Tuesday 7th March 2023: Optimism in Asian Equities as Investors Eye Powell’s Testimony and Economic Indicators
Global Markets: News & Data: Markets Update: Asian equities gained ground […]
Tuesday 7th March 2023: Technical Outlook and Review
We’re seeing price test major resistance at 80.81 which is a recent swing high resistance. It is worth noting that price is seeing a recent ascending support line suggesting that there might be bullish momentum.
Monday 6th March 2023: Technical Outlook and Review
Price has bounced off from our first support and it could potentially push up to our first resistance level at 1880 with the 50% Fibonacci retracement. However, if the price were to break, it could push up to our second resistance level at 1907 with the 61.8% Fibonacci retracement.
IC Markets Europe Fundamental Forecast | 03 March 2023
What happened across the Asia session? During the session, the Tokyo […]
Friday 03rd March 2023: Technical Outlook and Review
Price has broken out of a recent bearish channel suggesting a bullish move might be on the cards. We’re seeing the 1st resistance at 1864 which is an overlap resistance that lines up with the 38.2% Fibonacci retracement.
Thursday 02nd March 2023: Nikkei soars on inflation cues
Global Markets: News & Data: Markets Update: Most Asian stocks inched […]
Thursday 02nd March 2023: Technical Outlook and Review
Price has broken out of a recent bearish channel suggesting a bullish move might be on the cards. We’re seeing the 1st resistance at 1864 which is an overlap resistance that lines up with the 38.2% Fibonacci retracement.
Wednesday 1st March 2023: Asian markets continue higher
Global Markets: News & Data: Markets Update: Asian stock markets are […]
Wednesday 1st March 2023: Technical Outlook and Review
Price is testing a key 1st support at 1786 area which is a 50% Fibonacci retracement lining up with an overlap support. If price were to bounce from here, it could potentially rise to 1st resistance at 1867 which is a 38.2% Fibonacci retracement.