ICMarket

Technical Analysis

Technical Analysis
Monday 25th May: Weekly Technical Outlook and Review

In spite of clocking session highs at 1.1008, the attempt to regain footing above the 2016 yearly opening level at 1.0873 was abruptly denied, consequently reclaiming a large portion of the week’s upside.

By IC Markets

Technical Analysis
Friday 22nd May: Technical Outlook and Review

Key risk events today: BoJ Monetary Policy Statement and Press Conference; […]

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Technical Analysis
Thursday 21st May: Technical Outlook and Review

Key risk events today: RBA Gov Lowe Speaks; French Flash Services […]

By IC Markets

Technical Analysis
Wednesday 20th May: Technical Outlook and Review.

Key risk events today: UK Inflation; Canada Inflation; BoE Gov. Bailey […]

By IC Markets

Technical Analysis
Tuesday 19th May: Technical Outlook and Review

The euro kicked off the week strongly amid heightened risk appetite. EUR/USD rebounded from 1.08 following a slowing in Eurozone COVID-19 cases and reports France and Germany are now backing joint EU debt issuance.

By IC Markets

Technical Analysis
Monday 18th May: Weekly Technical Outlook and Review

EUR/USD retained a modest offer over the course of last week, testing and holding south of the 2016 yearly opening level at 1.0873. A bump lower this week could have multi-year lows enter at 1.0635, while firming may eventually witness the 2020 yearly opening level at 1.1222 make a play.

By IC Markets

Technical Analysis
Friday 15th May: Technical Outlook and Review

Key risk events today: China Fixed Asset Investment ytd/y and Industrial […]

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Technical Analysis
Thursday 14th May: Technical Outlook and Review

Key risk events today: Australia Job’s Data; New Zealand Annual Budget […]

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Technical Analysis
Wednesday 13th May: Technical Outlook and Review

Key risk events today: Australia Wage Price Index q/q; RBNZ Official […]

By IC Markets