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Market Analysis

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

Recent
IC Markets Asia Fundamental Forecast | 24 May 2023

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

By IC Markets

Recent
IC Markets Europe Fundamental Forecast | 23 May 2023

IC Markets Europe Fundamental Forecast | 23 May 2023 What happened […]

By IC Markets

Technical Analysis
Tuesday 23nd May 2023: Technical Outlook and Review

The DXY chart is currently bearish, with the price trading below a major descending trend line, suggesting further bearish momentum could be on the cards. The price could potentially continue downwards to the 1st support level. The 1st support is at 100.77, serving as a multi-swing low support, which could be a strong level of buying interest.

By IC Markets

Recent
Thursday 25th May 2023: China’s reopening lifts North Asian equities; oil and gold retreat

Global Markets: News & Data: Markets Update: Asian equity markets ended […]

By IC Markets

Recent
IC Markets Asia Fundamental Forecast | 23 May 2023

IC Markets Asia Fundamental Forecast | 23 May 2023 What happened […]

By IC Markets

Recent
Monday 22nd May 2023: Asian Markets mixed on dead ceiling worries

Global Markets: News & Data: Markets Update: Asian markets traded mixed […]

By IC Markets

Technical Analysis
Monday 22nd May 2023: Technical Outlook and Review

The XAU/USD chart demonstrates bullish momentum, with the price positioned above a major ascending trend line, suggesting the potential for further upward movement. In line with this bullish momentum, there is a possibility of a bullish continuation towards the first resistance level at 2069.80.

By IC Markets