Tag: tickmill
E-Mini NASDAQ 100 (NQ1!) H4, Potential Bullish Bounce Type : Bullish bounce Resistance: 128″07″0 Support : 126″24″5 Pivot : 127″04″0 Preferred Case: With price moving above the ichimoku cloud, we are biased that price will rise from our 1st support at 14493 in line with the horizontal overlap support and 50% Fibonacci retracement to 1st […]
10 Year T-bond (ZN1!), H4 | Potential Bullish ReversalIdea: Potential Bullish Reversal Resistance: 128″06″0 Support : 126″23″5 Pivot : 127″02″0Preferred Scenario: Price is trading in a descending channel has recently bounce from key support level. Price can potentially continue its bullish momentum from our pivot of 127″02″0 in line with 78.6% Fibonacci extension and 23.6% […]
Alibaba Earnings In FocusChinese tech behemoth Alibaba is due to report earnings today for the 4th quarter and there is a great deal of focus on how the company’s share price will respond. Alibaba has been trading in a well defined bear channel since the 2020 highs recorded during the height of the pandemic. Since […]
EURAUD Breakout UnderwayThe recent breakout trade in EURAUD issued last week has now hit its target at 1.6163 following a sharp move higher across recent days. EUR has seen a stark shift in sentiment following a hawkish surprise at the February ECB meeting last week which saw ECB governor Lagarde altering her language around rate […]
Daily Market Outlook, February 7, 2022 Overnight Headlines Lawmakers Signal Stopgap Spending Bill Needed As Talks Continue House Passes Chips Bill As Republicans Air Soft-On-China Gripes US Restores Sanctions Waiver To Iran, Nuclear Talks In Final Phase White House Warns Russian Attack On Ukraine Possible ‘Any Day’ ECB’s Knot Sees First Interest Rate Hike In […]
Good day,The price of the USD/RUB broke the downtrend. However, the asset’s price might also pull back and target the 78 level soon.Should the currency pair manage to break the range and pull back to the broken downtrend, the asset might target the supporting level of 73.35.The price of gold is likely to target the […]
Metals On the Rise Despite Solid US Labour DataThe metals complex has started the week on a positive footing with both gold and silver rising across the European open on Monday. Indeed, metals prices find themselves better bid despite the US Dollar starting the week in the green also. On Friday, the January US labour […]
Credit AgricoleAsia overnightIt was a quiet start to the week in Asia with the markets anxiously waiting on US CPI data later in the week. China returned from the Lunar New Year holidays and its equity markets saw a rally. A small majority of Asian bourses were trading higher and S&P500 futures slightly in the […]
Daily Market Outlook, February 4, 2022 Overnight Headlines Fed’s Barkin: Rates Should Move To Pre-Pandemic Levels Fed Nominees Face Intense GOP Assault Over Credentials Biden Approval Rating Plummets To New A Low, Poll Sees US Warn China Firms Against Aiding Russia Amid Sanction Ukraine Briefings Spurs Urgency On Sanctions In Congress BoJ’s Kuroda Vows To […]
Type: Bullish BounceKey Levels:Resistance: 1.15831Pivot: 1.14248Support: 1.13111Preferred Case:With price moving above the ichimoku cloud, we have a bullish bias that price will rise up to our 1st resistance at 1.15831 in line with the 127.2% Fibonacci extension from our pivot at 1.14248 in line with the horizontal overlap support.Alternative Scenario:Alternatively, price may break our pivot […]