Tag: tickmill
Type: Bearish ReversalKey Levels:Resistance: 0.91349Pivot: 0.91066Support: 0.90379Preferred Case:Prices are on bearish momentum. We see the potential for a pullback from our Pivot at 0.91066 which is an area of Fibonacci confluences towards our 1st support at 0.90379 in line with 78.6% Fibonacci retracement. Our bearish bias is further supported by prices trading below our Ichimoku […]
Daily Market Outlook, January 13, 2022 Overnight Headlines Fed See Economic Optimism Showing Cooling Signs In Places Fed Bullard: Four 2022 Interest Rate Hikes Now Found Likely Fed Brainard: Inflation Control Is Fed’s ‘Most Important Task’ Fed Daly Joins Camp That See Rate Lift-Off As Early As March Democrats Fast-Track Voting Rights Bill, Speeding Showdown […]
Type: Bearish ReversalKey Levels:Resistance: 45514.76Pivot: 43995.2Support: 40641.22Preferred Case:Price is abiding to the descending trendline resistance, signifying an overall bearish momentum. We can expect price to drop from pivot level in line with 38.2% Fibonacci retracement towards the 1st Support in line with 78.6% Fibonacci retracement and 61.8% Fibonacci projection. Our bearish bias is further supported […]
Good day,USD/RUB has dropped and approached the uptrend. However, the asset is likely to drop even further, all the way till the supporting level of 73.35 or potentially rise till the level of 78.00, as well. So, it is worth observing what is going to happen next.The Euro broke the resistance at the level of […]
Credit AgricoleAsia overnightInvestors appear stunned at the moment. US inflation came out in line with market expectations and led to little further moves in market pricing for the Fed and UST yields. Indeed, even further hawkish speak from FOMC members did not really move rates markets. The USD did move, however, as investors exited long […]
Oil Traders Rebuild LongsThe latest CFTC COT institutional report shows that oil traders increased their net long positions last week by almost 20,000 contracts. This latest increase reflects the better sentiment taking hold in oil markets over the start of 2022 as prices continue to rebound off the December 2021 lows. Prices are now up […]
Real Time Actionable AnalysisMarkets are on the move, join me today for ‘Real Time Actionable Analysis’ on over 20 charts, we are going to review current positions & some high probability setups – @ 1pm GMT today.Register here for today’s session bit.ly/32YUTrI#PlantheTradeTradethePlan #ManageYourRISK #ProcessOverOutcome #PlayingtheProbabilities #forex #futurestrading #StockTrading #tickmill_official #PalmTreeTrader Source: Tickmill
Keep An Eye On ETHThe breakdown in the US Dollar this week is allowing for a broad move higher in risk assets. Among those instruments seeing the most benefit is ETH which has rallied almost 20% off the lows. The brief dip below the falling wedge pattern suggests a false breakout, with potential now for […]
EURUSD Breaking Out?So, on the back of yesterday’s CPI release in the US it seems it was the bearish USD scenario which played out, triggering the EURUSD breakout idea. Price is now on course to test the initial target at 1.1527, currently grappling with the bear channel top. Given that this is initially a short-term […]
Type: Bullish BounceKey Levels:Resistance: 0.9301Pivot: 0.92306Support: 0.92054Preferred 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 100% Fibonacci projection and 50% Fibonacci retracement towards 1st Resistance in line with 127.2% Fibonacci projection. Our bullish bias is further supported by […]
