Wednesday 01st February 2023 : Technical Outlook and Review
Looking at the H4 chart, my overall bias for S&P500 is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. If this bullish momentum continues, expect the price to possibly break the 1st resistance at 4109.25, where the recent high is, before heading towards the 2nd resistance at 4180.00, where the previous swing high is.
IC Markets Asia Fundamental Forecast | 01 February 2023
The NZDUSD traded down to test the 0.6410 price area but failed to break below the support level. The NZDUSD could continue to range between the 0.64 and 0.65 price level if the round number support levels hold.
IC Markets Europe Fundamental Forecast | 31 January 2023
What happened across the Asia session? Most major currencies continued to […]
Tuesday 31st January 2023 : Technical Outlook and Review
If this bullish momentum continues, expect the price to continue heading towards the 1st resistance at 4119.97, where the 78.6% Fibonacci line is. In an alternative scenario, price could possibly head back down to break the 1st support at 3888.39, where the 50% Fibonacci line is, before heading towards the 2nd support at 3764.49, where the recent swing low is.
IC Markets Asia Fundamental Forecast | 31 January 2023
What happened in the US session? The DXY strengthened against the […]
IC Markets Europe Fundamental Forecast | 30 January 2023
What happened across the Asia session? The major currencies traded slightly […]
Monday 30th January 2023 : Asian markets tread cautiously
Global Markets: News & Data: Markets Update: Asian stock markets are […]
Monday 30th January 2023 : Technical Outlook and Review
Looking at the H4 chart, my overall bias for S&P500 is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. If this bullish momentum continues, expect the price to continue heading towards the 1st resistance at 4119.97, where the 78.6% Fibonacci line is.
IC Markets Asia Fundamental Forecast | 30 January 2023
What happened in the US session? The major currencies traded with […]
