Tag: tickmill
TitleGBP/USD H4 I Bounce off overlap support? TypeBullish Bounce Preference: If price breaks below the support we wait at our pivot point of 1.2438, which serves as a pullback resistance level. A reverse from this point could lead the price to drop to the 1st support at 1.2300, a pullback support level. Alternative scenario:However, if […]
TitleDE30EUR H4 | Potential Bullish continuation? TypeBullish Bounce Preference: Price could bounce off our pivot point at 15974.94, which is an overlap support level. If price bounces off the pivot point, then price could rise towards the 1st resistance at 16143.2, which is a swing high resistance level, to grab liquidity. Alternative scenario: If price […]
TitleSPX500USD H4 | Bullish bounce off pivot? TypeBullish Bounce Preference:Price is consolidating now, and could potentially bounce off our pivot point at 4553.6, which is an overlap support level. If price bounces off our pivot point, price could rise towards the 1st resistance at 4604.5, which is a multi-swing high resistance level, slightly above the […]
Key Test For USDJPY USDJPY is at an interesting juncture here. Following the correction from highs and the break below the 148.98 level lows, price is now retesting that level from beneath. If bulls can get back above here, this might well signal the end of the correction and the potential resumption of the broader […]
The U. of Michigan data released on Wednesday showed that inflation expectations in the US remained sticky in November, blurring the benign outlook that has been adopted by the market after the dovish November CPI report. US household inflation expectations accelerated to 4.5% in November, beating the estimate of 4.4% advancing by 0.3% compared to […]
TitleUSDCAD H4 | Bearish reaction off pivot? TypeBearish Reversal Preference:Price is approaching a 127.2% fibo extension now, and could react off our pivot point at 1.3664, which is a pullback resistance level. If price reacts bearishly, then we can expect price to fall to the 1st support at 1.3630, which is a swing low support […]
TitleEURUSD H4 | Bearish reversal off 78.6% fibo? TypeBearish Reversal Preference: Price is rising towards our pivot point at 1.0957, which is a swing high resistance level, aligning with the 78.6% fibo projection. If price reacts bearishly, then we can expect price to fall to the 1st support at 1.0882, which is an overlap support […]
TitleGBP/USD H4 I Bearish continuation expected? TypeBearish Drop Preference: The price is falling toward our pivot point of 1.2511, which serves as a pullback resistance level. A reverse from this point could lead the price to fall to the 1st support at 1.2454, a swing low support. Alternative scenario: However, if the price breaks above […]
Gold rebounded from the resistance at the psychological level of 2000. The asset’s price should potentially drop to the level of 1900, next to the broken downtrend. So, let’s observe if it is going to happen. The price of the British pound broke the downtrend and jumped. The asset’s price has closely approached the resistance […]
TitleAUDUSD H4 | Bearish reversal off 61.8% fibo? TypeBearish Reversal Preference:Price could rise to our pivot point at 0.6610, which is a swing high resistance level, aligning with the 61.8% fibo projection. Once prices takes out liquidity at this level, we can expect price to fall to the 1st support at 0.6570, which is a […]