USDCHF potential drop to previous swing low
To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.TitleUSDCHF potential drop to previous swing lowTypeBearish BreakoutPreference:Looking at the H4 chart, my overall bias for USDCHF is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market.Expecting […]
Market Update – January 31 -Stocks Lower; Techs Lead Drop
Global Stocks extend lower, USD steady and Yields picked up across the curve with the short end underperforming in a bear flattener given the Fed views. The curve flattened to -72 bps before unwinding to -70 bps. The looming FOMC decision on Wednesday and expectations for a hawkish trimming in […]
Dollar set for fourth monthly drop as Fed meeting looms By Reuters
© Reuters. FILE PHOTO: U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo By Tom Westbrook SINGAPORE (Reuters) – The dollar was eyeing a fourth monthly loss on Tuesday as investors reckon a peak in U.S. interest rates could swing into view as soon as this week’s Federal Reserve […]
Coffee C Futures ( KC1! ), H4 Potential for Bearish Drop
Type: Bearish DropKey Levels:Resistance:154.30Pivot:164.00Support:142.05Preferred Case:Looking at the H4 chart, my overall bias for KC1! is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market. If this bearish momentum continues, expect price to continue heading towards the support at 142.05, where the recent low is.Alternative Scenario:Price may head back […]
Sugar No. 11 Futures ( SB1! ), H4 Potential for Bearish Drop
Type: Bearish DropKey Levels:Resistance:21.18Pivot:21.18Support:19.30 Preferred Case:Looking at the H4 chart, my overall bias for SB1! is bearish due to the current price crossing below the Ichimoku cloud, indicating a bearish market. If this bearish momentum continues, expect price to continue heading towards the support at 19.30, slightly below where the 23.6% Fibonacci line is.Alternative Scenario:Price […]
USDJPY, GBPJPY, AUDJPY Drop as Japanese Yields Swell
Japanese Yen, USDJPY, GBPJPY, AUDJPY and JGB Yield Talking Points: The Market Perspective: USDJPY Bearish Below 133; AUDJPY Bearish Below 92 A report from one of the largest Japanese Newspapers Thursday morning signaled that the BOJ will be investigating the side effects of its ultra-loose policy next week While a step back from yield curve […]
Corn Futures ( ZC1! ), H4 Potential for Bearish Drop
Type: Bearish DropKey Levels:Resistance: 671.75Pivot: 660.00Support: 636.00 Preferred Case:Looking at the H4 chart, my overall bias for ZC1! is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market. If this bearish momentum continues, expect price to possibly continue heading towards the support at 636.00, where the previous swing […]
Corn Futures ( ZC1! ), H4 Potential for Bearish Drop
Type: Bearish DropKey Levels:Resistance: 671.75Pivot: 660.00Support: 636.00Preferred Case:Looking at the H4 chart, my overall bias for ZC1! is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. If this bearish momentum continues, expect price to possibly continue heading towards the support at 636.00, where the previous swing low is.Alternative […]
Coffee Futures ( KC1! ), H4 Potential for Bearish Drop
Type: Bearish DropKey Levels:Resistance: 174.35Pivot: 163.80Support: 154.30Preferred Case:Looking at the H4 chart, my overall bias for KC1! is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. If this bearish momentum continues, expect price to possibly continue heading towards the support at 154.30, where the previous swing low is.Alternative […]
Copper Futures (HG1!), H4 Potential for Bearish Drop
Type: Bearish DropKey Levels:Resistance:3.9600Pivot:3.6885Support:3.5545Preferred Case:Looking at the H4 chart, my overall bias for HG1! is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market. If this bearish momentum continues, expect price to head back down towards the pivot at 3.6885 where the 61.8% Fibonacci line is.Alternative Scenario:Price may […]