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Market Analysis

Recent
Monday 22nd May 2023: Asian Markets mixed on dead ceiling worries

Global Markets: News & Data: Markets Update: Asian markets traded mixed […]

By IC Markets

Technical Analysis
Monday 22nd May 2023: Technical Outlook and Review

The XAU/USD chart demonstrates bullish momentum, with the price positioned above a major ascending trend line, suggesting the potential for further upward movement. In line with this bullish momentum, there is a possibility of a bullish continuation towards the first resistance level at 2069.80.

By IC Markets

Market Analysis
IC Markets Europe Fundamental Forecast | 22 May 2023

IC Markets Europe Fundamental Forecast | 22 May 2023 What happened […]

By IC Markets

Market Analysis
IC Markets Asia Fundamental Forecast | 22 May 2023

IC Markets Asia Fundamental Forecast | 22 May 2023 What happened […]

By IC Markets

Recent
IC Markets Europe Fundamental Forecast | 19 May 2023

IC Markets Europe Fundamental Forecast | 19 May 2023 What happened […]

By IC Markets

Technical Analysis
Friday 19th May 2023: Technical Outlook and Review

The current momentum of the DXY chart is best described as weak bullish, although there is a level of uncertainty surrounding this assessment. It is important to emphasize that this analysis is based on the available data and indicators at this time.

By IC Markets

Recent
IC Markets Asia Fundamental Forecast | 19 May 2023

IC Markets Asia Fundamental Forecast | 19 May 2023 What happened […]

By IC Markets

Recent
IC Markets Europe Fundamental Forecast | 18 May 2023

IC Markets Europe Fundamental Forecast | 18 May 2023 What happened […]

By IC Markets

Technical Analysis
Thursday 18th May 2023: Technical Outlook and Review

The DXY (US Dollar Index) chart currently indicates bearish momentum, suggesting the potential for further downward movement. In the near term, there is a possibility of a bearish continuation towards the first support level at 102.24. This level is recognized as an overlap support and coincides with a 38.20% Fibonacci retracement, enhancing its significance.

By IC Markets