Crude Under PressureFollowing a solid rally at the start of the week, oil prices have run into heavy selling interest over the week. Crude futures are down around 6% from the week’s highs as demand...
Stocks Roar Back As US Recession Fears Fade
Cooler Inflation Boosts StocksUS stock markets are racing higher this week as traders react to better-than-forecast US data. Following a heavy correction lower at the start of the month, the S&P...
Copper Futures (HG1!) H4 | Heading into 61.8% Fibonacci Resistance
Copper Futures (HG1!) H4 | Heading into 61.8% Fibonacci ResistanceType:Bearish ReversalKey Levels:Resistance: 4.22Pivot: 4.12Support: 3.97Preferred Case:Looking at the H4 chart, my overall bias for...
Gold Turns Higher Following Weak US CPI
US Data SupportGold prices are trading a little higher today as traders digest the latest set of US inflation figures, released yesterday. Annualized US CPI was seen falling to 2.9%, down from the...
Dollar Down on Fresh Inflation Fall
CPI Slips FurtherThe US Dollar is trading lower today on the back of yesterday’s July inflation data. Headline annualised CPI was seen cooling to 2.9%, below the prior and expected 3% reading the...
Platinum Futures (PL1!) H4 | Potential Bearish BreakoutType:Bearish BreakoutKey Levels:Resistance: 955.00Pivot: 938.10Support: 917.40Preferred Case:Looking at the H4 chart, my overall bias for...
#SP500 #US500 Daily Trade Plan 14/08/24
#SP500 #US500 Daily Trade Plan 14/08/24In this update we review the recent price action in the emini SP500 and identify a trading plan for the session ahead. Please click here to take a look at...
Dollar On Watch As Traders Wait For US Inflation
USD Drops on PPI DeclineThe US Dollar is on watch today as traders brace for the latest US CPI data. Yesterday, USD fell sharply as US PPI came in below forecasts. Core PPI was seen slipping to 0%...
Copper Recovery Continues Ahead of US CPI
China Data Weighs on CopperCopper prices are trading tentatively higher today as the market continues a shallow recovery rally. A weaker US Dollar is helping drive support for the metal which is on...
Cookie Policy: The Tickmill website uses cookies. By continuing browsing the page you automatically agree to our use of cookies. For more information on our cookie usage, on how to change cookies and their settings see our Cookies Policy.