ICMarket

Market Analysis

Recent
Friday 26th May 2023: Markets cheer as US debt ceiling talks progress

Global Markets: News & Data: Markets Update: Asian stocks ended Friday’s […]

By IC Markets

Recent
IC Markets Europe Fundamental Forecast | 26 May 2023

IC Markets Europe Fundamental Forecast | 26 May 2023 What happened […]

By IC Markets

Technical Analysis
Friday 26th May 2023: Technical Outlook and Review

In the short term, there's a possibility that the price could further descend towards the first support level at 103.50 before rebounding and climbing towards the first resistance. This first support level is known as a pullback support, which suggests it could halt any further downward movement.

By IC Markets

Recent
IC Markets Asia Fundamental Forecast | 26 May 2023

IC Markets Asia Fundamental Forecast | 26 May 2023 What happened […]

By IC Markets

Recent
IC Markets Europe Fundamental Forecast | 25 May 2023

IC Markets Europe Fundamental Forecast | 25 May 2023 What happened […]

By IC Markets

Technical Analysis
Thursday 25th May 2023: Technical Outlook and Review

In the near term, the price could potentially decline further to the first support level at 103.63 before bouncing back and ascending towards the first resistance level. The first support level, identified as a multi-swing low support, may offer a strong base to prevent further price decline.

By IC Markets

Recent
IC Markets Asia Fundamental Forecast | 25 May 2023

IC Markets Asia Fundamental Forecast | 25 May 2023 What happened […]

By IC Markets

Recent
IC Markets Europe Fundamental Forecast | 24 May 2023

IC Markets Europe Fundamental Forecast | 24 May 2023 What happened […]

By IC Markets

Technical Analysis
Wednesday 24th May 2023: Technical Outlook and Review

The EUR/USD pair currently exhibits a bearish trend, with the price moving in a bearish descending channel. Given this trend, there is potential for continued bearish movement towards the initial support level.

By IC Markets