Tag: tickmill

TitleUSDCAD H4 | Potential RSI Bearish Divergence TypeBearish Reversal Preference: Price is rising towards the pivot point of 1.37854 which is a swing-high resistance and could potentially reverse from here; we could see momentum carry price down to its 1st support at 1.36717 which is a pullback support level. Alternative scenario:If price breaks above the […]

BOC in Focus The Bank of Canada meets for its October rate setting meeting today and while no change is expected, traders will be keeping a close eye on the latest guidance and forecasts offered. The BOC has warned recently that it is still prepared to use further tightening, if necessary, to respond to any […]

TitleEURGBP H4 | Potential Bearish Reversal TypeBearish Reversal Preference: Price is rising towards the pivot point of 0.87331 which is a swing-high resistance and could potentially reverse from here; we could see momentum carry price down to its 1st support at 0.86842 which is a pullback support that aligns close to the 50.0% Fibonacci retracement […]

Japanese CPI Rises The Japanese Yen is turning higher today on the back of the latest set of inflation figures, released overnight. BOJ core CPI was seen rising to 3.4% last month, up from 3.3% a month prior and above the 3.3% the market was looking for. With JPY continuing to depreciate over recent weeks, […]

TitleGBPJPY H4 | Bearish reversal off 161.8% fibo? TypeBearish Reversal Preference: Price is rising towards our pivot point at 183.76, which is a swing high resistance level, aligning with the 161.8% fibo extension. Price could reverse off from here, and fall to the 1st support at 182.87, which is a pullback support level. Alternative scenario:If […]

In a surprising turn of events, US Treasuries witnessed a sharp rise in demand, driving the 10-Year US yield to a key psychological level of 5%. The sudden surge was not attributed to any specific catalysts, such as new economic data or statements from Federal Reserve officials. Instead, it appears to be a technical pullback, […]

Tech Earnings in Focus Q3 US earnings season continues today, and we have a couple of big names in the tech sector to keep an eye on. Along with Spotify, which will be closely watched on the back of 5 consecutive quarters of weaker growth, both Alphabet and Microsoft report today. Ahead of the market […]

TitleUSDCHF H4 | Bouncing off support level? TypeBullish Bounce Preference:The price is falling toward our pivot point of 0.8862 , which serves as a pullback support level. A bounce from this point could lead the price to rise to the 1st resistance at 0.8931, an overlap resistance. Alternative scenario:However, if the price breaks below the […]

Daily Trade Setups #GOLD #TLT #BTC To access today’s real-time actionable analysis CLICK HERE! Source: Tickmill

ETF Optimism Crypto bulls are looking hopeful at the start of the week with BTC seeing continued buying across the European open on Monday. Optimism over expected forthcoming BTC ETF approvals is keeping crypto prices well bid here with BTC now trading above the $30k mark for the second day in a row. Last week, […]