Thursday 20th April 2023: Technical Outlook and Review
Gold (XAU/USD) continues to show a bearish momentum on the chart. Currently, the price is expected to break below the 1st support level and drop towards the 2nd support level. The 1st support level is at 1982.58, which is a good level because it is an overlap support.
IC Markets Asia Fundamental Forecast | 20 April 2023
IC Markets Asia Fundamental Forecast | 20 April 2023 What happened […]
Wednesday 19th April 2023: Asian Markets Mixed as Investors Await US Economic Data
Global Markets: Asian Stock Markets : Nikkei down 0.18%, Shanghai Composite […]
IC Markets Europe Fundamental Forecast | 19 April 2023
IC Markets Europe Fundamental Forecast | 19 April 2023 What happened […]
Wednesday 19th April 2023: Technical Outlook and Review
The US Dollar Index (DXY) is currently experiencing a bearish momentum with a potential for further downward movement. The first support level is at 101.51, which is an overlap support and coincides with the 50% Fibonacci retracement level. The second support level is at 100.86, which is a multi-swing low support level.
IC Markets Asia Fundamental Forecast | 19 April 2023
IC Markets Asia Fundamental Forecast | 19 April 2023 What happened […]
Tuesday 18th April 2023: China’s GDP Data in Focus as Asian Markets End Mixed; Commodities Slide
Global Markets: News & Data: Markets Update: Asian markets ended mixed […]
Tuesday 18th April 2023: Technical Outlook and Review
The XAU/USD chart is currently showing bullish momentum, and the price could potentially drop in the short term towards the 1st support at 1997.12, which is a strong overlap support level and also aligns with the 23.6% Fibonacci retracement level.
IC Markets Asia Fundamental Forecast | 18 April 2023
IC Markets Asia Fundamental Forecast | 18 April 2023 What happened […]
