ICMarket

Market Analysis

Technical Analysis
02nd August 2022 Tuesday: Technical Outlook and Review

On the H4, with price moving above the ichimoku indicator and within an ascending channel, we have a bullish bias that price will rise from our 1st support at 4087.733 where the pullback support is to  the 1st resistance at 4182.677 where the swing high resistance and 100% fibonacci projection are.

By IC Markets

Technical Analysis
01st August 2022 Monday: Technical Outlook and Review

On the H4, with price moving above the ichimoku indicator, we have a bullish bias that price will rise from our 1st support at 4114.982 where the pullback support is to  the 1st resistance at 4182.677 where the swing high resistance and 100% fibonacci projection are.

By IC Markets

Technical Analysis
29th July 2022 Friday: Technical Outlook and Review

On the H4, with price moving with a bearish channel and having a bullish break, we have a bullish bias that price might rise from our 1st resistance at 32226, which is in line with the swing highs to our 2nd resistance at 32767, which is in line with overlap resistance.

By IC Markets

Technical Analysis
28th July 2022 Thursday: Technical Outlook and Review

On the H4, with price moving with a bearish channel and having a bullish break, we have a bullish bias that price might rise from our 1st resistance at 32226, which is in line with the swing highs to our 2nd resistance at 32767, which is in line with overlap resistance.

By IC Markets

Technical Analysis
27th July 2022 Wednesday: Technical Outlook and Review

On the H4, with price moving with a bearish channel and having a bullish break, we have a bullish bias that price might rise from our 1st resistance at 32227, which is in line with the swing highs to our 2nd resistance at 32767, which is in line with overlap resistance.

By IC Markets

Technical Analysis
26th July 2022 Tuesday: Technical Outlook and Review

On the H4, with price moving with a bearish channel and having a bullish break, we have a bullish bias that price might rise from our 1st resistance at 32227, which is in line with the swing highs to our 2nd resistance at 32767, which is in line with overlap resistance.

By IC Markets

Technical Analysis
25th July 2022 Monday: Technical Outlook and Review

On the H4, with price moving with a bearish channel and having a bullish break, we have a bullish bias that price might rise from our 1st resistance at 31906, which is in line with the swing highs to our 2nd resistance at 32701, which is in line with -27.2% fibonacci expansion.

By IC Markets

Technical Analysis
22nd July 2022 Friday: Technical Outlook and Review

On the H4, with price moving with a bearish channel and having a bullish break, we have a bullish bias that price might rise from our 1st resistance at 32011, which is in line with the swing highs to our 2nd resistance at 32775, which is in line with swing high.

By IC Markets

Technical Analysis
21st July 2022 Thursday: Technical Outlook and Review

On the H4, with price moving in a ascending trendline and moving above ichimoku cloud,  we have a bullish bias that price might rise from our 1st support at 31787, which is in line with 141.4% fibonacci retracement to our 1st resistance at 32034, which is in line with 161.8% fibonacci retracement.

By IC Markets