ICMarket

Market Analysis

Technical Analysis
Wednesday 23rd 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
Tuesday 22nd 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 34976 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 21st 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 34991 in line with the horizontal swing high resistance from our 1st support at 34309 in line with the 23.6% Fibonacci retracement.

By IC Markets

Technical Analysis
Friday 18th March 2022 : Technical Outlook and Review

On the H4, with price expected to reverse off the stochastics indicator, we have a bias that price will drop from 1st resistance at 34412 in line with the horizontal swing high resistance to 1st support at 33426 in line with the overlap support

By IC Markets

Technical Analysis
Thursday 17th 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 1st resistance at 34054 in line with the swing high resistance from 1st support at 33183 in line with the swing low support and 50% Fibonacci retracement.

By IC Markets

Technical Analysis
Wednesday 16th 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 1st resistance at 34075 in line with the swing high resistance from 1st support at 33183 in line with the swing low support and 50% Fibonacci retracement.

By IC Markets

Technical Analysis
Tuesday 15th March 2022 : Technical Outlook and Review

On the H4, with price moving below the ichimoku cloud, we have a bias that price will drop from 1st resistance at 33183 in line with the swing high resistance to 1st support at 32538 in line with the swing low support .

By IC Markets

Technical Analysis
Monday 14th March 2022 : Technical Outlook and Review

On the H4, with price moving below the ichimoku cloud, we have a bias that price will drop from 1st resistance at 33437 in line with the 61.8% Fibonacci retracement to 1st support at 32251 in line with the swing low support .

By IC Markets

Technical Analysis
Friday 11th March 2022 : Technical Outlook and Review

On the H4 timeframe, with price at the resistance of the ichimoku cloud, we have a bearish bias that price will drop from 1st resistance at 33291 in line with the 50% Fibonacci retracement to 1st support at 32352 in line with the swing low support and 127.2% Fibonacci extension .

By IC Markets