Friday 5th May 2023: Technical Outlook and Review
The DXY chart is currently showing a bearish bias, with potential for a bearish continuation towards the first support level at 100.84. This level is a multi-swing low support and may provide a level of support for the price if it drops towards this level.
IC Markets Asia Fundamental Forecast | 5 May 2023
IC Markets Asia Fundamental Forecast | 5 May 2023 What happened […]
Friday 5th May 2023: Fed Pause Lifts Gold, Weighs on Dollar and Oil; Asian Stocks Mixed
Global Markets: News & Data: Markets Update: Asian markets ended mixed […]
Thursday 4th May 2023: Technical Outlook and Review
Gold (XAU/USD) is currently showing bullish momentum as the price is in an ascending channel. However, in the short term, the price may drop further to the 1st support level before bouncing back and heading towards the 1st resistance.
IC Markets Europe Fundamental Forecast | 4 May 2023
IC Markets Europe Fundamental Forecast | 4 May 2023 What happened […]
IC Markets Asia Fundamental Forecast | 4 May 2023
IC Markets Asia Fundamental Forecast | 4 May 2023 What happened […]
IC Markets Europe Fundamental Forecast | 3 May 2023
IC Markets Europe Fundamental Forecast | 3 May 2023 What happened […]
Wednesday 3rd May 2023: Banking crisis weighs on Asian stocks ahead of Fed meeting
Global Markets: News & Data: Markets Update: Asian stock markets declined […]
Wednesday 3rd May 2023: Technical Outlook and Review
The DXY chart is currently showing strong bearish momentum with high confidence, triggered by a break below an ascending support line. The price is expected to potentially continue its bearish trend towards the 1st support level at 101.24, which is a multi-swing low support level.
