Technical signal triggers Dollar recovery but soft US labor market data weighs on sentiment
The US Dollar began a rebound on Thursday after the Dollar Index (DXY) touched a yearly low, triggering traders to capitalize on a strong and clear technical signal:The latest revisions to the US...
EURUSD M15 I Bearish Drop
TitleEURUSD M15 I Bearish DropTypeBearish ReversalPreference:Price is rising toward the pivot of 1.1144, a pullback resistance. A drop from this level could lead the price to fall to 1st support at...
EURUSD H4 I Bullish Bounce
TitleEURUSD H4 I Bullish BounceTypeBullish BouncePreference:Price is falling toward the pivot of 0.8499, a pullback support close to 50% Fibo retracement and 127.2% Fibo extension. A bounce from this...
NZDUSD H4 I Bearish Drop
TitleNZDUSD H4 I Bearish DropTypeBearish dropPreference:Price is falling toward the pivot of 0.6145, a breakout from this level could lead the price to fall to 1st support at 0.6090, a pullback...
Pound Soars on Strong PMI Readings
Better UK Data… AgainThe British Pound continues to storm higher against the Dollar this week. Against a backdrop of elevated Fed easing expectations, further positive UK data is casting uncertainty...
USDCHF H1 | Bullish Rise
TitleUSDCHF H1 | Bullish RiseTypeBullish RisePreference:Price is currently at the pivot of 0.8517, a bounce from this level could lead the price to rise to 1st resistance at 0.8557, a multi-swing high...
Brent Oil Forecast: Potential Price Rise Ahead
The price of Brent oil is currently approaching a strong supporting zone formed between levels 71.50 and 72.50. It is also important to note that oil has already gained the required support in this...
Daily Market Outlook, August 22, 2024
Daily Market Outlook, August 22, 2024 Munnelly’s Macro Minute…"Dovish Fed Minutes Send Dollar To One-Year Lows”Following the generally positive signals from global markets overnight, Asian stock...
AUDUSD H4 | Bearish Reversal
TitleAUDUSD H4 | Bearish ReversalTypeBearish ReversalPreference:Price is rising toward the pivot of 0.6753, an overlap resistance. A drop from this level could lead the price to fall to 1st support at...
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.