Monday 13th March 2023: Technical Outlook and Review
Price has reversed nicely from our 1st support at 1805. Currently, the price is testing our 1st resistance at 181 which lines up with the 50% Fibonacci retracement. If the price were to reverse from this resistance, it could drop to our 1st support at 1805. Our 2nd support is at 1734, which is overlap support.
IC Markets Asia Fundamental Forecast | 13 March 2023
What happened in the US session? US labour data are generally […]
IC Markets Europe Fundamental Forecast | 10 March 2023
What happened in the Asian session? The BoJ maintained its monetary […]
Friday 10th March 2023: Technical Outlook and Review
Price has reversed from 1st resistance area of 105.82, which is an overlap resistance. it could potentially drop to our 1st support at 103.80, which has the 38.2% Fibonacci retracement. The next support level is at 102.79, which is an overlap support that lines up with the 61.8% Fibonacci retracement. Do take of our intermediate support at 105.02
IC Markets Asia Fundamental Forecast | 10 March 2023
What happened in the US session? DXY retreated, following higher-than-expected Unemployment […]
IC Markets Europe Fundamental Forecast | 9 March 2023
What happened in the Asian session? The Final GDP Price Index […]
Thursday 9th March 2023: Asian Stocks See Mixed Results Amidst Global Rate and Inflation Concerns
Global Markets: News & Data: Markets Update: Asian stocks ended mixed […]
Thursday 9th March 2023: Technical Outlook and Review
Price is testing our 1st support level at 1804, which is an overlap support. If the price were to break from this level, we could see it drop back down to the 2nd support level at 1785, which is a major overlap support.
IC Markets Asia Fundamental Forecast | 9 March 2023
What happened in the US session? Fed Chair Powell said again […]
