Thursday 1st June 2023: Technical Outlook and Review
The XAU/USD (Gold/US Dollar) chart currently shows a bullish momentum, indicating a potential continuation of the upward trend. Despite the presence of a major descending trend line, suggesting possible bearish momentum, the overall bullish momentum in the chart suggests a potential bullish continuation towards the first resistance level.
IC Markets Asia Fundamental Forecast | 1 June 2023
IC Markets Asia Fundamental Forecast | 1 June 2023 What happened […]
Wednesday 31th May 2023: Asian markets mostly lower
Global Markets: News & Data: Markets Update: Investors in Asian markets […]
IC Markets Europe Fundamental Forecast | 31 May 2023
IC Markets Europe Fundamental Forecast | 31 May 2023 What happened […]
Wednesday 31th May 2023: Technical Outlook and Review
The Dollar Index (DXY) currently shows bullish momentum with potential for a bullish breakthrough of the first resistance, possibly rising to the second resistance. The first support level is at 103.50, serving as an overlap support.
IC Markets Asia Fundamental Forecast | 31 May 2023
IC Markets Asia Fundamental Forecast | 31 May 2023 What happened […]
IC Markets Europe Fundamental Forecast | 30 May 2023
IC Markets Europe Fundamental Forecast | 30 May 2023 What happened […]
Tuesday 30th May 2023: Asian markets seesaw in lack of global cues
Global Markets: News & Data: Markets Update: Asian stock markets are […]
Tuesday 30th May 2023: Technical Outlook and Review
The DXY chart currently displays a weak bearish momentum, although with low confidence. The potential factors contributing to this momentum are the possibility of the price breaking below an ascending trendline, which could trigger a bearish continuation towards the first support level.
