Thursday 25th May 2023: Technical Outlook and Review
In the near term, the price could potentially decline further to the first support level at 103.63 before bouncing back and ascending towards the first resistance level. The first support level, identified as a multi-swing low support, may offer a strong base to prevent further price decline.
IC Markets Asia Fundamental Forecast | 25 May 2023
IC Markets Asia Fundamental Forecast | 25 May 2023 What happened […]
IC Markets Europe Fundamental Forecast | 24 May 2023
IC Markets Europe Fundamental Forecast | 24 May 2023 What happened […]
Wednesday 24th May 2023: Technical Outlook and Review
The EUR/USD pair currently exhibits a bearish trend, with the price moving in a bearish descending channel. Given this trend, there is potential for continued bearish movement towards the initial support level.
IC Markets Asia Fundamental Forecast | 24 May 2023
IC Markets Asia Fundamental Forecast | 24 May 2023 What happened […]
IC Markets Europe Fundamental Forecast | 23 May 2023
IC Markets Europe Fundamental Forecast | 23 May 2023 What happened […]
Tuesday 23nd May 2023: Technical Outlook and Review
The DXY chart is currently bearish, with the price trading below a major descending trend line, suggesting further bearish momentum could be on the cards. The price could potentially continue downwards to the 1st support level. The 1st support is at 100.77, serving as a multi-swing low support, which could be a strong level of buying interest.
Thursday 25th May 2023: China’s reopening lifts North Asian equities; oil and gold retreat
Global Markets: News & Data: Markets Update: Asian equity markets ended […]
IC Markets Asia Fundamental Forecast | 23 May 2023
IC Markets Asia Fundamental Forecast | 23 May 2023 What happened […]
