Thursday 13th April 2023: Technical Outlook and Review
Gold has been displaying bullish momentum on the chart, with the price above a major ascending trend line. This suggests further bullish momentum could be on the cards for XAU/USD.
IC Markets Asia Fundamental Forecast | 13 April 2023
IC Markets Asia Fundamental Forecast | 13 April 2023 What happened […]
IC Markets Europe Fundamental Forecast | 12 April 2023
IC Markets Europe Fundamental Forecast | 12 April 2023 What happened […]
Wednesday 12th April 2023: Mixed Start to Trading in Asia as Oil Prices Rise and Tech Shares Dip
Global Markets: News & Data: Markets Update: Asian markets were mixed […]
Wednesday 12th April 2023: Technical Outlook and Review
Gold prices have been showing a bullish momentum, being above the Ichimoku cloud and an ascending trend line. This suggests that prices may rise further. In the short term, prices could potentially make a bullish continuation towards the 1st resistance level.
Tuesday11th April 2023: Technical Outlook and Review
Looking at the DXY chart, the overall momentum is currently bearish. There is potential for a bearish continuation towards the 1st support level at 102.06, which is a pullback support level. If the price were to break below this level, the next support level it could drop to is the 2nd support level at 101.45, which is also a pullback support level.
Monday 10th April 2023: Technical Outlook and Review
Gold prices have been experiencing a bullish trend, with the overall momentum of the chart showing a strong uptrend. While there may be some short-term fluctuations, it is likely that the price will continue its upward trajectory.
Thursday 06th April 2023: Technical Outlook and Review
Looking at the chart, it is possible that price may make a bearish reaction off the 1st resistance level and drop towards the 1st support level at 101.52. This level is a pullback support, which has been significant in the past and could potentially provide a strong support level.
Wednesday 05th April 2023: New Zealand Surprises with Aggressive Rate Hike; Asia Markets
Global Markets: News & Data: Markets Update: Asian markets were mixed […]
