ICMarket

Technical Analysis

Technical Analysis
Monday 29th April 2024: Technical Outlook and Review

Pullback support at the 61.80% Fibonacci Retracement level, indicating a significant level where buyers might step in to support the price, potentially providing a foundation for a bounce or continuation of the bullish momentum.

By IC Markets Global

Technical Analysis
Friday 26th April 2024: Technical Outlook and Review

Acts as an overlap support that aligns with a 38.2% Fibonacci retracement level, indicating a significant level where buying interests have increased recently which could lead to a potential rebound.

By IC Markets Global

Technical Analysis
Thursday 25th April 2024: Technical Outlook and Review

An Overlap resistance, indicating a significant level where selling pressure might intensify, potentially leading to a continuation of the bearish momentum.

By IC Markets Global

Technical Analysis
Wednesday 24th April 2024: Technical Outlook and Review

An Overlap resistance, indicating a level where selling pressure might intensify, potentially leading to a continuation of the bearish momentum.

By IC Markets Global

Technical Analysis
Tuesday 23rd April 2024: Technical Outlook and Review

Multi-swing high resistance, indicating a significant level where selling pressure might intensify, potentially leading to a reversal or continuation of the bullish momentum.

By IC Markets Global

Technical Analysis
Monday 22nd April 2024: Technical Outlook and Review

Pullback support, indicating a level where buying pressure might increase, potentially providing a foundation for a bounce or continuation of the bullish momentum.

By IC Markets Global

Technical Analysis
Friday 19th April 2024: Technical Outlook and Review

An Overlap support, indicating a significant level where buying interest might be present, potentially providing a foundation for further upside movement.

By IC Markets Global

Technical Analysis
Thursday 18th April 2024: Technical Outlook and Review

An Overlap support, indicating a significant level where buyers might step in to support the price, potentially leading to a reversal or temporary halt in the bullish momentum.

By IC Markets Global

Technical Analysis
Wednesday 17th April 2024: Technical Outlook and Review

An Overlap support, indicating a significant level where buyers might step in to support the price, potentially leading to a reversal or temporary halt in the bullish momentum.

By IC Markets Global