30th May 2022 Monday: Technical Outlook and Review
On the H4, with price expected to reverse off the stochastics indicator, we have a bearish bias that price will drop to our 1st support at 32646 where the 38.2% Fibonacci retracement is from our 1st resistance at 33221 in line with the swing high resistance.
UK Spring Bank Holiday Trading Schedule – 2022
Dear Trader, Please find our updated trading schedule for the UK Spring Bank Holiday starting from 02nd June, 2022. All times mentioned below are Platform time (GMT +3) Kind Regards, IC Markets
27th May 2022 Friday: Technical Outlook and Review
On the H4, with price expected to reverse off the stochastics indicator, we have a bearish bias that price will drop to our 1st support at 31886 where the 38.2% Fibonacci retracement is from our 1st resistance at 32696 in line with the swing high resistance.
Scheduled Server Maintenance – 28th May 2022
Dear Traders, As part of our commitment to providing the best reliability and service to our customers, we are planning an infrastructure enhancement .
26th May 2022 Thursday: Technical Outlook and Review
On the H4, with price expected to bounce off the ichimoku cloud, we have a bullish bias that price will rise to our 1st resistance at 32696 where the swing high resistance is from our 1st support at 31886 in line with the pullback support, 78.6% fibonacci retracement and 61.8%% fibonacci retracement.
25th May 2022 Wednesday: Technical Outlook and Review
On the H4, with price moving below the ichimoku indicator, we have a bearish bias that price will drop to our 1st support at 30723 where the 127.2% Fibonacci extension and swing low support from our 1st resistance at 31886 in line with the horizontal swing high resistance 78.6% fibonacci projection and 61.8% fibonacci retracement.
24th May 2022 Tuesday: Technical Outlook and Review
On the H4, with price moving below the ichimoku indicator, we have a bearish bias that price will drop to our 1st support at 30723 where the 127.2% Fibonacci extension and swing low support from our 1st resistance at 31894 in line with the horizontal swing high resistance 78.6% fibonacci projection and 61.8% fibonacci retracement.
23rd May 2022 Monday: Technical Outlook and Review
On the H4, with price expected to bounce off the stochastics indicator, we have a bullish bias that price will rise to our 1st resistance at 31835 where the 23.6% Fibonacci retracement from our 1st support at 31167 in line with the horizontal overlap support and 50% fibonacci retracement.
20th May 2022 Friday: Technical Outlook and Review
On the H4, with price expected to bounce off the ichimoku cloud, we have a bullish bias that price will rise to our 1st resistance at 31835 where the 23.6% Fibonacci retracement from our 1st support at 31167 in line with the horizontal overlap support and 50% fibonacci retracement.
