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Market Analysis

Technical Analysis
Wednesday 12th June: ECB President Mario Draghi takes centre stage today – remain vigilant.

EUR/USD: Outlook unchanged due to lacklustre movement. It was a quiet […]

By IC Markets

Technical Analysis
Tuesday 11th June: Greenback attempting a recovery ahead of PPI numbers.

EUR/USD: Following Friday’s NFP-induced advance, the single currency encountered mild downside […]

By IC Markets

Technical Analysis
Monday 10th June: Weekly technical outlook and review.

Total nonfarm payroll employment edged up in May (+75,000); the unemployment rate remained at 3.6% and average hourly earnings also ticked lower by 0.2% vs. expected 0.3%, the US Bureau of Labour Statistics reported Friday.

By IC Markets

Technical Analysis
Thursday 6th June: Greenback derives fresh impetus amid upbeat non-manufacturing data.

EUR/USD: Wednesday witnessed additional USD selling materialise ahead of US trading, […]

By IC Markets

Technical Analysis
Wednesday 5th June: Dollar prints third consecutive daily loss; eyes 97.00.

EUR/USD: In recent sessions, market participants witnessed the EUR/USD’s advance run […]

By IC Markets

Technical Analysis
Tuesday 4th June: Dollar targets 97.00 as Fed’s Bullard unbolts the door for a potential rate cut.

EUR/USD: EUR/USD bulls firmly entered an offensive phase Monday, adding 0.64%. […]

By IC Markets

Technical Analysis
Monday 3rd June: Weekly technical outlook and review

Longer-term flows remain positioned within the lower boundary of a long-standing demand zone at 1.1119-1.1295, despite a marginal breach two weeks ago.

By IC Markets

Technical Analysis
Friday 31st May: US announced a 5% tariff on all goods coming from Mexico; intensifying volatility in early trade.

EUR/USD: For traders who read Thursday’s morning brief you may recall […]

By IC Markets

Technical Analysis
Thursday 30th May: Liquidity may thin today given major European banks closing in observance of Ascension Day.

EUR/USD: Recording its third consecutive daily loss, the EUR/USD is seen […]

By IC Markets