Tag: tickmill
Crude Bouncing Crude oil prices are rising today and are on course to post their fourth consecutive session in the green. However, the recovery looks tepid and bullish momentum looks weak against the scale of the declines we’ve seen in recent months. Crude futures are down almost 30% from the YTD highs and look vulnerable […]
The USD corrective uptrend finally ran out of steam on Tuesday, as attempts to break above the 104.20 horizontal resistance level late last week and Monday failed. Buyers folded their hands ahead of the release of the US CPI for November and the FOMC meeting tomorrow: Despite the decline, the price remains in an upward […]
TitleGBPUSD H4 | Bearish reversal? TypeBearish Reversal Preference:The price is rising toward our pivot point of 1.25995, which serves as an overlap resistance level aligning with the 50% Fibonacci. A reversal from this point could lead the price to drop to the 1st support at 1.1.25048 an overlapping support level. Alternative scenario:However, if the price […]
Daily Market Outlook, December 12, 2023 Munnelly’s Market Minute… Asia – Most Asia-Pacific stocks were positive following gains on Wall Street. The Nikkei 225 surged initially but steadily gave up nearly all of its gains as the effects of a firmer currency seeped through. Hang Seng and Shanghai Comp. were initially underpinned by China’s Central […]
Futures Weekly Action Areas #ES #NQ #YM To access the weekly action areas for the trading week ahead in the emini futures markets use the links below Emini SP500 https://youtu.be/45zIT1EZ3nk?si=GixnNYCW5CKxZjJy Emini Nasdaq https://youtu.be/4WrRlxXH5e8?si=CJ5SWGCY6xvesJ3B Emini DowJones https://youtu.be/GAdVTW5w7Js?si=5M0dGy0Zwuh4FHMw Source: Tickmill
Apple stocks closely approached a very strong and important resistance level of 198.35. Once this asset faces resistance, it might drop and head south. Of course, the price of this asset might manage to break this resistance, head north, and hit a psychological level of 200 U.S. dollars per stock. So, let’s observe which scenario […]
There are increasing signs that the hawkish policies of central banks are restraining consumer spending and investments to the extent that inflation in the United States and globally is maintaining a steady downward trajectory. However, the Federal Reserve and the Bank of England are not in a hurry to validate market expectations that 2024 will […]
TitleEURUSD H1 | Falling to support level? TypeBearish Drop Preference:Price is currently at our pivot point of 1.0764, which serves as an overlap resistance level that aligns with the 50% Fibo retracement. A reversal from this point could lead the price to drop to the 1st support at 1.07254, a swing low support level Alternative […]
TitleEURJPY H4 | Bearish reversal? TypeBearish Drop Preference:Price is currently at our pivot point of 156.53 which serves as a pullback resistance level. A reversal from this point could lead the price to drop to the 1st support at 153.93, a swing-low support level. Alternative scenario:However, if the price breaks above the pivot, it might […]
Title:GBPUSD H4 | Bearish continuation expected? TypeBearish Drop Preference:Price is currently at our pivot point of 1,2542, which serves as an overlap resistance level. A reversal from this point could lead the price to drop to the 1st support at 1.2454, an overlap support level. Alternative scenario:However, if the price breaks above the pivot, it […]