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Market Analysis

Technical Analysis
Friday 17th February 2023 : Technical Outlook and Review

Looking at the H4 chart, my overall bias for S&P500 is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. If this bullish momentum continues, expect the price to possibly break the 1st resistance at 4147.58, where the 78.6% Fibonacci line is, before heading towards the 2nd resistance at 4325.28  where the previous swing high is.

By IC Markets Global

Market Analysis
IC Markets Europe Fundamental Forecast | 16 February 2023

What happened across the Asia session? Most major currencies consolidated during […]

By IC Markets Global

Recent
Thursday 16th February 2023 : Asian markets trade higher on global supports

Global Markets: News & Data: Markets Update: Asian stock markets are […]

By IC Markets Global

Technical Analysis
Thursday 16th February 2023 : Technical Outlook and Review

If this bullish momentum continues, expect the price to possibly break the 1st resistance at 4208.50, where the recent swing high is., before heading towards the 2nd resistance at 4327.50 where the previous swing high is, In an alternative scenario, price could possibly head back down to retest the 1st support at 4090.00, where the 50% Fibonacci line is.

By IC Markets Global

Market Analysis
IC Markets Asia Fundamental Forecast | 16 February 2023

What happened in the US session? The DXY rose briefly against […]

By IC Markets Global

Market Analysis
IC Markets Europe Fundamental Forecast | 15 February 2023

What happened across the Asia session? Most major currencies traded lower […]

By IC Markets Global

Technical Analysis
Wednesday 15th February 2023 : Technical Outlook and Review

If this bullish momentum continues, expect the price to possibly break the 1st resistance at 4208.50, where the recent swing high is., before heading towards the 2nd resistance at 4327.50 where the previous swing high is, In an alternative scenario, price could possibly head back down to retest the 1st support at 4090.00, where the 50% Fibonacci line is.

By IC Markets Global

Market Analysis
IC Markets Asia Fundamental Forecast | 15 February 2023

What happened in the US session? The DXY traded with significant […]

By IC Markets Global

Market Analysis
IC Markets Europe Fundamental Forecast | 14 February 2023

What happened across the Asia session? Most major currencies consolidated against […]

By IC Markets Global

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