ICMarket

Market Analysis

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

On the H4, with price expected to reverse off the stochastics level, we have a bias that price will drop from 1st resistance at 35011 in line with the horizontal overlap resistance and 161.8% Fibonacci extension to 1st support at 34073 in line with the pullback support .

By IC Markets

Technical Analysis
Monday 28th March : Technical Outlook and Review

On the H4, with price expected to reverse off the stochastics level, we have a bias that price will drop from 1st resistance at 35011 in line with the horizontal overlap resistance and 161.8% Fibonacci extension to 1st support at 34073 in line with the pullback support .Alternatively, price may break 1st resistance and head for 2nd resistance at 35808 in line with the 161.8% Fibonacci extension.

By IC Markets

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

On the H4, with price expected to reverse off the stochastics level, we have a bias that price will drop from 1st resistance at 35011 in line with the horizontal overlap resistance and 161.8% Fibonacci extension to 1st support at 34073 in line with the pullback support .Alternatively, price may break 1st resistance and head for 2nd resistance at 35808 in line with the 161.8% Fibonacci extension.

By IC Markets

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

On the H4, with price expected to reverse off the stochastics level, we have a bias that price will drop from 1st resistance at 35011 in line with the horizontal overlap resistance and 161.8% Fibonacci extension to 1st support at 34073 in line with the pullback support .

By IC Markets

Technical Analysis
Wednesday 23rd March 2022 : Technical Outlook and Review

On the H4, with price expected to reverse off the stochastics level, we have a bias that price will drop from 1st resistance at 35011 in line with the horizontal overlap resistance and 161.8% Fibonacci extension to 1st support at 34073 in line with the pullback support .

By IC Markets

Technical Analysis
Tuesday 22nd March 2022 : Technical Outlook and Review

On the H4, with price expected to reverse off the stochastics level, we have a bias that price will drop from 1st resistance at 34976 in line with the horizontal overlap resistance and 161.8% Fibonacci extension to 1st support at 34073 in line with the pullback support

By IC Markets

Technical Analysis
Monday 21st March 2022 : Technical Outlook and Review

On the H4, with price moving above the ichimoku cloud, we have a bias that price will rise to our 1st resistance at 34991 in line with the horizontal swing high resistance from our 1st support at 34309 in line with the 23.6% Fibonacci retracement.

By IC Markets

Technical Analysis
Friday 18th March 2022 : Technical Outlook and Review

On the H4, with price expected to reverse off the stochastics indicator, we have a bias that price will drop from 1st resistance at 34412 in line with the horizontal swing high resistance to 1st support at 33426 in line with the overlap support

By IC Markets

Technical Analysis
Thursday 17th March 2022 : Technical Outlook and Review

On the H4, with price moving above the ichimoku cloud, we have a bias that price will rise to 1st resistance at 34054 in line with the swing high resistance from 1st support at 33183 in line with the swing low support and 50% Fibonacci retracement.

By IC Markets