Tag: tickmill

TitleNZDUSD D1 | Bearish momentum to extend further? TypeBearish Reversal Preference:Price could rise towards the pivot point of 0.58558 which is a pullback resistance level and potentially reverse from here; we could see momentum carry price down to its 1st support at 0.57495 which is an overlap support that aligns with the 78.6% Fibonacci retracement […]

Futures Weekly Action Areas #ES #NQ #YM To access the weekly the weekly action areas for the trading week ahead in the emini futures markets CLICK HERE! Source: Tickmill

TitleGBPJPY H4 | Bearish reversal off 78.6% fibo? TypeBearish Reversal Preference: Price could retest the pivot point at 182.32, which is a swing high resistance level, aligning with the 78.6% fibo projection. Price could fall to the 1st support level at 181.36, which is a swing low support level. Alternative scenario:If price breaks above the […]

ECB In Focus This Week EUR will be in focus this week with the October ECB meeting on Thursday the headline event for the week. While the bank is widely expected to hold rates unchanged, there is some likelihood that the bank retains hawkish signalling in its outlook, keeping the door open for a potential […]

Spotify Earnings on Watch As US Q3 earnings season rolls on, we have plenty of major names due to report this week. Among the big hitters, Spotify will be drawing plenty of attention tomorrow in the tech sector. The company’s stock has recovered sharply off the 2022 lows, posting a roughly 160% rally before correcting […]

Daily Market Outlook, October 23, 2023 Munnelly’s Market Commentary…  Asia – Asian equity markets saw declines, partially reflecting the losses in European and US markets from Friday. However, futures for European and US equities were trading higher. Meanwhile, both oil and gold prices decreased as investors continued to assess the ongoing volatile situation in the […]

TitleEURJPY H4 | Bullish bounce off 38.2% fibo? TypeBullish Bounce Preference: Price could potentially bounce off our pivot point at 158.49, which is an overlap support level, aligning with the 38.2% fibo retracement. Since price has been creating higher highs and higher lows, we can expect a bounce from here to the 1st resistance level […]

TitleEURJPY H4 | Bullish bounce off 38.2% fibo? TypeBullish Bounce Preference:Price could possibly bounce off our pivot point at 158.46, which is an overlap support, aliging with the 38.2% fibo retracement. Price has broken through a major resistance, and could possibly bounce off this current support level, to rise towards the 1st resistance at 159.20, […]

Curveball From Powell Hotly anticipated comments from Fed chairman Powell yesterday ultimately presented markets with something of a curveball. On the back of the recent uptick in US data and with several Fed members voicing hawkish opinions, traders had been expecting Powell to double down on the hawkish message offered at the last FOMC meeting, […]

BTC Volatility Following a volatile start to the week, Bitcoin has managed to rally across the last few days and is on course to end the week more than 10% higher. On Monday, Bitcoin prices saw explosive movement around a (later retracted) tweet from CoinTelegraph claiming that the BlackRock BTC ETF had been approved by […]