets remained volatile. […]
Risk assets are climbing today on tentative optimism over Russia/Ukraine tensions. Reports that Ukraine is seeking emergency talks with Russia, alongside claims that Russia is still open to a diplomatic resolution, have raised hopes that a military conflict can be avoided. These hopes have been further strengthened by Russian headlines citing the return of some […]
Equities On The Up Over Russia-Ukraine HopesIt’s been a better start to the week for benchmark global equities indices with risk sentiment rebounding amidst hopes for diplomacy between Russia and Ukraine. Markets have been rattled recently by news of the ongoing build up of Russian forces on the border with Ukraine, along with a dizzying […]
Type: Bearish DownsideKey Levels:Resistance: 1862.5 Pivot: 1854.2 Support: 1831.4Preferred Case:Prices are on bearish momentum and abiding to our daily descending trendline. We see the potential for bearish downside from our Pivot at 1854.2 in line with 161.8% Fibonacci projection towards our 1st support at 1831.4 in line with 38.2% Fibonacci retracement and 161.8% Fibonacci projection. […]
Daily Market Outlook, February 14, 2022 Overnight Headlines ECB Overreaction On Prices Could Stymie Growth, Rehn Warns Irish Central Bank Chief Damps Down ‘Unrealistic’ June Rate Rise Talk Italy’s Debt Load Decreased More Than Expected, Visco Says Ukraine Tension Reins In Euro, Lifts Dollar And Safe-Havens Hedge Funds Supercharge Aussie Shorts As RBA Splits With […]