Market analysis from Tickmill

Tickmill Broker

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:...

Tickmill Broker

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...

Tickmill Broker

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,...

Tickmill Broker

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...

Tickmill Broker

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:...

Tickmill Broker

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...

Tickmill Broker

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 ,...

Tickmill Broker

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...

Tickmill Broker

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...

Tickmill Broker

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

Tickmill Broker

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

Tickmill Broker

Technical & Trade View NZDUSD Bias: Bullish Above Bearish below .5800 Option Expiry: Technicals Primary support is at .5825 Primary pattern objective is .5963 Acceptance above .5875 next pattern confirmation Failure below .5790 opens a test of .5710 20 Day VWAP bullish, 5 Day VWAP bullish

Tickmill Broker

Technical & Trade View EURCHF Bias: Bullish Above Bearish below .9800 Option Expiry: 0.9825 (666M) Technicals Primary support is at .9850/30 Primary pattern objective is 1.0039 Acceptance above .9950 next pattern confirmation Failure below .9800 opens a test of .9740 20 Day VWAP bullish, 5 Day VWAP bearish

Tickmill Broker

Type: Bearish Momentum Resistance: 4013.50 Pivot: 3914.50 Support: 3641.00 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 3914.50. which is in line with the overlap resistance and 50% fibonacci retracement to the 1st support at 3641.00 where the 61.8% fibonacci retracement...

Tickmill Broker

Title: Soybean Futures ( ZS1! ), H4 Potential for Bullish Momentum Type: Bullish Momentum Resistance: 1484.50 Pivot: 1350.00 Support: 1375.75 Preferred case: The current bias for ZS1! on the H4 chart is bullish . To add to this bias, the price is currently trading above the Ichimoku cloud , indicating a bullish market. Price had some bullish momentum upwards...

Tickmill Broker

Technical & Trade View SP500 (emini futures continuous contract) Bias: Bullish Above Bearish below 3860 Option Expiry: 3910 Target Achieved…New Pattern Emerging Technicals Primary support is at 3860 Primary pattern objective is 3998 Acceptance above 3925 next pattern confirmation Failure below 3850 opens a test of 3830/20 20 Day VWAP bullish, 5 Day VWAP bullish

Tickmill Broker

Technical & Trade View Nikkei225 (emini futures continuous contract) Bias: Bullish Above Bearish below 27000 Option Expiry: 27635 Target Achieved…New Pattern Emerging Technicals 27000 is primary support Primary pattern objective is 27900 Acceptance above 27635 next pattern confirmation Failure below 26950 opens a test of 26750 20 Day VWAP bullish, 5 Day VWAP bullish

Tickmill Broker

Technical & Trade View Dow Jones (emini futures continuous contract) Bias: Intraday Bullish Above Bearish below 32400 Option Expiry: 32499 Target Achieved…New Pattern Emerging Technicals Intraday 32400 is primary support Primary pattern objective is 33500 Acceptance above 33050 next pattern confirmation Failure below 32200 opens a test of 31900 20 Day VWAP...