Friday 21th April 2023 : Technical Outlook and Review
The 1st support level for DXY is at 101.51, which is an overlap support and also lines up with the 38.2% Fibonacci retracement level. This level has proven to be a strong support in the past. If the price were to drop from the current level, it could potentially reach this support level.
Thursday 20th April 2023: Asian Markets Surge on Strong Tech Earnings, Weakening Dollar Boosts Commodities.
Global Markets: Asian Stock Markets : Nikkei up 0.11%, Shanghai Composite […]
IC Markets Europe Fundamental Forecast | 20 April 2023
IC Markets Europe Fundamental Forecast | 20 April 2023 What happened […]
Thursday 20th April 2023: Technical Outlook and Review
Gold (XAU/USD) continues to show a bearish momentum on the chart. Currently, the price is expected to break below the 1st support level and drop towards the 2nd support level. The 1st support level is at 1982.58, which is a good level because it is an overlap support.
IC Markets Asia Fundamental Forecast | 20 April 2023
IC Markets Asia Fundamental Forecast | 20 April 2023 What happened […]
Wednesday 19th April 2023: Asian Markets Mixed as Investors Await US Economic Data
Global Markets: Asian Stock Markets : Nikkei down 0.18%, Shanghai Composite […]
IC Markets Europe Fundamental Forecast | 19 April 2023
IC Markets Europe Fundamental Forecast | 19 April 2023 What happened […]
Wednesday 19th April 2023: Technical Outlook and Review
The US Dollar Index (DXY) is currently experiencing a bearish momentum with a potential for further downward movement. The first support level is at 101.51, which is an overlap support and coincides with the 50% Fibonacci retracement level. The second support level is at 100.86, which is a multi-swing low support level.
IC Markets Asia Fundamental Forecast | 19 April 2023
IC Markets Asia Fundamental Forecast | 19 April 2023 What happened […]
