ICMarket

Market Analysis

Technical Analysis
Friday 20th October 2023: Technical Outlook and Review

The DXY (US Dollar Index) chart currently displays an overall neutral momentum, suggesting a potential scenario for price to fluctuate between the 1st resistance and the 1st support levels. However, the Relative Strength Index (RSI) is displaying bullish divergence versus price, indicating the likelihood of a bullish move towards the 1st resistance level.

By IC Markets

Recent
IC Markets Asia Fundamental Forecast | 20 October 2023

IC Markets Asia Fundamental Forecast | 20 October 2023 What happened […]

By IC Markets

Recent
Thursday 19th October 2023: Asia-Pacific Markets Plunge as U.S. Yields Surge

Global Markets: News & Data: Markets Update: The Asia-Pacific markets witnessed […]

By IC Markets

Recent
IC Markets Europe Fundamental Forecast | 19 October 2023

IC Markets Europe Fundamental Forecast | 19 October 2023 What happened […]

By IC Markets

Technical Analysis
Thursday 19th October 2023: Technical Outlook and Review

The DXY (US Dollar Index) chart currently displays a bullish overall momentum, suggesting the potential scenario of a bullish continuation towards the 1st resistance level.

By IC Markets

Recent
IC Markets Asia Fundamental Forecast | 19 October 2023

IC Markets Asia Fundamental Forecast | 19 October 2023 What happened […]

By IC Markets

Recent
IC Markets Europe Fundamental Forecast | 18 October 2023

IC Markets Europe Fundamental Forecast | 18 October 2023 What happened […]

By IC Markets

Recent
Wednesday 18th October 2023: Asia’s Markets React to Strong Chinese Economic Data, U.S. Yield Surge

Global Markets: News & Data: Markets Update: Asia’s markets had a […]

By IC Markets

Technical Analysis
Wednesday 18th October 2023: Technical Outlook and Review

The DXY chart currently exhibits bearish momentum, with the potential scenario of a bearish break below the 1st support level, targeting the 2nd support level.

By IC Markets