Technical Analysis - Tickmill Expert Blog - Forex Traders Blog

Heading into Resistance

TitleHeading into ResistanceTypeBearish ReversalPreference:Price is rising towards the pivot point of 0.5979 which is a pullback resistance level and could potentially reverse from here; we could see...

Will The Fed Cause Fireworks in USD Today?

USD in Focus TodayThe US Dollar is pushing higher today as traders brace for plenty of volatility risk throughout the session. We have both the ADP employment figures and ISM manufacturing due this...

Bitcoin Crashes Ahead of FOMC

Bitcoin Breaks SupportBitcoin prices have fallen back to their lowest level since February today, with BTC futures breaking down below the 60695 price level which has underpinned the market over...

Crude Under Pressure - What to Watch

Fading Middle East Tensions Weigh on CrudeOil prices are turning lower as we cross through the middle of the week. Crude futures has slipped back to their lowest level since early March as a...

EURUSD Attempting to Break Higher As GDP Jumps

CPI Stalls at 2.4%The eurozone flash CPI estimate, released this morning, showed that headline inflation in the single currency bloc remains unchanged at 2.4% last month. Additionally, the core...

Bearish Momentum

TitleBearish MomentumTypeBearish ReversalPreference:Waiting for the price to pull back at the pivot at 2332. A reverse from this level could lead the price to fall to 1st support at 2318.Alternative...

Potential Bearish Breakout

TitlePotential Bearish BreakoutTypeBearish BreakoutPreference:Price could fall towards the pivot point of 0.6522 which is a potential breakout level and could drop lower from here; we could see...

Falling to 61.8% Fibonacci Support

TitleFalling to 61.8% Fibonacci SupportTypeBullish BouncePreference:Price is falling towards the pivot point of 26.58 which is a pullback support that aligns close to the 61.8% Fibonacci retracement...

Bitcoin Slump Continues Post-Halving

Bitcoin Remains MutedIt’s been a disappointing week for Bitcoin bulls with the leading crypto asset seen lower on the back of the April halving event. There had been plenty of speculation ahead of the...