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Market Analysis

Technical Analysis
Tuesday 06th December 2022: Technical Outlook and Review

USD/JPY: The current general bias for USDJPY on the H4 chart […]

By IC Markets

Technical Analysis
Monday 05th December 2022: Technical Outlook and Review

The overall bias for the S&500 on the H4 chart is bullish, with prices above the Ichimoku cloud. If the bullish momentum continues, the expected price to head towards the 1st resistance line is at 4177.51, which is the 78.6% Fibonacci line.

By IC Markets

Technical Analysis
Friday 02nd December 2022: Technical Outlook and Review

The overall bias for the S&500 on the H4 chart is bullish, with prices above the Ichimoku cloud. If the bullish momentum continues, the expected price to head towards the 1st resistance line is at 4177.51, which is the 78.6% Fibonacci line.

By IC Markets

Technical Analysis
Thursday 01st December 2022: Technical Outlook and Review

USD/JPY: The current general bias for USDJPY on the H4 chart […]

By IC Markets

Technical Analysis
Wednesday 30th November 2022: Technical Outlook and Review

The overall bias for the S&500 on the H4 chart is bullish, with prices above the Ichimoku cloud. If the bullish momentum continues, the price will rise to the first resistance line at 4031.44, where the 61.8% Fibonacci line is located.

By IC Markets

Technical Analysis
Tuesday 29th November 2022: Technical Outlook and Review

The overall bias for the S&500 on the H4 chart is bullish, with prices above the Ichimoku cloud. If the bullish momentum continues, the price will rise to the first resistance line at 4031.44, where the 61.8% Fibonacci line is located. If the first resistance line is broken, the second resistance line is at 4119.28, which is the previous swing high and the 78.6% Fibonacci line.

By IC Markets

Technical Analysis
Monday 28th November 2022: Technical Outlook and Review

The overall bias for the S&500 on the H4 chart is bullish, with prices above the Ichimoku cloud. If the bullish momentum continues, the price will rise to the first resistance line at 4031.44, where the 61.8% Fibonacci line is located. If the first resistance line is broken, the second resistance line is at 4119.28, which is the previous swing high and the 78.6% Fibonacci line.

By IC Markets

Technical Analysis
Friday 25th November 2022: Technical Outlook and Review

The current general bias for USDJPY on the H4 chart is bearish. To add confluence to this, the price is under the Ichimoku cloud which indicates a bearish market. If the bearish momentum continues, expect USDJPY to head towards the 1st support line at 138.091, where the –27.2% Fibonacci expansion line is located.

By IC Markets

Technical Analysis
Thursday 24th November 2022: Technical Outlook and Review

The overall bias for the S&500 on the H4 chart is bullish, with prices above the Ichimoku cloud. If the bullish momentum continues, the price will rise to the first resistance line at 4011.74, where the 61.8% Fibonacci line is located. If the first resistance line is broken, the second resistance line is at 4119.28, which is the previous swing high and the 78.6% Fibonacci line.

By IC Markets