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Market Analysis

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

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Market Analysis
IC Markets Asia Fundamental Forecast | 10 March 2023

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IC Markets Europe Fundamental Forecast | 9 March 2023

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Recent
Thursday 9th March 2023: Asian Stocks See Mixed Results Amidst Global Rate and Inflation Concerns

Global Markets: News & Data: Markets Update: Asian stocks ended mixed […]

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Technical Analysis
Thursday 9th March 2023: Technical Outlook and Review

Price is testing our 1st support level at 1804, which is an overlap support. If the price were to break from this level, we could see it drop back down to the 2nd support level at 1785, which is a major overlap support.

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IC Markets Asia Fundamental Forecast | 9 March 2023

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Wednesday 8th March 2023: Global Markets React to Powell’s Warning on Interest Rates; Asian Markets Follow Suit

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

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Technical Analysis
Wednesday 8th March 2023: Technical Outlook and Review

The price is approaching our 1st support level at 1804, which is an overlap support. If the price were to break from this level, we could see it drop back down to the 2nd support level at 1785, which is a major overlap support.

By IC Markets

Market Analysis
IC Markets Asia Fundamental Forecast | 8 March 2023

What happened in the US session? In his semi-annual testimony before […]

By IC Markets