Tag: tickmill
Significant improvements were seen on the macroeconomic front on Wednesday following the release of data from China. The third-quarter GDP growth came in at 4.9% on an annual basis, surpassing expectations of 4.4%. Industrial production (4.5% versus a forecast of 4.3%) and even often-underperforming retail sales (5.5% versus 4.9%) also exceeded expectations. Official unemployment in […]
Daily Trade Setups #GOLD #CRUDE #RTY To access today’s real-time actionable analysis CLICK HERE! Source: Tickmill
Tickmill’s dedication to offering some of the best trading conditions in the market is no secret. At any time, regardless of changing markets. This dedication has earned it various accolades and recognition, including being named the ‘Number One Broker for Commissions and Fees’ by ForexBrokers.com for three consecutive years. To achieve such results, Tickmill invests a […]
The majority of traders tend to solely focus on spreads when choosing a broker. Yet, there are other costs and fees that may be less explicit, and therefore some traders might not take them into consideration. We sat down with Johnny, Head of Liquidity at Tickmill, to shed light on these hidden costs that traders […]
Daily Market Outlook, October 17, 2023 Munnelly’s Market Commentary… Asia – Asian stocks rebounded from yesterday’s losses, following the US market’s recovery. Japan’s Nikkei-225 index rose by 1%, while other regional markets also gained. The Israel-Hamas conflict remains tense, but diplomatic efforts are underway to prevent further escalation. US President Biden will visit Israel tomorrow. […]
TitleEURUSD H4 | Falling to support level? TypeBearish Reversal Preference: Price has just reacted off our pivot point of 1.05591, which serves as an overlap resistance level. A reversal from this point could lead the price to drop to the 1st support at 1.0494, a multi-swing low support level. Alternative scenario: However, if the price […]
TitleSPX500USD H4 | Bullish bounce off 61.8% fibo? TypeBullish Bounce Preference: Price could potentially fall to our pivot point at 4334.5, which is an overlap support level, aligning with the 61.8% fibo retracement and 78.6% fibo projection. If price bounces off our pivot point, then price could rise towards the 1st resistance at 4397.6, which […]
TitleAUDUSD H4 | Rising into confluence of Fibo resistance TypeBearish Reversal Preference:Price is rising towards the pivot point of 0.6385 which is an overlap resistance that aligns with a confluence of Fibonacci levels i.e. the 61.8% retracement and the 61.8% projection levels; we could see momentum carry price down to its 1st support at 0.62939 […]
TitleBCOUSD H4 | Bullish bounce of 50% Fibo TypeBullish Bounce Preference:Price is falling towards the pivot point of 88.644 which is a pullback support that aligns with the 50.0% Fibonacci retracement level and could potentially reverse from here; we could see momentum carry price up to its 1st resistance at 91.846 which is a pullback […]
Safe-haven assets and the currency rushed to price in the risks of a serious escalation of the conflict in the Middle East before the weekend, but by Monday, it became clear that although tension persists, the conflict remains predominantly local. Third countries that could potentially exacerbate the situation, such as Iran, are limited to warnings, […]