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Market Analysis

Recent
Friday 29th September 2023: Asia-Pacific Markets Rally, Tokyo’s Inflation Softens, and U.S. Stocks Surge

Global Markets: News & Data: Markets Update: Asia-Pacific markets closed the […]

By IC Markets Global

Technical Analysis
Friday 29th September 2023: Technical Outlook and Review

The DXY chart is currently exhibiting bullish momentum, with its position above the bullish Ichimoku cloud suggesting further bullish activity. In the short term, the price may decline to the 1st support at 105.41, an overlap support reinforced by a 23.60% Fibonacci Retracement, before experiencing a bounce towards the 1st resistance at 106.76.

By IC Markets Global

Recent
IC Markets Europe Fundamental Forecast | 29 September 2023

IC Markets Europe Fundamental Forecast | 29 September 2023 What happened […]

By IC Markets Global

Recent
IC Markets Asia Fundamental Forecast | 29 September 2023

IC Markets Asia Fundamental Forecast | 29 September 2023 What happened […]

By IC Markets Global

Recent
Thursday 28th September 2023: Asia-Pacific and U.S. Markets React to Rising Yields and Oil Prices

Global Markets: News & Data: Markets Update: Asia-Pacific markets largely fell […]

By IC Markets Global

Recent
IC Markets Europe Fundamental Forecast | 28 September 2023

IC Markets Europe Fundamental Forecast | 28 September 2023 What happened […]

By IC Markets Global

Technical Analysis
Thursday 28th September 2023: Technical Outlook and Review

The DXY chart currently exhibits a bullish momentum, with a potential short-term drop to the 1st support at 105.83, identified as a pullback support, before potentially rising towards the 1st resistance. The 2nd support level is at 105.40, marked as an overlap support, serving as another potential floor for prices.

By IC Markets Global

Recent
IC Markets Asia Fundamental Forecast | 28 September 2023

IC Markets Asia Fundamental Forecast | 28 September 2023 What happened […]

By IC Markets Global

Technical Analysis
Wednesday 27th September 2023: Technical Outlook and Review

The DXY chart currently displays bullish momentum, as the price is above the bullish Ichimoku cloud, suggesting a potential bullish continuation towards the 1st resistance.

By IC Markets Global