Wednesday 8th March 2023: Technical Outlook and Review
The price is approaching our 1st support level at 1804, which is an overlap support. If the price were to break from this level, we could see it drop back down to the 2nd support level at 1785, which is a major overlap support.
IC Markets Asia Fundamental Forecast | 8 March 2023
What happened in the US session? In his semi-annual testimony before […]
IC Markets Europe Fundamental Forecast | 7 March 2023
IC Markets Europe Fundamental Forecast | 7 March 2023 What happened […]
Tuesday 7th March 2023: Optimism in Asian Equities as Investors Eye Powell’s Testimony and Economic Indicators
Global Markets: News & Data: Markets Update: Asian equities gained ground […]
Tuesday 7th March 2023: Technical Outlook and Review
We’re seeing price test major resistance at 80.81 which is a recent swing high resistance. It is worth noting that price is seeing a recent ascending support line suggesting that there might be bullish momentum.
IC Markets Asia Fundamental Forecast | 7 March 2023
What happened in the US session? CAD Ivey PMI decreased to […]
IC Markets Europe Fundamental Forecast | 06 March 2023
What happened in the Asian session? AUD’s MI Inflation Gauge m/m […]
Monday 6th March 2023: Asia-Pacific Equities Mixed as Investors Assess China’s Growth Target and Await Economic Data
Global Markets: News & Data: Markets Update: Asia-Pacific equities traded with […]
Monday 6th March 2023: Technical Outlook and Review
Price has bounced off from our first support and it could potentially push up to our first resistance level at 1880 with the 50% Fibonacci retracement. However, if the price were to break, it could push up to our second resistance level at 1907 with the 61.8% Fibonacci retracement.
