Monday 27th February 2023 : Technical Outlook and Review
Looking at the H4 chart, my overall bias for S&P500 is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. If this bearish momentum continues, expect the price to continue heading towards the 1st support at 3898.00 where the overlap support intersects with the 78.6% Fibonacci line.
IC Markets Europe Fundamental Forecast | 24 February 2023
What happened across the Asia session? Most major currencies consolidated against […]
IC Markets Asia Fundamental Forecast | 24 February 2023
What happened in the US session? Most major currency pairs traded […]
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.
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.
IC Markets Europe Fundamental Forecast | 23 February 2023
What happened across the Asia session? Most major currencies retraced briefly […]
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.
IC Markets Asia Fundamental Forecast | 23 February 2023
What happened in the US session? Most major currency pairs traded […]
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.
