Market Analysis - Tickmill Expert Blog - Forex Traders Blog

Market Spotlight: Tesla Shares Fall On China Lockdown Impact

Tesla Shares Fall Lower Again This Week Tesla shares continue to plunge lower this week. The company has undergone a sharp shift in sentiment since the test of 1142.17 highs with shares having now...

Market Spotlight: EURCAD Breakout on Watch

EURCAD Testing Channel TopPrice action in EURCAD is looking interesting here. The pair has been grinding steadily lower within a well-respected bear channel over the course of 2022 so far. However,...

Market Spotlight: AUDJPY Pattern Play

AUDJPY Key Level on Watch Putting the focus back on AUDJPY this week. A previously highlighted setup is still in the offing here. The market is potentially carving out a head and shoulders pattern,...

Market Spotlight: AUDUSD Looking To Break Lows

AUDUSD Big Level on WatchHeavy risk aversion as we kick off the new week has seen commodity-linked currencies getting hit hard. Chief among them is the Aussie which has broken down through last week’s...

Market Spotlight: GBPCAD Hits Final Target

GBP Under Pressure The short trade issued in GBPCAD from the break of 1.6293 has now hit its final target at 1.5899. Yesterday’s BOE meeting saw the UK central bank issuing a warning of a massive...

Market Spotlight: GBPNZD Structure Trade

GBPNZD Bear Flag on Watch Price action in GBPNZD is looking interesting here. The pair has been moving in a well-defined, corrective bull channel over the last month or so. Given the heavy decline...

Market Spotlight: Short GBPAUD Opportunities for BOE Today

BOE Up NextToday’s BOE rate decision will be the main focus for FX traders. On the back of the .5% hike from the Fed yesterday, some market participants are adjusting their views, anticipating a...

Market Spotlight: Gold At Key Support Ahead of FOMC

FOMC Up NextThe FOMC meeting later todayholds the potential to be a key, near-term catalyst for FX price action. Withtraders expecting the Fed to hike rates by .5%, the focus now will be one...

Market Spotlight: Still Short GBPCAD

GBPCAD Remains Under PressureThe short idea issued inGBPCAD has seen the market trading down towards the target at 1.5894. While we’veseen a little corrective action recently, the bias remains firmly...