IC Markets Europe Fundamental Forecast | 12 April 2023
IC Markets Europe Fundamental Forecast | 12 April 2023 What happened […]
Wednesday 12th April 2023: Mixed Start to Trading in Asia as Oil Prices Rise and Tech Shares Dip
Global Markets: News & Data: Markets Update: Asian markets were mixed […]
Wednesday 12th April 2023: Technical Outlook and Review
Gold prices have been showing a bullish momentum, being above the Ichimoku cloud and an ascending trend line. This suggests that prices may rise further. In the short term, prices could potentially make a bullish continuation towards the 1st resistance level.
Tuesday11th April 2023: Technical Outlook and Review
Looking at the DXY chart, the overall momentum is currently bearish. There is potential for a bearish continuation towards the 1st support level at 102.06, which is a pullback support level. If the price were to break below this level, the next support level it could drop to is the 2nd support level at 101.45, which is also a pullback support level.
Monday 10th April 2023: Technical Outlook and Review
Gold prices have been experiencing a bullish trend, with the overall momentum of the chart showing a strong uptrend. While there may be some short-term fluctuations, it is likely that the price will continue its upward trajectory.
Thursday 06th April 2023 Technical Outlook and Review
Looking at the chart, it is possible that price may make a bearish reaction off the 1st resistance level and drop towards the 1st support level at 101.52. This level is a pullback support, which has been significant in the past and could potentially provide a strong support level.
Wednesday 05th April 2023: New Zealand Surprises with Aggressive Rate Hike; Asia Markets Mixed
Global Markets: News & Data: Markets Update: Asian markets were mixed […]
Wednesday 05th April 2023: Technical Outlook and Review
Gold has been showing strong bullish momentum with potential for a bullish break through of the 1st resistance level and rise towards the 2nd resistance level. The overall bias is bullish, with price above an ascending trend line indicating further bullish momentum is on the cards.
Tuesday 04th April 2023: Oil surge lifts energy stocks but weighs on tech sector in Asia
Global Markets: News & Data: Markets Update: Asian markets were mixed, […]
