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.
IC Markets Asia Fundamental Forecast | 30 May 2023
IC Markets Asia Fundamental Forecast | 30 May 2023 What happened […]
Monday 29th May 2023: Markets higher as debt ceiling deal reached
Global Markets: News & Data: Markets Update: Asian stock markets are […]
Monday 29th May 2023: Technical Outlook and Review
Based on your analysis, the XAU/USD pair (Gold to US Dollar) is currently demonstrating a bullish momentum. The price being above a significant ascending trendline is a good indicator suggesting further bullish momentum could be anticipated.
Friday 26th May 2023: Markets cheer as US debt ceiling talks progress
Global Markets: News & Data: Markets Update: Asian stocks ended Friday’s […]
IC Markets Europe Fundamental Forecast | 26 May 2023
IC Markets Europe Fundamental Forecast | 26 May 2023 What happened […]
Friday 26th May 2023: Technical Outlook and Review
In the short term, there's a possibility that the price could further descend towards the first support level at 103.50 before rebounding and climbing towards the first resistance. This first support level is known as a pullback support, which suggests it could halt any further downward movement.
IC Markets Asia Fundamental Forecast | 26 May 2023
IC Markets Asia Fundamental Forecast | 26 May 2023 What happened […]
IC Markets Europe Fundamental Forecast | 25 May 2023
IC Markets Europe Fundamental Forecast | 25 May 2023 What happened […]
