ICMarket

Market Analysis

Technical Analysis
05th April Tuesday 2022 : Technical Outlook and Review

On the H4, with price moving above the ichimoku cloud, we have a bias that price will rise to our 1st resistance at 35823 in line with the 127.2% Fibonacci extension from our 1st support at 34065 in line with the horizontal pullback support and 50% Fibonacci retracement.

By IC Markets

Technical Analysis
4th April Friday 2022 : Technical Outlook and Review

On the H4, with price moving above the ichimoku cloud, we have a bias that price will rise to our 1st resistance at 35823 in line with the 127.2% Fibonacci extension from our 1st support at 34065 in line with the horizontal pullback support and 50% Fibonacci retracement.

By IC Markets

Technical Analysis
1st April Friday 2022 : Technical Outlook and Review

On the H4, with price moving above the ichimoku cloud, we have a bias that price will rise to our 1st resistance at 34673 in line with the 127.2% Fibonacci extension from our 1st support at 34059 in line with the horizontal pullback support.

By IC Markets

Technical Analysis
Thursday 31st March 2022 : Technical Outlook and Review

On the H4, with price moving above the ichimoku cloud, we have a bias that price will rise to our 1st resistance at 35823 in line with the 127.2% Fibonacci extension from our 1st support at 35012 in line with the horizontal pullback support.

By IC Markets

Technical Analysis
Wednesday 30th March 2022 : Technical Outlook and Review

On the H4, with price moving above the ichimoku cloud, we have a bias that price will rise to our 1st resistance at 35823 in line with the 127.2% Fibonacci extension from our 1st support at 35012 in line with the horizontal pullback support.

By IC Markets

Technical Analysis
Tuesday 29th March 2022 : Technical Outlook and Review

On the H4, with price expected to reverse off the stochastics level, we have a bias that price will drop from 1st resistance at 35011 in line with the horizontal overlap resistance and 161.8% Fibonacci extension to 1st support at 34073 in line with the pullback support .

By IC Markets

Technical Analysis
Monday 28th March : Technical Outlook and Review

On the H4, with price expected to reverse off the stochastics level, we have a bias that price will drop from 1st resistance at 35011 in line with the horizontal overlap resistance and 161.8% Fibonacci extension to 1st support at 34073 in line with the pullback support .Alternatively, price may break 1st resistance and head for 2nd resistance at 35808 in line with the 161.8% Fibonacci extension.

By IC Markets

Technical Analysis
Friday 25th March 2022 : Technical Outlook and Review

On the H4, with price expected to reverse off the stochastics level, we have a bias that price will drop from 1st resistance at 35011 in line with the horizontal overlap resistance and 161.8% Fibonacci extension to 1st support at 34073 in line with the pullback support .Alternatively, price may break 1st resistance and head for 2nd resistance at 35808 in line with the 161.8% Fibonacci extension.

By IC Markets

Technical Analysis
Thursday 24th March 2022 : Technical Outlook and Review

On the H4, with price expected to reverse off the stochastics level, we have a bias that price will drop from 1st resistance at 35011 in line with the horizontal overlap resistance and 161.8% Fibonacci extension to 1st support at 34073 in line with the pullback support .

By IC Markets