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Technical Analysis
Tuesday 13th August: US dollar index constrained by weekly resistance at 97.72.

Key risk events today: UK Average Earnings Index 3m/y; UK Claimant […]

By IC Markets Global

Technical Analysis
Monday 12th August: Weekly technical outlook and review

Friday’s GDP statistics came in worse than markets had expected after it was revealed the economy shrank 0.2% in the second quarter of 2019. The disappointing surprise was immediately registered in sterling exchange rate markets, with the GBP/USD concluding the day down nearly 1.00%.

By IC Markets Global

Technical Analysis
Friday 9th August: Dollar index hampered by long-term weekly resistance at 97.72.

Key risk events today: UK GDP m/m; UK Manufacturing Production m/m; […]

By IC Markets Global

Technical Analysis
Thursday 8th August: Technical outlook and review.

Key risk events today: Limited. EUR/USD: Since Tuesday, the H4 candles […]

By IC Markets Global

Technical Analysis
Wednesday 7th August: Dollar index attempts recovery though remains capped by notable resistance.

Key risk events today: German Industrial Production m/m; RBA Assist Gov. […]

By IC Markets Global

Technical Analysis
Tuesday 6th August: Dollar index eyes 97.00 after engulfing key support at 97.72.

Key risk events today: RBA Cash Rate and Rate Statement; FOMC […]

By IC Markets Global

Technical Analysis
Monday 5th August: Weekly technical outlook and review.

Europe’s single currency relinquished additional ground to the dollar last week, clocking multi-year lows of 1.1026. Long-standing demand at 1.1119-1.1295, which capped downside since November 2018, is now in a vulnerable position after having its lower edge firmly submerged.

By IC Markets Global

Technical Analysis
Friday 2nd August: Dollar reclaims a portion of gains ahead of today’s employment data.

Key risk events today: Canada Trade Balance; US Average Hourly Earnings, […]

By IC Markets Global

Technical Analysis
Thursday 1st August: Dollar hits highest level since May 2017 following latest Fed movement.

Key risk events today: Swiss banks are closed in observance of […]

By IC Markets Global