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Technical Analysis
Friday 03rd March 2023: Technical Outlook and Review

Price has broken out of a recent bearish channel suggesting a bullish move might be on the cards. We’re seeing the 1st resistance at 1864 which is an overlap resistance that lines up with the 38.2% Fibonacci retracement.

By IC Markets

Recent
Thursday 02nd March 2023: Nikkei soars on inflation cues

Global Markets: News & Data: Markets Update: Most Asian stocks inched […]

By IC Markets

Technical Analysis
Thursday 02nd March 2023: Technical Outlook and Review

Price has broken out of a recent bearish channel suggesting a bullish move might be on the cards. We’re seeing the 1st resistance at 1864 which is an overlap resistance that lines up with the 38.2% Fibonacci retracement.

By IC Markets

Recent
Wednesday 1st March 2023: Asian markets continue higher

Global Markets: News & Data: Markets Update: Asian stock markets are […]

By IC Markets

Technical Analysis
Wednesday 1st March 2023: Technical Outlook and Review

Price is testing a key 1st support at 1786 area which is a 50% Fibonacci retracement lining up with an overlap support. If price were to bounce from here, it could potentially rise to 1st resistance at 1867 which is a 38.2% Fibonacci retracement.

By IC Markets

Recent
Tuesday 28th February 2023 : Asian markets trade higher on global cues

Global Markets: News & Data: Markets Update: Asian stock markets are […]

By IC Markets

Technical Analysis
Tuesday 28th February 2023 : Technical Outlook and Review

Looking at the H4 chart, my overall bias for USDJPY is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. To add confluence to this bias, price is also along an ascending trendline.

By IC Markets

Recent
Monday 27th February 2023 :Asian markets begin the weak shaky

Global Markets: News & Data: Markets Update: Asian stock markets are […]

By IC Markets

Recent
Markets Tumble After Stronger US Data

Stock markets took a hit once again in the New York session as another strong data print out of the US gave more credence to the ‘stronger for longer’ opinion on US rates that is permeating the market.

By IC Markets