Thursday 23rd February 2023 : Japanese markets closed on account of Emperor’s birthday
The Australian stock market is modestly lower on Thursday, extending the losses in the previous two sessions, with the benchmark S&P/ASX 200 falling below the 7,300 level, following the mixed cues from Wall Street overnight, with weakness in mining and energy stocks amid tumbling commodity prices.
Thursday 23rd February 2023 : Technical Outlook and Review
Looking at the H4 chart, my overall bias for USDJPY 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 138.175, where the previous swing high is.
Wednesday 22nd February 2023 : Asian markets tiptoe thru the week
Global Markets: News & Data: Markets Update: Asian stock markets are […]
Wednesday 22nd February 2023 : Technical Outlook and Review
Looking at the H4 chart, my overall bias for S&P500 is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. If this bearish momentum continues, expect the price to continue heading towards the 1st support at 3973.25 which is the overlap support and slightly above where the 61.8% Fibonacci line is.
Tuesday 21st February 2023 : Asian markets lower on geopolitical cues
Global Markets: News & Data: Markets Update: Asian stocks drifted lower […]
Tuesday 21st February 2023 : Technical Outlook and Review
Looking at the H4 chart, my overall bias for S&P500 is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. If this bearish momentum continues, expect the price to possibly break the 1st support at 4056.75, where the overlap support and 38.2% Fibonacci line is, before heading towards the 2nd support at 3973.25 which is the overlap support and slightly above where the 61.8% Fibonacci line is.
Monday 20th February 2023 : Asian markets try to shore up hopes
Global Markets: News & Data: Markets Update: Asian stocks traded mixed […]
IC Markets Asia Fundamental Forecast | 20 February 2023
What happened in the US session? The DXY traded with significant […]
Monday 20th February 2023 : Technical Outlook and Review
Looking at the H4 chart, my overall bias for USDJPY 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 134.650, where the overlap resistance is before heading towards the 2nd resistance at 138.175, where the previous swing high is.
