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Market Analysis

Technical Analysis
Tuesday 07th February 2023 : Technical Outlook and Review

Looking at the H4 chart, my overall bias for S&P500 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 possibly break the 1st resistance at 4208.50, where the recent swing high is, before heading towards the 2nd resistance at 4327.50 where the previous swing high is.

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Recent
Monday 6th February 2023 : Markets somber on upbeat jobs data

Global Markets: News & Data: Markets Update: Asian stocks fell broadly […]

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Market Analysis
IC Markets Europe Fundamental Forecast | 06 February 2023

What happened across the Asia session? Most major currencies continued to […]

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Technical Analysis
Monday 6th February 2023 : Technical Outlook and Review

If this bullish momentum continues, expect the price to possibly break the 1st resistance at 4180.00, where the previous swing high is., before heading towards the 2nd resistance at 4327.50 where the previous swing high is, In an alternative scenario, price could possibly head back down to retest the 1st support at 4091.75, where the 50% Fibonacci line is.

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Market Analysis
IC Markets Asia Fundamental Forecast | 06 February 2023

What happened in the US session? The US dollar strengthened strongly […]

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Recent
Friday 03rd February 2023 : Fed’s Interest Rate Announcement leads to Asian Markets trading higher

Global Markets: Asian Stock Markets : Nikkei up 0.40%, Shanghai Composite […]

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Technical Analysis
Friday 03rd February 2023 : Technical Outlook and Review

If this bullish momentum continues, expect the price to possibly break the 1st resistance at 4180.00, where the previous swing high is., before heading towards the 2nd resistance at 4327.50 where the previous swing high is, In an alternative scenario, price could possibly head back down to retest the 1st support at 4091.75, where the 50% Fibonacci line is.

By IC Markets

Market Analysis
IC Markets Asia Fundamental Forecast | 03 February 2023

What happened in the US session? The US dollar strengthened strongly […]

By IC Markets

Market Analysis
Wednesday 02nd February 2023 : Asian markets trading higher owing to not raising benchmark lending rate

Global Markets: Asian Stock Markets : Nikkei up 0.20%, Shanghai Composite […]

By IC Markets