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Market Analysis

Recent
Monday 27th February 2023 :Asian markets begin the weak shaky

Global Markets: News & Data: Markets Update: Asian stock markets are […]

By IC Markets

Market Analysis
IC Markets Asia Fundamental Forecast | 27 February 2023

What happened in the US session? The DXY strengthened significantly on […]

By IC Markets

Technical Analysis
Monday 27th February 2023 : Technical Outlook and Review

Looking at the H4 chart, my overall bias for S&P500 is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. If this bearish momentum continues, expect the price to continue heading towards the 1st support at 3898.00 where the overlap support intersects with the 78.6% Fibonacci line.

By IC Markets

Market Analysis
IC Markets Europe Fundamental Forecast | 24 February 2023

What happened across the Asia session? Most major currencies consolidated against […]

By IC Markets

Market Analysis
IC Markets Asia Fundamental Forecast | 24 February 2023

What happened in the US session? Most major currency pairs traded […]

By IC Markets

Recent
Friday 24th February 2023 : Asian markets breath a sigh of relief

The dollar index, which measures the safe-haven dollar against six peers, was hovering at 104.63, not too far from a seven-week high of 104.78. After trending lower in recent sessions, the price of crude oil showed a strong move back to the upside on Thursday, despite a bigger than expected increase in U.S. crude oil inventories.

By IC Markets

Technical Analysis
Friday 24th February 2023 : Technical Outlook and Review

Looking at the H4 chart, my overall bias for USDJPY is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. To add confluence to this bias, price is also along an ascending trendline.

By IC Markets

Market Analysis
IC Markets Europe Fundamental Forecast | 23 February 2023

What happened across the Asia session? Most major currencies retraced briefly […]

By IC Markets

Recent
Thursday 23rd February 2023 : Japanese markets closed on account of Emperor’s birthday

The Australian stock market is modestly lower on Thursday, extending the losses in the previous two sessions, with the benchmark S&P/ASX 200 falling below the 7,300 level, following the mixed cues from Wall Street overnight, with weakness in mining and energy stocks amid tumbling commodity prices.

By IC Markets