Friday 14th April 2023: Technical Outlook and Review
The EUR/USD chart is currently bullish, which suggests that we may see further price increases in the near future. At the time of writing, the price is trading around 1.0985. If the bullish trend continues, the price could potentially make a bullish continuation towards the 1st resistance level of 1.1022.
IC Markets Asia Fundamental Forecast | 14 April 2023
IC Markets Asia Fundamental Forecast | 14 April 2023 What happened […]
IC Markets Europe Fundamental Forecast | 13 April 2023
IC Markets Europe Fundamental Forecast | 13 April 2023 What happened […]
Thursday 13th April 2023: Technical Outlook and Review
DXY: The momentum of the DXY chart is currently bearish, which […]
IC Markets Asia Fundamental Forecast | 13 April 2023
IC Markets Asia Fundamental Forecast | 13 April 2023 What happened […]
IC Markets Europe Fundamental Forecast | 12 April 2023
IC Markets Europe Fundamental Forecast | 12 April 2023 What happened […]
Wednesday 12th April 2023: Mixed Start to Trading in Asia as Oil Prices Rise and Tech Shares Dip
Global Markets: News & Data: Markets Update: Asian markets were mixed […]
Wednesday 12th April 2023: Technical Outlook and Review
Gold prices have been showing a bullish momentum, being above the Ichimoku cloud and an ascending trend line. This suggests that prices may rise further. In the short term, prices could potentially make a bullish continuation towards the 1st resistance level.
Tuesday11th April 2023: Technical Outlook and Review
Looking at the DXY chart, the overall momentum is currently bearish. There is potential for a bearish continuation towards the 1st support level at 102.06, which is a pullback support level. If the price were to break below this level, the next support level it could drop to is the 2nd support level at 101.45, which is also a pullback support level.
