Wednesday 12th July 2023: Technical Outlook and Review
The intermediate support level is found at 101.39 and is characterized as a pullback support. This level also aligns with a 127.20% Fibonacci extension and a 78.60% Fibonacci projection levels, enhancing its significance as a potential stabilization point in the event of a price decline.
IC Markets Asia Fundamental Forecast | 12 July 2023
IC Markets Asia Fundamental Forecast | 12 July 2023 What happened […]
Tuesday 11th July 2023: Asia-Pacific Markets Rally as Wall Street Rebounds, Australia Ends Losing Streak
Global Markets: News & Data: Markets Update: Asian markets experienced a […]
IC Markets Europe Fundamental Forecast | 11 July 2023
IC Markets Europe Fundamental Forecast | 11 July 2023 What happened […]
Tuesday 11th July 2023: Technical Outlook and Review
The 1st support level is positioned at 1912.34 and is classified as an overlap support, offering considerable stability for the price. Should the price descend below this level, it may encounter another protective layer at the 2nd support, identified at 1900.86, a noteworthy swing low support.
IC Markets Asia Fundamental Forecast | 11 July 2023
IC Markets Asia Fundamental Forecast | 11 July 2023 What happened […]
IC Markets Europe Fundamental Forecast | 10 July 2023
IC Markets Europe Fundamental Forecast | 10 July 2023 What happened […]
Monday 10th July 2023: Technical Outlook and Review
The DXY (US Dollar Index) chart currently demonstrates a bearish momentum, indicating a downward bias in the market. This is supported by the price being below a major descending trend line, which suggests the potential continuation of the bearish trend.
IC Markets Asia Fundamental Forecast | 10 July 2023
IC Markets Asia Fundamental Forecast | 10 July 2023 What happened […]
