EURGBP Potential for bullish rise towards previous swing high
To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.TitleEURGBP Potential for bullish rise towards previous swing highTypeBullish BouncePreference:Looking at the H4 chart, my overall bias for EURGBP is bullish due to the current price being above the Ichimoku cloud, indicating a […]
FTSE 100 Hits Another Record High
FTSE 100 Reaches New High as Resilient Earnings Fuel Sentiment FTSE 100 records another fresh all-time high as resilient earnings boost UK equities. BT Group PLC, Persimmon and BP lead gains. The analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our comprehensive education library. […]
Crude Oli Hold the High Ground on US Dollar Weakness. Will WTI go Higher?
Crude Oil, WTI, Brent, US Dollar, API, Turkey, Norway, Powell, Kashkari – Talking Points Crude oil lifted as the US Dollar fell on hopes of a less hawkish Fed Fed Chair Powell reaffirmed higher rates, but equities and currencies don’t care If the Fed raises rates as they say they will, where will WTI go? […]
BP’s Record Profits has the FTSE 100 Index Approaching New All-Time High
BP Earnings, FTSE 100 Index Analysis BP announces record profit, share buybacks and a step back from oil output reductions FTSE 100 Index approaches its first test of the newly formed all-time high on upbeat BP results. BP share price and positive tailwinds from Shell help keep the index moving higher The analysis in this […]
EURJPY potential for bullish rise towards previous swing high
To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.TitleEURJPY potential for bullish rise towards previous swing highTypeBullish BouncePreference:Expect price to possibly retest the pivot which is the overlap support before heading towards the previous swing high resistance.The support level is here. […]
Dollar near one-month high; strong payrolls, rising Chinese tensions help By Investing.com
© Reuters By Peter Nurse Investing.com – The U.S. dollar rose in early European trade Monday, boosted by raised tensions between China and the U.S., while Friday’s strong payrolls prompted traders to reassess the extent of the Federal Reserve’s likely interest rate tightening. At 03:25 ET (08:25 GMT), the , which tracks the greenback against […]
USD/JPY Hits Fresh 3-Week High on Speculation of New BoJ Governor
USD/JPY PRICES, CHARTS and ANALYSIS: Recommended by Zain Vawda Download the Updated Q1 2023 Yen Forecast Most Read: US Dollar Blazes Higher on Solid Data as Geopolitics Play Out. Where to for USD? USD/JPY FUNDAMENTAL BACKDROP USD/JPY hit a fresh 3-week high in the Asian session trading above the 132.00 handle. The European open has […]
Renews three-week high but 50-DMA probes bulls
USD/JPY grinds higher around three-week top during two-day uptrend. Successful break of 130.00 support-confluence join firmer oscillators to favor bulls. 50-DMA challenges immediate upside ahead of January’s peak. USD/JPY remains firmer as buyers keep the reins at the highest levels in three weeks during early Monday. In doing so, the Yen pair also justifies the […]
USDJPY runs up to test the high from last week. Backs off.
USDJPY moves up to test last week’s high The USDJPY has seen the pair move sharply higher after the much stronger than expected US jobs report followed by a stronger-than-expected nonmanufacturing ISM report. US yields are higher with the two year now up 17.2 basis points at 4.261%. The 10 year is up 14 basis […]
UK FTSE 100 trades to a new all time high
UK FTSE 100 has moved to a new all time high The UKs FTSE 100 has traded to a new all-time high, surpassing the previous high reached during the week of May 21, 2018 at at 7903.50. The high price today reached 7906.5804, the price has rotated back to the downside and currently trades at […]