13th May 2022 Friday: Technical Outlook and Review
On the H4, with price expected to bounce off the stochastics indicator, we have a bullish bias that price will rise to our 1st resistance at 32553 where the swing high resistance is from our 1st support at 31753 in line with the horizontal swing low support.
12th May 2022 Thursday: Technical Outlook and Review
On the H4, with price expected to bounce off the stochastics indicator, we have a bullish bias that price will rise to our 1st resistance at 32553 where the swing high resistance is from our 1st support at 31753 in line with the horizontal swing low support.
11th May 2022 Wednesday: Technical Outlook and Review
On the H4, with price expected to reverse off the ichimoku cloud, we have a bearish bias that price will drop from our 1st resistance at 32553 where the horizontal pullback resistance and 23.6% Fibonacci retracement is to our 1st support at 31900 in line with the 127.2% Fibonacci extension. Alternatively, price may break 1st resistance structure and head for 2nd resistance where the horizontal pullback resistance.
Hyperactivity Guidelines Update
Dear Traders, As part of our commitment to providing the best reliability and service to our customers, we are updating our "Hyperactivity" measures for MT4 servers in order to reduce server load.
10th May 2022 Tuesday: Technical Outlook and Review
On the H4, with price expected to reverse off the ichimoku cloud, we have a bearish bias that price will drop from our 1st resistance at 32447 where the horizontal pullback resistance and 23.6% Fibonacci retracement is to our 1st support at 31900 in line with the 127.2% Fibonacci extension.
09th May Monday : Technical Analysis and Review
On the H4, with price moving above the ichimoku cloud, we have a bullish bias that price will rise to our 1st resistance at 116.71 where the 161.8% Fibonacci extension is from our 1st support at 108.77 in line with the horizontal pullback support.
06th May 2022 Friday: Technical Outlook and Review
On the H4, with price expected to reverse off the ichimoku cloud, we have a bearish bias that price will drop from our 1st resistance at 33193 where the horizontal pullback resistance and 38.2% Fibonacci retracement is to our 1st support at 32422 in line with the pullback support.
05th May 2022 Friday: Technical Outlook and Review
On the H4, with price expected to reverse off the ichimoku cloud, we have a bearish bias that price will drop from our 1st resistance at 34042 where the horizontal pullback resistance and 50% Fibonacci retracement is to our 1st support at 33193 in line with the 50% Fibonacci retracement.
Memorial Day Holiday Trading Schedule 2022
Dear Trader, Please find our updated Trading schedule for Memorial Day Holiday on Monday, 30th May 2022. All times mentioned below are platform time (GMT+3).
