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Market Analysis

Technical Analysis
Wednesday 7th June 2023: Technical Outlook and Review

The DXY (US Dollar Index) chart is currently showing bearish momentum, with the price situated below a major descending trend line. This indicates a higher likelihood of continued downward movement. Under these bearish circumstances, it's predicted that the price could continue its downward trajectory towards the first support level.

By IC Markets

Recent
IC Markets Asia Fundamental Forecast | 7 June 2023

IC Markets Asia Fundamental Forecast | 7 June 2023 What happened […]

By IC Markets

Recent
IC Markets Europe Fundamental Forecast | 6 June 2023

IC Markets Europe Fundamental Forecast | 6 June 2023 What happened […]

By IC Markets

Recent
Wednesday 7th June 2023: Australia surprises by increasing rates

Global Markets: News & Data: Markets Update:  Asian stock markets are […]

By IC Markets

Technical Analysis
Tuesday 6th June 2023: Technical Outlook and Review

The DXY (US Dollar Index) chart is currently showing bearish momentum, with the price situated below a major descending trend line. This indicates a higher likelihood of continued downward movement. Under these bearish circumstances, it's predicted that the price could continue its downward trajectory towards the first support level.

By IC Markets

Recent
IC Markets Asia Fundamental Forecast | 6 June 2023

IC Markets Asia Fundamental Forecast | 6 June 2023 What happened […]

By IC Markets

Recent
IC Markets Europe Fundamental Forecast | 5 June 2023

IC Markets Europe Fundamental Forecast | 5 June 2023 What happened […]

By IC Markets

Recent
IC Markets Asia Fundamental Forecast | 5 June 2023

IC Markets Asia Fundamental Forecast | 5 June 2023 What happened […]

By IC Markets

Technical Analysis
Monday 5th June 2023: Technical Outlook and Review

The XAU/USD chart currently exhibits a bullish momentum, with the price above a major ascending trend line. This implies that there's potential for further upward movements. In this bullish context, the price could potentially continue its upward trend towards the first resistance level.

By IC Markets