Technical Analysis - Tickmill Expert Blog - Forex Traders Blog

Copper Rally Stalls at $5, What Next?

Copper Holding at HighsThe rally in copper prices has become one of the big sleeper trades of the year so far with copper futures rallying over 40% off the YTD lows and breaking out to new all-time...

EURUSD H4 I Bullish Reversal

TitleEURUSD H4 I Bullish ReversalTypeBullish BouncePreference:Price is falling toward the pivot of 1.0812, a pullback support level close to the 50% Fibonacci retracement. A bounce from this level...

Heading into Resistance

TitleHeading into ResistanceTypeBearish ReversalPreference:Price is rising towards the pivot point of 84.92 which is a pullback resistance level and could potentially reverse from here; we could see...

Crude Holds Key Support After Channel Break

Middle East ImpactFollowing the heavy sell off on May 1st, oil prices have been muted over the month so far with crude futures settling into a tight range. Price have been caught between support at...

Falling to 50% Fibonacci Support

TitleFalling to 50% Fibonacci SupportTypeBullish BouncePreference:Price is falling towards the pivot point of 0.6639 which is a pullback support that aligns with the 50.0% Fibonacci retracement level...

Dropping to Pullback Support

TitleDropping to Pullback SupportTypeBullish BouncePreference:Price is falling towards the pivot point of 29.19 which is a pullback support level and could potentially reverse from here; we could see...

Dollar Sinks As Inflation Softens

US CPI Falls (Finally)The US Dollar plunged lower yesterday on the back of the April CPI and retail sales readings. On the inflation front, annualised CPI was seen declining for the first time in six...

Rising into Resistance

TitleRising into ResistanceTypeBearish ReversalPreference:Price is rising towards the pivot point of 154.56 which is a pullback resistance that aligns with the 38.2% Fibonacci retracement level and...

XAUUSD M15 | Bearish Drop

TitleXAUUSD M15 | Bearish DropTypeBearish DropPreference:Price is currently at the pivot point of 2389.44, an overlap resistance. A drop from this level could lead the price to fall to 1st support at...