Technical Analysis

Technical Analysis

Monday 1st July 2024: Technical Outlook and Review

Identified as a pullback support level, specifically at the 50% Fibonacci Retracement, indicating a potential area where buyers could enter the market after a retracement.

By IC Markets

Technical Analysis

Friday 28th June 2024: Technical Outlook and Review

DXY (US Dollar Index): Potential Direction: BullishOverall momentum of the chart: […]

By IC Markets

Technical Analysis

Thursday 27th June 2024: Technical Outlook and Review

Identified as a pullback support, indicating a potential area where buying interests could pick up for price to resume the uptrend.

By IC Markets

Technical Analysis

Wednesday 26th June 2024: Technical Outlook and Review

Identified as an overlap support level, specifically at the 78.60% Fibonacci Retracement, suggesting a significant area where previous declines have found support.

By IC Markets

Technical Analysis

Tuesday 25th June 2024: Technical Outlook and Review

Identified as an overlap support level, specifically at the 38.20% Fibonacci Retracement, indicating a potential area where buyers could enter the market after a retracement.

By IC Markets

Technical Analysis

Monday 24th June 2024: Technical Outlook and Review

Identified as a multi-swing high resistance level, specifically at the 161.80% Fibonacci Extension and 61.80% Fibonacci Projection, indicating Fibonacci confluence.

By IC Markets