Tag: tickmill

TitleGBPUSD H4 | Reacting off swing high? TypeBearish Reversal Preference:The price is rising toward our pivot point of 1.2224, which serves as a swing-high resistance level aligning with the 127.2% Fibonacci extension. A reversal from this point could lead to a price drop to the 1st support at 1.2174, an overlapping support level. Alternative scenario:However, […]

Daily Trade Setups #NVDA #TSLA #AAPL To access today’s real-time actionable analysis CLICK HERE! Source: Tickmill

TitleUSDCHF H4 | Bouncing off 61.8%? TypeBullish Bounce Preference:The price is falling toward our pivot point of 0.89824, which serves as a pullback support level that aligns with the 61.8% Fibo retracement. A bounce from this point could lead the price to rise to the 1st resistance at 0.90948 Alternative scenario:However, if the price breaks […]

TitleUS30USD H4 | Bearish reaction off 61.8% fibo? TypeBearish Reversal Preference: Price could rise to our pivot point at 33535.9, which is a pullback resistance level, slightly above the 61.8% fibo retracement. If price manages to reach our pivot point and reacts bearishly, then we can expect price to fall to the 1st support at […]

Apple Earnings Due Away from the central bank action we’re seeing this week, US earnings season is still rolling on and attention today will be on tech giant Apple. The group is due to report Q3 earnings at the close and traders will be keen to see whether the firm can break the recent trend […]

Eurozone Inflation Falls Again The Euro has come under fresh selling pressure today on the back of yesterday’s data. Headline eurozone CPI was seen dropping to 2.9% last month, down from 4.3% prior and below the 3.1% the market was looking for.  Core CPI was a little stickier at 4.2%, but still down on the […]

US Data & Fed On Watch Looking ahead today we have plenty to watch in terms of USD action. The October ADP employment number, JOLTS job openings and October ISM all come ahead of the November FOMC meeting due this evening.  US economic resilience has been one of the core market themes recently, helping feed […]

TitleCADJPY H1 | Bullish bounce of 23.6% Fibo TypeBullish Bounce Preference:Price is falling towards the pivot point of 108.885 which is a pullback support that aligns with the 23.6% Fibonacci retracement level and could potentially reverse from here; we could see momentum carry price up to its 1st resistance at 109.33 which is a swing-high […]

Crude Drops on Shifting Middle East Focus Crude oil prices have fallen back below the key 82.59 level this week. The move lower appears to be in line with the prevailing market view that the Israel-Hamas conflict is remaining largely contained for now. From a trading perspective, the initial rally in oil prices was linked […]

Chinese Manufacturing Sector Slows, Stimulus Hopes Loom The Chinese manufacturing sector exhibited a slowdown in October, as indicated by the official Purchasing Managers’ Index (PMI) report. The headline reading came in at 49.5 points, missing the estimated 50.2 points. This decrease in activity has raised concerns, and it’s important to understand the significance of these […]