The Month Ahead – February 2023
As we head into the middle of Q1, we are seeing more activities in the US and European economies. Below are the key economic events to look out for if you're planning to open a position in February 2023. All times are listed in our platform time, GMT +2
Monday 30th January 2023 : Asian markets tread cautiously
Global Markets: News & Data: Markets Update: Asian stock markets are […]
Monday 30th January 2023 : Technical Outlook and Review
Looking at the H4 chart, my overall bias for S&P500 is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. If this bullish momentum continues, expect the price to continue heading towards the 1st resistance at 4119.97, where the 78.6% Fibonacci line is.
Friday 27th January 2023 : Technical Outlook and Review
USD/JPY: Looking at the H4 chart, my overall bias for USDJPY […]
Thursday 26th January 2023 : Technical Outlook and Review
USD/JPY: Looking at the H4 chart, my overall bias for USDJPY […]
Wednesday 25th January 2023 : Technical Outlook and Review
USD/JPY: Looking at the H4 chart, my overall bias for USDJPY […]
Monday 23rd January 2023 : Thin volumes in markets on account of Lunar New Year holiday
Global Markets: News & Data: Markets Update: Asian stock markets are […]
Friday 20th January 2023 : Japanese markets turn over the red tide
Global Markets: Markets Update: Asian stock markets are trading mostly higher […]
Friday 20th January 2023 : Technical Outlook and Review
If this bullish momentum continues, expect the price to continue heading towards the 1st resistance at 4119.97, where the 78.6% Fibonacci line is. In an alternative scenario, price could possibly head back down to break the 1st support at 3888.39, where the 50% Fibonacci line is, before heading towards the 2nd support at 3764.49, where the recent swing low is.
