Friday 5th May 2023: Fed Pause Lifts Gold, Weighs on Dollar and Oil; Asian Stocks Mixed
Global Markets: News & Data: Markets Update: Asian markets ended mixed […]
Thursday 4th May 2023: Technical Outlook and Review
Gold (XAU/USD) is currently showing bullish momentum as the price is in an ascending channel. However, in the short term, the price may drop further to the 1st support level before bouncing back and heading towards the 1st resistance.
IC Markets Europe Fundamental Forecast | 4 May 2023
IC Markets Europe Fundamental Forecast | 4 May 2023 What happened […]
IC Markets Asia Fundamental Forecast | 4 May 2023
IC Markets Asia Fundamental Forecast | 4 May 2023 What happened […]
IC Markets Europe Fundamental Forecast | 3 May 2023
IC Markets Europe Fundamental Forecast | 3 May 2023 What happened […]
Wednesday 3rd May 2023: Technical Outlook and Review
The DXY chart is currently showing strong bearish momentum with high confidence, triggered by a break below an ascending support line. The price is expected to potentially continue its bearish trend towards the 1st support level at 101.24, which is a multi-swing low support level.
IC Markets Asia Fundamental Forecast | 3 May 2023
IC Markets Asia Fundamental Forecast | 3 May 2023 What happened […]
IC Markets Europe Fundamental Forecast | 2 May 2023
IC Markets Europe Fundamental Forecast | 2 May 2023 What happened […]
Tuesday 2nd May 2023: Technical Outlook and Review
The DXY chart is currently experiencing a bearish momentum. The price is below a major descending trend line, suggesting that bearish momentum is on the cards. Additionally, the price is testing a descending trend line which acts as resistance.
