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Scheduled Maintenance to Customer Support – November 20

Dear Trader, Due to routine maintenance, our automated chat service may […]

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Technical Analysis
Thursday 18th November: Technical Outlook and Review

On the H4, with price testing the support on the ascending trendline, the support of the ichimoku cloud and the horizontal overlap support at 1st support in line with the 38.2% Fibonacci retracement at 36160, we are biased that price will rise from here to 1st resistance at 36568  in line with the horizontal swing high resistance.

By IC Markets

Technical Analysis
Wednesday 17th November: Technical Outlook and Review

On the H4 timeframe,we can see price moving below the ichimoku cloud, we have a bearish bias that price will drop from our 1st resistance at 83.10 in line with the 50%  Fibonacci retracement level and horizontal swing high resistance to 1st support at 80.68  in line with our horizontal swing low support.

By IC Markets

Technical Analysis
Tuesday 16th November: Technical Outlook and Review

On the H4, with price testing the support on the ascending trendline and the horizontal overlap support at 1st support in line with the 61.8% Fibonacci retracement at 36039, we are biased that price will rise from here to 1st resistance at 36346 in line with 61.8% and horizontal swing high resistance and possibly to 2nd resistance at 36568 in line with the horizontal swing high resistance. Alternatively, we may see price break 1st support and head for 2nd support at 35854 in line with graphical swing low and 61.8% Fibonacci projection.

By IC Markets

Technical Analysis
Monday 15th November: Technical Outlook and Review

On the H4, with price testing the support on the stochastics indicator and the horizontal swing low support at 1st support in line with the 61.8% Fibonacci retracement at 35910, we are biased that price will rise from here to 1st resistance at 36572  in line with 61.8% and 100% Fibonacci projection. Alternatively, we may see price break 1st support and head for 2nd support at 35538 in line with graphical swing low.

By IC Markets

Technical Analysis
Friday 12th November: Technical Outlook and Review

On the H4, with price testing the support on the ichimoku cloud and the horizontal swing low support at 1st support in line with the 61.8% Fibonacci retracement at 35910, we are biased that price will rise from here to 1st resistance at 36572  in line with 61.8% and 100% Fibonacci projection. Alternatively, we may see price break 1st support and head for 2nd support at 35538 in line with graphical swing low.

By IC Markets

Technical Analysis
Thursday 11th November: Technical Outlook and Review

On the H4, with price moving above our ichimoku cloud and moving in an uptrend, we are biased that price will rise from out 1st support at 36050 in line with the 50% Fibonacci retracement level to 1st resistance at 36572 in line with 61.8% and 100% Fibonacci projection. Alternatively, we may see price break 1st support and head for 2nd support at 35910 in line with 61.8% Fibonacci retracement and graphical swing low.

By IC Markets

Featured
Scheduled Chat Maintenance – November 14, 2021

Zendesk will perform critical maintenance which will impact performance for Chat […]

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Technical Analysis
Wednesday 10th November: Technical Outlook and Review

DXY: On the H4 timeframe, prices are on a bullish momentum. […]

By IC Markets