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Market Analysis

Market Analysis
IC Markets Europe Fundamental Forecast | 14 March 2023

What happened in the Asian session? The latest Australian Westpac Consumer […]

By IC Markets

Technical Analysis
Tuesday 14th March 2023: Technical Outlook and Review

Price is now testing a major overlap resistance at 1913 which is slightly below the 78.6% short term Fibonacci retracement. A break of this level could suggest a move up to 1962 is possible - which is the recent swing high resistance.

By IC Markets

Market Analysis
IC Markets Asia Fundamental Forecast | 14 March 2023

What happened in the US session? The banking crisis in the […]

By IC Markets

Market Analysis
IC Markets Europe Fundamental Forecast | 13 March 2023

What happened in the Asian session? The safe-haven USD continues to […]

By IC Markets

Recent
Monday 13th March 2023: SVB Collapse Triggers Mixed Market Reaction in Asia

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

By IC Markets

Technical Analysis
Monday 13th March 2023: Technical Outlook and Review

Price has reversed nicely from our 1st support at 1805. Currently, the price is testing our 1st resistance at 181 which lines up with the 50% Fibonacci retracement. If the price were to reverse from this resistance, it could drop to our 1st support at 1805. Our 2nd support is at 1734, which is overlap support.

By IC Markets

Market Analysis
IC Markets Asia Fundamental Forecast | 13 March 2023

What happened in the US session? US labour data are generally […]

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Market Analysis
IC Markets Europe Fundamental Forecast | 10 March 2023

What happened in the Asian session? The BoJ maintained its monetary […]

By IC Markets

Technical Analysis
Friday 10th March 2023: Technical Outlook and Review

Price has reversed from 1st resistance area of 105.82, which is an overlap resistance. it could potentially drop to our 1st support at 103.80, which has the 38.2% Fibonacci retracement.  The next support level is at 102.79, which is an overlap support that lines up with the 61.8% Fibonacci retracement. Do take of our intermediate support at 105.02

By IC Markets