Technical Analysis - Tickmill Expert Blog - Forex Traders Blog

NIKKEI approaching ascending trendline, potential for a bounce

Prices is approaching Pivot, in line with 61.8% Fibonacci retraceemnt, 78.6% Fibonacci extension, ascending trendline support and horizontal swing low support. We could see a bounce and further rise...

Russian Ruble Dives Under 73, But Could Recover!

Good day,Russian ruble entered the supporting zone formed between the levels 72.30 and 73.00. In this zone, the asset’s price could jump. However, it could also drop till the level of 72.50. So, let’s...

USDJPY, H1 is currently facing bearish pressure, potential drop if we break below 110.10.

USDJPY, H1 is seeing bearish pressure below the 110.30 area. If prices break below the 110.10 area which happens to be a 100% Fibonacci extension and a 127.2% Fibonacci retracement, we could see a...

BTCUSD, H1 seeing strong bullish momentum

BTCUSD, H1 is seeing a strong ascending support along with 55EMA support holding it up nicely. It's also bouncing right above a strong Fibonacci confluence area where it could bounce up to 1st...

Nikkei, H1 facing bearish pressure, potential for further downside

Nikkei, H1 is seeing strong bearish pressure a recent descending resistance line. It also coincides with a 38.2% Fibonacci retracement and a pullback resistance. A drop from here could push prices all...

USDJPY, H1 is seeing strong bullish momentum, awaiting upside confirmation at 109.90.

USDJPY, H1 is seeing strong ascending trendline support along with moving average support which is holding price up really nicely. There's big resistance at the 109.90 area which price needs to break...

BTCUSD, H1 facing bearish pressure, potential for a reversal.

BTCUSD, H1 is facing bearish pressure from a recent descending resistance line. There's also multiple Fibonacci retracements at the 39200 level where a potential reversal could occur pushing prices...

Oil Forecast: Potential Drop Ahead

Good day,Currently, oil is testing the resistance at the level of 71.30. The question is, will the oil manage to break this level or drop? So, it will be interesting to check what the asset is going...

USDJPY, H4 bouncing above key support, potential for further upside

USDJPY, H4 is seeing strong support above 109.30 where there is a 50% fibonacci retracement and a 61.8% Fibonacci extension. This also coincides well with the moving average support we're seeing.Price...