Wednesday 15th March 2023: Asian shares rebound as inflation fears ease and bank crisis stabilizes
Global Markets: Asian Stock Markets : Nikkei down 0.03%, Shanghai Composite […]
Wednesday 15th March 2023: Technical Outlook and Review
Price is currently lingering between our 1st support and resistance levels. If the price were to reverse from our 1st resistance at 1923, which is an overlapping resistance level, it could drop to our 1st support at 1890, which is an overlap support level along with the 23.6% Fibonacci retracement.
IC Markets Asia Fundamental Forecast | 15 March 2023
What happened in the US session? US CPI m/m at 0.4% […]
IC Markets Europe Fundamental Forecast | 14 March 2023
What happened in the Asian session? The latest Australian Westpac Consumer […]
Tuesday 14th March 2023: Technical Outlook and Review
Price is now testing a major overlap resistance at 1913 which is slightly below the 78.6% short term Fibonacci retracement. A break of this level could suggest a move up to 1962 is possible - which is the recent swing high resistance.
IC Markets Asia Fundamental Forecast | 14 March 2023
What happened in the US session? The banking crisis in the […]
IC Markets Europe Fundamental Forecast | 13 March 2023
What happened in the Asian session? The safe-haven USD continues to […]
Monday 13th March 2023: SVB Collapse Triggers Mixed Market Reaction in Asia
Global Markets: News & Data: Markets Update: Asian markets experienced mixed […]
Monday 13th March 2023: Technical Outlook and Review
Price has reversed nicely from our 1st support at 1805. Currently, the price is testing our 1st resistance at 181 which lines up with the 50% Fibonacci retracement. If the price were to reverse from this resistance, it could drop to our 1st support at 1805. Our 2nd support is at 1734, which is overlap support.
