18th August 2022 Thursday: Technical Outlook and Review
On the H4, with prices moving above the ichimoku indicator, we have a bullish bias that the price will rise to 1st resistance at 4278.78 where the overlap resistance is. Once there is upside confirmation that price has broken the 1st resistance structure, we would expect bullish momentum to carry price to 2nd resistance at 4420.02 where the pullback resistance, 78.6% fibonacci retracement and -61.8% fibonacci expansion are.
17th August 2022 Wednesday: Technical Outlook and Review
On the H4, with prices moving above the ichimoku indicator, we have a bullish bias that price will rise from 1st support at 4278.78 where the overlap support is to the 1st resistance at 4420.02 where the pullback resistance, 78.6% fibonacci retracement and -61.8% fibonacci expansion are.
IC Markets release series two of IC Your Trade Podcast
Sydney, Australia: IC Markets announced series two of their informative and […]
16th August 2022 Tuesday: Technical Outlook and Review
On the H4, with prices moving above the ichimoku indicator, we have a bullish bias that price will rise from 1st support at 4278.78 where the overlap support is to the 1st resistance at 4420.02 where the pullback resistance, 78.6% fibonacci retracement and -61.8% fibonacci expansion are.
15th August 2022 Monday: Technical Outlook and Review
Once there is upside confirmation that price has broken 1st resistance structure, we would expect bullish momentum to carry price to 2nd resistance at 4420.02 where the pullback resistance, 78.6% fibonacci retracement and -61.8% fibonacci expansion are. Alternatively, price could drop to 1st support at 4182.68 where the pullback support is.
12th August 2022 Friday: Technical Outlook and Review
On the H4, with price reversing off the stochastic resistance, we have a bearish bias that price will drop to our 1st support at 4182.68 where the pullback support is. Once there is downside confirmation that price has broken the 1st support structure, we would expect bearish momentum to carry price to 2nd support at 4087.73 where the pullback support is.
11th August 2022 Thursday: Technical Outlook and Review
On the H4, with price breaking out of the ascending channel and reversing off the stochastic resistance, we have a bearish bias that price will drop to our 1st support at 4087.73 where the overlap support, 23.6% fibonacci retracement and 100% fibonacci projection are.
10th August 2022 Wednesday: Technical Outlook and Review
On the H4, with price breaking out of the ascending channel and reversing off the stochastic resistance, we have a bearish bias that price will drop to our 1st support at 4087.73 where the overlap support, 23.6% fibonacci retracement and 100% fibonacci projection are.
IC Markets becomes Official Global Partner for Rugby World Cup Sevens
MEDIA RELEASE 8th August 2022 IC Markets becomes Official Global Partner […]
