Global Markets React to Economic Data and Central Bank Actions: EUR/USD, GBP, and AUD in Focus
The EUR/USD pair faced slight downward pressure during the European session but later recovered to the equilibrium rate of 1.0950, which has been sustained by the market since last week amid a lack of...
GBPUSD M15 | Bullish bounce
TitleGBPUSD M15 | Bullish bounceTypeBullish BouncePreference:Price is falling toward the pivot point of 1.2750, a pullback support that aligns with the 38.2% Fibo retracement. A bounce from this level...
Loonie Rising Ahead of CAD CPI Tomorrow
CAD CPI in FocusUSDCAD is moving higher today ahead of tomorrow’s Canadian CPI release. The market is expecting CAD CPI to have slipped further last month. M/M CPI is pegged at -0.3%, down from the...
Resistance at 38.2% Fibo
TitleResistance at 38.2% FiboTypeBearish ReversalPreference:Price is rising towards the pivot point of 0.67278 which is a pullback resistance that aligns with the 38.2% Fibonacci retracement level and...
Resistance Overhead
TitleResistance OverheadTypeBearish ReversalPreference: Price could rise towards the pivot point of 0.67292 which is a pullback resistance level and potentially reverse from here; we could see...
Dollars and Data: Unpacking the US Inflation Report Rollercoaster
So, the US inflation report for December didn't exactly set the market on fire. It caused a brief dollar rally, with the US dollar index going up from 102.20 to 102.70, but it lost all its gains...
Potential Bearish Breakout
TitlePotential Bearish BreakoutTypeBearish BreakoutPreference:Price is falling towards the pivot point of 0.8589 which is a pullback support level and could potentially break under from here; we could...
EURUSD M15 I Falling to support level
TitleEURUSD M15 I Falling to support levelTypeBearish DropPreference:Price is currently at the pivot point of 1.0974, A reverse from this point could lead the price to fall to 1st support level at...
Daily Market Outlook, January 12, 2024
Daily Market Outlook, January 12, 2024Munnelly’s Market Minute…“US PPI & Bank Earnings On Deck”Asian stocks exhibited mixed results, with major indices largely remaining range bound. The...
Cookie Policy: The Tickmill website uses cookies. By continuing browsing the page you automatically agree to our use of cookies. For more information on our cookie usage, on how to change cookies and their settings see our Cookies Policy.