Silver is heading down. The price of silver underwent a correction, approached the broken downtrend, and formed a bearish engulfing. Since the breakout of the downtrend was false, the asset’s price...
Dollar in Focus: Market Analysis and Outlook Following Central Bank Meetings
The Dollar Index on Monday is hovering near the neutral level of 102.50, indicating that the market has absorbed the major news from the past week. This, of course, refers to the parade of...
Central Bank Meetings Overview: Igniting the Chase for Yield
This week saw a series of central bank meetings that delivered a plethora of surprises. In particular, the communication from both the Federal Reserve and the European Central Bank diverged from...
CHFJPY H4 | Potential bullish bounce?
TitleCHFJPY H4 | Potential bullish bounce?TypeBullish BouncePreference:Price is above the pivot point at 163.721, the pullback support, and could bounce off and rise to the 1st resistance level at...
AUDUSD H4 | Potential bullish bounce
TitleAUDUSD H4 | Potential bullish bounceTypeBullish BouncePreference:Price is falling to our pivot point at 0.66798, overlap support, and could bounce to our 1st resistance level at 0.6726, and...
Daily Market Outlook, December 15, 2023
Daily Market Outlook, December 15, 2023Munnelly’s Market Minute… Asia - Stocks in the Asia-Pacific region mostly traded higher, buoyed by positive sentiment from Wall Street, supported by favourable...
EURUSD Traders Caught Between Fed & ECB
EUR Rally StallsOn the back of the post-FOMC rally we saw on Wednesday, EURUSD was driven further higher yesterday by the ECB. While the bank held rates unchanged and arguably made some dovish...
GBPUSD H4 | Falling to support level?
TitleGBPUSD H4 | Falling to support level?TypeBearish ReversalPreference:Price is moving to our 1st support at 1.26175, the overlap support level from the pivot point at 1.27866, the swing high...
Dollar At Lows Ahead of PMIs
USD Under PressureThe Dollar Index is on course to end the week at its lowest level since August having shed around 2.4% since Monday’s opening price. The main driver behind the move lower this week...
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.