Friday 17th March 2023: Technical Outlook and Review
XAU/USD is currently bullish. The chart analysis identifies that the price may potentially make a bullish continuation towards the 1st resistance level. The 1st support level is identified at 1913, which is considered to be an overlap support and at the 23.60% Fibonacci retracement level.
IC Markets Asia Fundamental Forecast | 17 March 2023
What happened in the US session? The ECB has signalled its […]
IC Markets Europe Fundamental Forecast | 16 March 2023
What happened in the Asian session? BoE officials discussed the potential […]
Thursday 16th March 2023: Asian markets fall amid banking woes and rising inflation fears
Global Markets: Asian Stock Markets : Nikkei down 0.80%, Shanghai Composite […]
Thursday 16th March 2023: Technical Outlook and Review
XAU/USD is bearish, and the price could potentially make a bearish reaction off the first resistance level at 1937.00 and drop to the first support level at 1890.00. The first support level at 1890.00 is an overlap support level coinciding with a 38.20% Fibonacci retracement, which may provide strong support for the price if it drops
IC Markets Asia Fundamental Forecast | 16 March 2023
What happened in the US session? Swiss authorities confirmed that Credit […]
IC Markets Europe Fundamental Forecast | 15 March 2023
What happened in the Asian session? Mixed data from China did […]
Wednesday 15th March 2023: Asian shares rebound as inflation fears ease and bank crisis stabilizes
Global Markets: Asian Stock Markets : Nikkei down 0.03%, Shanghai Composite […]
Wednesday 15th March 2023: Technical Outlook and Review
Price is currently lingering between our 1st support and resistance levels. If the price were to reverse from our 1st resistance at 1923, which is an overlapping resistance level, it could drop to our 1st support at 1890, which is an overlap support level along with the 23.6% Fibonacci retracement.
