Submitted Feb 9, 2024|From tickmill.com

Bitcoin prices are looking much more constructive this week. Following a period of stagnation last week, the leading crypto coin has been on the march north this week and is now close to retesting the current YTD highs around 49360. Indeed, ...

Submitted Feb 8, 2024|From tickmill.com

Copper prices remain under pressure today, despite the lift in Chinese stocks on the back of weak China data overnight. CPI and PPI were both seen falling again in the world’s second largest economy last month. The data adds to fears that the ...

Submitted Feb 8, 2024|From tickmill.com

chart Currently, the price of gold is repeatedly testing the supporting zone formed between levels 22.00 and 22.30 and located next to the uptrend. The asset’s price might potentially rebound and rise. However, it would be wise to follow the ...

Submitted Nov 16, 2023|From tickmill.com

Bitcoin prices surged higher once again yesterday with BTC futures rallying almost 10% off the week’s lows yesterday. The move came amidst news that the SEC has deferred ruling on the Hashdex Bitcoin ETF until 2024, having made a similar ruling on ...

Submitted Nov 9, 2023|From tickmill.com

Bitcoin is trading at fresh year to date highs today as excitement builds around potential SEC approval of BTC ETF applications. Today marks the start of the first 8-day approval window ate the SEC for approving ETF applications ahead of the current ...

Submitted Nov 3, 2023|From tickmill.com

Bitcoin price are pulling back from recent YTD highs as we approach the weekend. After topping out ahead of the 37030 level, BTC prices have since shed around 6%. The move comes despite recent weakness in USD and can be attributed to profit taking ...

Submitted Oct 31, 2023|From tickmill.com

Copper prices are in the green today but are struggling to break back above local resistance on the back of weaker-than-forecast Chinese manufacturing data overnight. The Chinese manufacturing PMI for last month was seen falling back into negative ...

Submitted Oct 31, 2023|From tickmill.com|3 comments

The Japanese Yen hit its lowest level against EUR today for the first time since 2008. The fresh rally in EURJPY comes in response to the latest BOJ meeting overnight. The bank once again held headline policy unchanged, reaffirming its commitment to ...

Submitted Oct 30, 2023|From tickmill.com

Gold prices are slipping on Monday, putting a pause on the more than 10% rally we’ve seen in gold over the last month. The selling comes despite news of Israel stepping up its invasion of Gaza this weekend through intensified land and air attacks. ...

Submitted Oct 30, 2023|From tickmill.com

Oil Drops Despite Middle East Conflict Oil prices are coming under pressure across early trading on Monday, despite an intensification of the Israel-Hamas war. Israel stepped up its advances into Gaza over the weekend with increased land and air ...

Submitted Oct 2, 2023|From tickmill.com

The dollar has resumed its rally after a pullback to the 105.50 area in the second half of last week amid a bullish retracement in the stock market, largely driven by profit-taking actions. The dollar index crossed the 106.50 mark on Monday. From a ...

Submitted Sep 28, 2023|From tickmill.com

The price of natural gas has closely approached the psychological level of 3.00 USD/MMBtu. At that, the asset’s price is trying to test this level for the third time in a row. As the cold season approaches, the demand for natural gas will gradually ...

Submitted Sep 13, 2023|From tickmill.com

The currency market showed a relatively subdued reaction to the US inflation report for August, which nevertheless indicated that monthly core inflation was higher than expected at 0.3% (forecasted 0.2%). The dollar index, after a brief upward ...

Submitted Sep 7, 2023|From tickmill.com

Gold is heading down and gradually approaching the supporting zone formed between the levels 1900 and 1913. The asset might potentially rebound from this zone and jump to target the downtrend. So, let’s observe if it is going to happen. chart ...

Submitted Sep 6, 2023|From tickmill.com

Crude prices broke out to yet further new highs for the year yesterday. The move was driven by news that Saudi Arabia and Russia have extended their additional production cuts through year-end. On top of the production cuts agreed among OPEC+ ...

Submitted Sep 5, 2023|From tickmill.com

The Aussie Dollar has come under heavy selling pressure today on the back of the September RBA meeting and yet a further set of weak China data. The RBA held rates unchanged at the meeting overnight, marking the third consecutive time rates have ...

Submitted Sep 4, 2023|From tickmill.com

Crude prices are starting the week on a softer footing after breaking out to their highest levels since November 2022 on Friday. The main driver behind the move is the bullish OPEC+ backdrop. On the back of recent production cuts, allied non-OPEC ...

Submitted Aug 31, 2023|From tickmill.com

The dollar rebounded on Thursday after several waves of sell-offs on Tuesday and Wednesday as US economic activity data released over the past two days pointed to potential negative momentum in the economy. Market sentiment was mainly influenced by ...

Submitted Aug 28, 2023|From tickmill.com

Bitcoin remains at the level of 26000 for now. The asset might potentially test the supporting area formed around the level of 25000, rebound, and target the psychological support at the level of 30000. So, let’s observe what might happen next. ...

Submitted Aug 23, 2023|From tickmill.com

Bitcoin did not manage to enter the supporting zone. It jumped instead, trying to form a long white candle at the end of the trading day and shape the engulfing. It’s noteworthy that the asset’s price might potentially drop again. Should Bitcoin ...