Tuesday 11th July 2023: Technical Outlook and Review
The 1st support level is positioned at 1912.34 and is classified as an overlap support, offering considerable stability for the price. Should the price descend below this level, it may encounter another protective layer at the 2nd support, identified at 1900.86, a noteworthy swing low support.
IC Markets Asia Fundamental Forecast | 11 July 2023
IC Markets Asia Fundamental Forecast | 11 July 2023 What happened […]
IC Markets Europe Fundamental Forecast | 10 July 2023
IC Markets Europe Fundamental Forecast | 10 July 2023 What happened […]
Monday 10th July 2023: Mixed Performance in Asia-Pacific Markets as Investors Await Inflation Reports
Global Markets: News & Data: Markets Update: Asia-Pacific markets exhibited a […]
Monday 10th July 2023: Technical Outlook and Review
The DXY (US Dollar Index) chart currently demonstrates a bearish momentum, indicating a downward bias in the market. This is supported by the price being below a major descending trend line, which suggests the potential continuation of the bearish trend.
IC Markets Asia Fundamental Forecast | 10 July 2023
IC Markets Asia Fundamental Forecast | 10 July 2023 What happened […]
Friday 7th July 2023: Asia-Pacific Markets Decline on Strong US Jobs Data as Oil and Precious Metals Hold Steady
Global Markets: News & Data: Markets Update: Markets in the Asia-Pacific […]
IC Markets Europe Fundamental Forecast | 7 July 2023
IC Markets Europe Fundamental Forecast | 7 July 2023 What happened […]
Friday 7th July 2023: Technical Outlook and Review
The DXY chart indicates a prevailing bearish momentum, implying a likelihood of further downward movement in the market. The price has the potential for a bearish continuation, targeting the 1st support level located at 102.75.
