Daily Market Outlook, May 17, 2024Munnelly’s Macro Minute…“China Data A Mixed Bag, Property Developers Bid On Stimulus Talk”Overnight the Asian equity market showed a mixed performance. China's...
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...
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...
Daily Market Outlook, May 16, 2024
Daily Market Outlook, May 16, 2024Munnelly’s Macro Minute…“Markets Buoyant With Goldilocks Inflation & Retail Sales Data”Equity markets in the Asia-Pacific region continued to rise, reflecting the...
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...
Silver And Copper: Potential Correction Underway?
The price of silver has closely approached a very strong psychological level of 30.00, which also represents the historical maximum point. The price of this asset might potentially rebound and drop....
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...
Heading into Pullback Resistance
TitleHeading into Pullback ResistanceTypeBearish ReversalPreference:Price is rising towards the pivot point of 84.04 which is a pullback resistance level and could potentially reverse from here; we...
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.