Submitted May 9, 2023|From tickmill.com

Bitcoin prices have stabilised over early European trading on Tuesday following heavy price falls in recent sessions. The selling comes in response to news that Binance, the largest crypto exchange, was seen temporarily freezing Bitcoin withdrawals ...

Submitted May 8, 2023|From tickmill.com|2 comments

Tickmill UK has recently opened its newest office, located in the Emirates Financial Towers. The Dubai office operates under the DFSA regulation and will be managed by Joseph Dahrieh, who will act as managing principal. In his role as Country ...

Submitted May 4, 2023|From tickmill.com

The FOMC meeting on Wednesday indicated that the Fed is very close to announce a pause and the range-bound response in Treasury yields suggests that there was no significant shift in rate expectations. FOMC members voted unanimously to raise ...

Submitted May 3, 2023|From tickmill.com|1 comment

EURUSD is rallying firmly ahead of the FOMC later today. The pair has been on a strong run since the March lows, gaining around 5.5% as narrowing yield spreads between EU and US bonds help lift sentiment. Much of the driver behind the move has been ...

Submitted Apr 25, 2023|From tickmill.com

US and European stock indices are on a slippery slope, the Dollar index found enough buyers to rebound from 101 level after the dip on Monday. The selling catalyst was disappointing report from the Dallas Fed regarding activity in US manufacturing ...

Submitted Apr 19, 2023|From tickmill.com

Most traders recognize that psychology is a big part of trading. A common experience for many traders is a P&L boom & bust cycle, make money, and then lose it. Rinse and repeat. A major factor behind this boom & bust cycle is how traders think about ...

Submitted Apr 18, 2023|From tickmill.com

The NY Empire State Manufacturing Index surprised with its acceleration in April, as the main index not only did not decrease as predicted by the forecast from -11.5 to -18.0 points, but even jumped to 10.8 points, which is the highest point of ...

Submitted Jan 24, 2022|From tickmill.com

The metals complex has started the week with a positive tone as both gold and silver see decent demand across the European open on Monday. With USD continuing to hold within the narrow block of consolidation which has formed recently, and with ...

Submitted Jan 21, 2022|From tickmill.com

The British Pound is back under pressure today following a dismal set of retail sales for December. Retail activity was seen falling by 3.7% over the month, well below the -0.6% reading forecast, marking a stark drop from the prior month’s 1% gain. ...

Submitted Jan 20, 2022|From tickmill.com

The latest CFTC COT institutional positioning report showed that oil traders increased their net long positions by around 8% last week. This latest increase in upside exposure is well reflected in the price action with crude having broken out to its ...

Submitted Jan 20, 2022|From tickmill.com

Bitcoin prices continue to hold very tightly to 41510 support level (and longer term rising trend line) here as price remains within the large falling wedge pattern which has framed the reversal lower from all time highs. With indicators having ...

Submitted Jan 19, 2022|From tickmill.com

Looking ahead to tonight’s Asian session (Weds/Thurs overnight), the key data releases to note are the Australian unemployment rate and employment change numbers. Given the firm trajectory in the labour market rebound, the market is looking for the ...

Submitted Jan 18, 2022|From tickmill.com

GBPCAD Head & Shoulders The rally in GBPCAD off the Q4 2021 lows looks now to have fizzled out with price putting in an interim double top formation around the 1.73 mark. Price has now broken below the neck of this pattern and with both MACD and RSI ...

Submitted Jan 17, 2022|From tickmill.com

The metals complex has started the week with a bid tone as both gold and silver attempt to trade to the upside here. Relatively speaking, price actions remains fairly muted for now and with the US markets offline for the MLK holiday, flows are ...

Submitted Jan 13, 2022|From tickmill.com

The breakdown in the US Dollar this week is allowing for a broad move higher in risk assets. Among those instruments seeing the most benefit is ETH which has rallied almost 20% off the lows. The brief dip below the falling wedge pattern suggests a ...

Submitted Jan 13, 2022|From tickmill.com

Type: Bearish Reversal Key Levels: Resistance: 45514.76 Pivot: 43995.2 Support: 40641.22 Preferred Case: Price is abiding to the descending trendline resistance, signifying an overall bearish momentum. We can expect price to drop from pivot level in ...

Submitted Jan 5, 2022|From tickmill.com

It’s been a muted start to the year for Bitcoin traders with the market-leading cryptocurrency languishing around the 45515 level support for now, sitting on the 61.8% retracement from last year’s lows. Following a heavy correction over much of Q4, ...

Submitted Jan 5, 2022|From tickmill.com

Higher UST yields and weaker technology stocks have led to mixed trading in Asian equities. A modest majority of Asian bourses as well as S&P 500 futures were trading lower at the time of writing. After falling to its lowest level in four years, ...

Submitted Dec 21, 2021|From tickmill.com

Risk oversold? US equity futures up, most of Asian indices are positive. RBA published minutes for the December meeting, board members recognized that the omicron variant had introduced additional uncertainty, but believe that it is unlikely to ...