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Market Analysis

Technical Analysis
Monday 1st July: Weekly technical outlook and review.

Macroeconomic data out of both the US and Europe was largely ignored Friday, as price continued to emphasise a consolidative phase into the close. The market clearly remains on the sidelines ahead of the critical trade talks at the G20 summit in Japan, Osaka.

By IC Markets Global

Technical Analysis
Thursday 27th June: Dollar robust ahead of 96.00 ahead of US final GDP data.

Key risk events today: German Prelim CPI m/m; US Final GDP […]

By IC Markets Global

Technical Analysis
Wednesday 26th June: Dollar snaps four-day losing streak and forms daily bullish engulfing candle.

Key risk events today: New Zealand Official Cash Rate and RBNZ […]

By IC Markets Global

Technical Analysis
Tuesday 25th June: Dollar continues edging lower on rate-cut expectation.

Key risk events today: RBA Assist Gov Bullock Speaks; OPEC Meetings; […]

By IC Markets Global

Technical Analysis
Monday 24th June: Weekly technical outlook and review.

EUR/USD bulls went on the offensive last week, adding more than 160 points out of a long-standing demand area at 1.1119-1.1295.

By IC Markets Global

Technical Analysis
Friday 21st June: Increased demand for safe-haven assets as the dollar continues to grind south.

Key risk events: French Flash Services PMI; French Flash Manufacturing PMI; […]

By IC Markets Global

Technical Analysis
Thursday 20th June: Dollar index on defensive after Fed signals readiness to cut rates; trades sub 97.00.

EUR/USD: The single currency rose higher against its US counterpart Wednesday […]

By IC Markets Global

Technical Analysis
Wednesday 19th June: Dollar index trades at weekly resistance 97.72 ahead of today’s crucial FOMC meeting.

EUR/USD: The euro witnessed a reasonably robust decline vs. its US […]

By IC Markets Global

Technical Analysis
Tuesday 18th June: Dollar trades flat ahead of crucial FOMC minutes Wednesday.

EUR/USD: The single currency was uninspired Monday, with action likely restricted […]

By IC Markets Global