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Technical Analysis
27th June 2022 Monday: Technical Outlook and Review

On the H4, with price breaking the ichimoku cloud, we have a bullish bias that price will rise from our 1st support at 31528 where the 50% Fibonacci retracement is to our 1st resistance at 32622  in line with the horizontal pullback resistance and 78.6% Fibonacci retracement.

By IC Markets

Technical Analysis
24th June 2022 Friday: Technical Outlook and Review

On the H4, with price expected to reverse off the ichimoku cloud resistance, we have a bearish bias that price will drop from our 1st resistance at 30795 where the horizontal pullback resistance is to our 1st support at 29748 in line with the horizontal swing low support.

By IC Markets

Technical Analysis
23rd June 2022 Thursday: Technical Outlook and Review

On the H4, with price moving below the ichimoku cloud, we have a bearish bias that price will rise from our 1st resistance at 30795 where the horizontal pullback resistance is to our 1st support at 29748 in line with the horizontal swing low support.

By IC Markets

Technical Analysis
22nd June 2022 Wednesday: Technical Outlook and Review

On the H4, with price expected to bounce off the stochastics indicator, we have a bullish bias that price will rise from our 1st support at 29748 where the 127.2% Fibonacci extension is to our 1st resistance at 30795 in line with the horizontal pullback support.

By IC Markets

Technical Analysis
21st June 2022 Tuesday: Technical Outlook and Review

On the H4, with price expected to bounce off the stochastics indicator, we have a bullish bias that price will rise from our 1st support at 29748 where the 127.2% Fibonacci extension is to our 1st resistance at 30795 in line with the horizontal pullback support.

By IC Markets

Technical Analysis
20th June 2022 Monday: Technical Outlook and Review

On the H4, with price expected to bounce off the stochastics indicator, we have a bullish bias that price will rise from our 1st support at 29839 where the 127.2% Fibonacci extension is to our 1st resistance at 30795 in line with the horizontal pullback support.

By IC Markets

Technical Analysis
17th June 2022 Friday: Technical Outlook and Review

On the H4, with price expected to bounce off the stochastics indicator, we have a bullish bias that price will rise from our 1st support at 30568 where the horizontal swing low support and 61.8% Fibonacci projection is to our 1st resistance at 32592 in line with the horizontal pullback support.

By IC Markets

Technical Analysis
16th June 2022 Thursday: Technical Outlook and Review

On the H4, with price expected to bounce off the stochastics indicator, we have a bullish bias that price will rise from our 1st support at 30568 where the horizontal swing low support and 61.8% Fibonacci projection is to our 1st resistance at 32592 in line with the horizontal pullback support.

By IC Markets

Technical Analysis
15th June 2022 Wednesday: Technical Outlook and Review

On the H4, with price expected to bounce off the stochastics indicator, we have a bullish bias that price will rise from our 1st support at 30568 where the horizontal swing low support and 61.8% Fibonacci projection is to our 1st resistance at 32592 in line with the horizontal pullback support.

By IC Markets