Market analysis from Tickmill
Title: EURO FX Futures ( 6E1! ), H4 Potential for Bullish Momentum Type: Bullish Momentum Resistance: 1.01345 Pivot: 0.99940 Support: 0.97525 Preferred case: On the H4 chart, the overall bias for ZS1! is bullish . To add confluence to this, price is above the Ichimoku cloud and price breaking the descending trendline which indicate a bullish market. The price may...
Technical & Trade View BTCUSD Bias: Intraday Bullish Above Bearish below 20000 21460 Target Achieved, New Pattern Developing Technicals Intraday 20000 is primary support Primary upside objective is 22863 Next pattern confirmation, acceptance above 21460 Failure below 20000 opens a test of 19.750 20 Day VWAP bullish, 5 Day VWAP bullish
Technical & Trade View Alphabet Inc (Google) Class A Bias: Bullish Above Bearish below 92.54 Technicals Intraday 86.85 is primary resistance Primary pattern objective is 74.00 Acceptance below 83.00 next pattern confirmation Acceptance above 92.54 opens a test of 98.65 20 Day VWAP bearish , 5 Day VWAP bearish
Type: Bearish Momentum Resistance: 1.00155 Pivot: 0.98445 Support: 0.95785 Preferred Case: On H4, as the price moving to test the descending trendlines , we have a bearish bias that the price may drop from the pivot at 0.98445, which is in line with the 23.6% fibonacci retracement to the 1st support at 0.95785 where the swing low is. Alternative scenario:...
Type: Bearish Momentum Resistance: 1.00155 Pivot: 0.98445 Support: 0.95785 Preferred Case: On H4, as the price moving to test the descending trendlines , we have a bearish bias that the price may drop from the pivot at 0.98445, which is in line with the 23.6% fibonacci retracement to the 1st support at 0.95785 where the swing low is. Alternative scenario:...
GBPNZD Bias: Intraday Bullish Above Bearish below 1.92 Technicals Intraday 1.92 is primary support Primary pattern objective is 1.98 Acceptance above 1.9425 next pattern confirmation Failure below 1.92 opens a test of 1.8965 20 Day VWAP bearish , 5 Day VWAP bearish
Type: Bearish Momentum Resistance: 975.5 Pivot: 940.7 Support: 914.0 Preferred case: On the H4 chart, we have a bearish bias. To add confluence to this, price is crossing the Ichimoku cloud and breaking ascending channel , which indicate a bearish market. The price may drop from the pivot at 940.7, which is in line with the 38.2% fibonacci retracement to the 1st...
Type: Bearish Momentum Resistance: 3914.00 Pivot: 3765.00 Support: 3507.75 Preferred Case: On H4, as the price moving below descending trendlines , we have a bearish bias that the price may drop from the pivot at 3765.00, which is in line with the 38.2% fibonacci retracement to the 1st support at 3507.75 where the swing low is. Alternative scenario:...
Title: Corn Futures ( ZC1! ), H4 Potential for Bearish Momentum Type: Bearish Momentum Resistance: 699.50 Pivot: 706.50 Support: 675.00 Preferred case: On the H4 chart, we have a bearish bias. To add confluence to this, price is under the Ichimoku cloud which indicates a bearish market. Overnight price had bearish momentum downwards with price currently trading...
Title: Soybean Meal Futures ( ZM1! ), H4 Potential for Bullish Momentum Type: Bullish Momentum Resistance: 441.4 Pivot: 404.5 Support: 418.8 Preferred case: The current bias for ZM1! on the H4 chart is bullish . To add to this bias, the price is currently trading above the Ichimoku cloud , indicating a bullish market. Overnight price had some bearish momentum,...
Title: Wheat Mini Futures ( XW1! ), H4 Potential for Bullish Momentum Type: Bullish Momentum Resistance: 949'3 Pivot: 904'1 Support: 877'3 Preferred case: With the price moving above ichimoku cloud , we have a buillish bias that the price may rise from the pivot at 904'1, which is in line with the overlap resistance to the 61.8% fibonacci retracement to the 1st...
Type: Bearish Momentum Resistance: 1.01315 Pivot: 0.99670 Support: 0.95785 Preferred Case: On H4, as the price moving to test the descending trendlines , we have a bearish bias that the price may drop from the pivot at 0.99670, which is in line with the 23.6% fibonacci retracement to the 1st support at 0.95785 where the swing low is. Alternative scenario:...
Technical & Trade View Dow Jones (emini futures continuous contract) Bias: Intraday Bullish Above Bearish below 32200 Technicals Intraday 32200 is primary support Primary pattern objective is 34000 Acceptance above 33050 next pattern confirmation Failure below 32200 opens a test of 31900 20 Day VWAP bullish , 5 Day VWAP bullish Notes 33240 symmetry swing...
Technical & Trade View Ethereum Continuous Futures Contract (ETHUSD) Bias: Intraday Bullish Above Bearish below 1520 Option Expiry: 1630 Target Achieved, New Pattern Emerging Technicals Intraday 1525 is primary support Primary pattern objective is 1690 Acceptance above 1620 next pattern confirmation Failure below 1510 opens a test of 1470 20 Day VWAP bullish ,...
Title: Corn Futures ( ZC1! ), H4 Potential for Bullish Momentum Type: Bullish Momentum Resistance: 715.25 Pivot: 706.50 Support: 675.00 Preferred case: On the H4 chart, we have a bullish bias. To add confluence to this, price is above the Ichimoku cloud which indicates a bullish market. Overnight price had bullish momentum upwards with price currently trading at...
Type: Bullish Momentum Resistance: 975.5 Pivot: 939.4 Support: 914.0 Preferred case: On the H4 chart, we have a bullish bias. To add confluence to this, price is above the Ichimoku cloud and ascending channel , which indicate a bullish market. The price may rise from the pivot at 939.4, which is in line with the 38.2% fibonacci retracement to the 1st resistance...
Technical & Trade View GBPCAD Bias: Bullish Above Bearish below 1.55 Option Expiry: Technicals Primary support is at 1.5530 Primary pattern objective is 1.5921 Acceptance above 1.5770 next pattern confirmation Failure below 1.55 opens a test of 1.5380 20 Day VWAP bullish, 5 Day VWAP bearish
Technical & Trade View GBPCHF Bias: Bullish Above Bearish below 1.1375 Option Expiry: Technicals Primary support is at 1.1413 Primary pattern objective is 1.2027 Acceptance above 1.16 next pattern confirmation Failure below 1.1350 opens a test of 1.1275 20 Day VWAP bullish, 5 Day VWAP bearish