Thursday 02nd March 2023: Technical Outlook and Review
Price has broken out of a recent bearish channel suggesting a bullish move might be on the cards. We’re seeing the 1st resistance at 1864 which is an overlap resistance that lines up with the 38.2% Fibonacci retracement.
IC Markets Europe Fundamental Forecast | 01 March 2023
What happened across the Asia session? The Aussie year-on-year CPI has […]
Wednesday 1st March 2023: Asian markets continue higher
Global Markets: News & Data: Markets Update: Asian stock markets are […]
IC Markets Asia Fundamental Forecast | 01 March 2023
What happened in the US session? The US CB Consumer Confidence […]
Wednesday 1st March 2023: Technical Outlook and Review
Price is testing a key 1st support at 1786 area which is a 50% Fibonacci retracement lining up with an overlap support. If price were to bounce from here, it could potentially rise to 1st resistance at 1867 which is a 38.2% Fibonacci retracement.
IC Markets Europe Fundamental Forecast | 28 February 2023
What happened across the Asia session? Most major currencies consolidated through […]
Tuesday 28th February 2023 : Asian markets trade higher on global cues
Global Markets: News & Data: Markets Update: Asian stock markets are […]
IC Markets Asia Fundamental Forecast | 28 February 2023
What happened in the US session? The DXY retraced from the […]
Tuesday 28th February 2023 : Technical Outlook and Review
Looking at the H4 chart, my overall bias for USDJPY is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. To add confluence to this bias, price is also along an ascending trendline.
