Featured

Technical Analysis

Tuesday 9th June: Technical Outlook and Review

EUR/USD left Monday muted, glued to the underside of the 1.13 handle on the H4 timeframe, ranging between 1.1319/1.1268. Downside support from here, therefore, remains at 1.1221 (prior Quasimodo resistance), closely followed by the 1.12 handle and trend line support, taken from the low 1.0727.

By IC Markets

Technical Analysis

Monday 8th June: Weekly Technical Outlook and Review

Over the course of last week, EUR/USD extended recovery gains north of the 2020 yearly opening level at 1.1222, consequently grappling with trend line resistance into the close, a level extended from highs at 1.2555.

By IC Markets

Technical Analysis

Friday 5th June: Buck Abandons 97.00 Ahead of Non-Farm Payrolls

EUR/USD bulls entered a strong offensive phase Thursday, following Eur130 billion German fiscal stimulus, with additional impetus provided by the ECB exceeding expectations for a Eur500 billion PEPP boost.

By IC Markets

Technical Analysis

Thursday 4th June: Technical Outlook and Review

Key risk events today: Australia Trade Balance; ECB Main Refinancing Rate, […]

By IC Markets

Featured

Queen’s Birthday Holiday Trading Schedule 2020

Dear Trader, Please find our updated Trading schedule for the Queen's Birthday Holiday in Australia on Monday, 08th June 2020. Times mentioned below are Platform time (GMT +3).

By IC Markets

Technical Analysis

Wednesday 3rd June: Technical Outlook and Review

The US dollar index, or more commonly referred to as the ‘DXY’, declined to levels not seen since March 13 on Tuesday after recording its sixth consecutive daily loss.

By IC Markets

Technical Analysis

Tuesday 2nd June: Technical Outlook and Review

Despite Monday’s advance, a turn from 1.1157/1.1099 places 1.0995 on the hit list as support; alternatively, additional upside has resistance at 1.1239 calling for attention (essentially the same base as weekly QM).

By IC Markets