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Technical Analysis
10th June 2022 Friday: Technical Outlook and Review

On the H4, with price breaking the ascending trend line on the RSI, we have a bearish bias that price will drop to our 1st support at 31876 in line with the horizontal pullback support and the 76.8% Fibonacci retracement and 61.8% Fibonacci projection from our 1st resistance at 32625 where the pullback resistance is.

By IC Markets

Technical Analysis
09th June 2022 Thursday: Technical Outlook and Review

On the H4, with RSI moving in an ascending trendline, we have a bullish bias that price will rise from our 1st support at 32685 where the horizontal swing low support and 38.2% fibonacci retracement are to our 1st resistance at 34042 in line with the swing high resistance and 161.8% Fibonacci extension.

By IC Markets

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Notice regarding client historical data

Dear Traders, As part of the process to improve our server performance, we have updated certain features. As of 10/06/22, the historical data before 2020 will no longer be available on clients' trade accounts.

By IC Markets

Technical Analysis
08th June 2022 Wednesday: Technical Outlook and Review

On the H4, with price moving above the ichimoku cloud, we have a bullish bias that price will rise from our 1st support at 32607 where the horizontal pullback support is to our 1st resistance at 34042 in line with the swing high resistance and 161.8% Fibonacci extension.

By IC Markets

Technical Analysis
07th June 2022 Tuesday: Technical Outlook and Review

On the H4, with price moving above the ichimoku cloud, we have a bullish bias that price will rise from our 1st support at 32607 where the horizontal pullback support is to our 1st resistance at 33436 in line with the swing high resistance and 127.2% Fibonacci extension.

By IC Markets

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Amazon (AMZN.NAS) Stock Split

Please be informed that Amazon (AMZN.NAS) has scheduled a 20-for-1 stock split for the 6th of June 2022. This means that the common stock of AMZN.NAS will be trading at the split-adjusted price from market open time on the 6th of June onwards.

By IC Markets

Technical Analysis
06th June 2022 Monday: Technical Outlook and Review

On the H4, with price moving above the ichimoku cloud, we have a bullish bias that price will rise from our 1st support at 32607 where the horizontal pullback support is to our 1st resistance at 33436 in line with the swing high resistance and 127.2% Fibonacci extension.

By IC Markets

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Scheduled Server Maintenance – 04th June 2022

Scheduled Server Maintenance – 04th June 2022

By IC Markets

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Hong Kong Bank Holiday Trading Schedule – 2022

Dear Trader, Please find our updated Trading schedule for the Hong Kong Bank Holiday on Friday, 03rd June 2022. Times mentioned below are Platform time (GMT +3). 

By IC Markets