ICMarket

Technical Analysis

Technical Analysis
Thursday 11th April 2024: Technical Outlook and Review

Acts as Pullback resistance with a 127.20% Fibonacci Extension, indicating a key level where selling pressure might intensify, suggesting a potential turning point for the price to reverse and move downwards despite the prevailing bullish trend.

By IC Markets

Technical Analysis
Tuesday 9th April 2024: Technical Outlook and Review

Acts as a pullback support that aligns with a 61.8% Fibonacci projection level, indicating a key level where buying interest might intensify, suggesting a solid foundation for a potential upward movement within the context of the overall bullish trend.

By IC Markets

Technical Analysis
Monday 8th April 2024: Technical Outlook and Review

Factors contributing to the momentum include the price being above the bullish Ichimoku cloud, indicating a strong bullish sentiment.

By IC Markets

Technical Analysis
Friday 5th April 2024: Technical Outlook and Review

DXY (US Dollar Index): Potential Direction: Bullish Overall momentum of the […]

By IC Markets

Technical Analysis
Thursday 4th April 2024: Technical Outlook and Review

Acts as an Overlap support with a 50% Fibonacci Retracement, indicating a key level where buying interest might intensify, suggesting a solid foundation for a potential upward movement within the context of the overall bullish trend.

By IC Markets

Technical Analysis
Wednesday 3rd April 2024: Technical Outlook and Review

Acts as an Overlap support with a 50% Fibonacci Retracement, indicating a key level where buying interest might intensify, suggesting a solid foundation for a potential upward movement within the context of the overall bullish trend.

By IC Markets

Technical Analysis
Tuesday 2nd April 2024: Technical Outlook and Review

Acts as an Overlap resistance with a 61.80% Fibonacci Retracement and a 61.80% Fibonacci Projection, indicating a significant level of Fibonacci confluence.

By IC Markets

Technical Analysis
Monday 1st April 2024: Technical Outlook and Review

Acts as an Overlap resistance with a 61.80% Fibonacci Retracement and a 61.80% Fibonacci Projection, indicating a significant level of Fibonacci confluence.

By IC Markets

Technical Analysis
Thursday 28th March 2024: Technical Outlook and Review

Acts as an Overlap resistance, indicating a key level where selling pressure might intensify, suggesting a pivotal spot for potential downturns in price movement.

By IC Markets