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Market Analysis

Recent
Monday 29th May 2023: Markets higher as debt ceiling deal reached

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

By IC Markets

Technical Analysis
Monday 29th May 2023: Technical Outlook and Review

Based on your analysis, the XAU/USD pair (Gold to US Dollar) is currently demonstrating a bullish momentum. The price being above a significant ascending trendline is a good indicator suggesting further bullish momentum could be anticipated.

By IC Markets

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