ICMarket

Market Analysis

Market Analysis
IC Markets Europe Fundamental Forecast | 24 February 2023

What happened across the Asia session? Most major currencies consolidated against […]

By IC Markets

Market Analysis
IC Markets Asia Fundamental Forecast | 24 February 2023

What happened in the US session? Most major currency pairs traded […]

By IC Markets

Recent
Friday 24th February 2023 : Asian markets breath a sigh of relief

The dollar index, which measures the safe-haven dollar against six peers, was hovering at 104.63, not too far from a seven-week high of 104.78. After trending lower in recent sessions, the price of crude oil showed a strong move back to the upside on Thursday, despite a bigger than expected increase in U.S. crude oil inventories.

By IC Markets

Technical Analysis
Friday 24th February 2023 : Technical Outlook and Review

Looking at the H4 chart, my overall bias for USDJPY is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. To add confluence to this bias, price is also along an ascending trendline.

By IC Markets

Market Analysis
IC Markets Europe Fundamental Forecast | 23 February 2023

What happened across the Asia session? Most major currencies retraced briefly […]

By IC Markets

Recent
Thursday 23rd February 2023 : Japanese markets closed on account of Emperor’s birthday

The Australian stock market is modestly lower on Thursday, extending the losses in the previous two sessions, with the benchmark S&P/ASX 200 falling below the 7,300 level, following the mixed cues from Wall Street overnight, with weakness in mining and energy stocks amid tumbling commodity prices.

By IC Markets

Market Analysis
IC Markets Asia Fundamental Forecast | 23 February 2023

What happened in the US session? Most major currency pairs traded […]

By IC Markets

Technical Analysis
Thursday 23rd February 2023 : Technical Outlook and Review

Looking at the H4 chart, my overall bias for USDJPY is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. If this bullish momentum continues, expect the price to continue heading towards the 1st resistance at 138.175, where the previous swing high is.

By IC Markets

Market Analysis
IC Markets Europe Fundamental Forecast | 22 February 2023

What happened across the Asia session? Most major currencies traded in […]

By IC Markets