ICMarket

Market Analysis

Technical Analysis
Thursday 10th 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 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
Wednesday 9th March 2022 : Technical Outlook and Review

On the H4 timeframe, price is near 1st support level of 32352  in line with horizontal swing low support and 127.2% Fibonacci extension. Price can potentially rise to the 1st resistance level of 34055 in line with the swing high resistance and 50% Fibonacci retracement.

By IC Markets

Technical Analysis
Tuesday 8th March 2022 : Technical Outlook and Review

On the H4 timeframe, price is near 1st support level of 32352  in line with horizontal swing low support and 127.2% Fibonacci extension. Price can potentially rise to the 1st resistance level of 34055 in line with the swing high resistance and 50% Fibonacci retracement.

By IC Markets

Technical Analysis
Monday 7th March 2022 : Technical Outlook and Review

On the H4 timeframe, We see the possibility of bearish continuation from our 1st resistance at 34055 in line with horizontal overlap resistance towards our 1st support at 32352 in line with the horizontal swing low support.

By IC Markets

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

On the H4 timeframe, We see the possibility of bearish continuation from our 1st resistance at 34055 in line with horizontal overlap resistance towards our 1st support at 32352 in line with the horizontal swing low support.

By IC Markets

Technical Analysis
Thursday 3rd March 2022 : Technical Outlook and Review

On the H4 timeframe, We see the possibility of bearish continuation from our 1st resistance at 34055 in line with horizontal overlap resistance towards our 1st support at 32352 in line with the horizontal swing low support.

By IC Markets

Technical Analysis
Wednesday 2nd March 2022 : Technical Outlook and Review

On the H4 timeframe, We see the possibility of bearish continuation from our 1st resistance at 34055 in line with horizontal overlap resistance towards our 1st support at 32352 in line with the horizontal swing low support.

By IC Markets

Technical Analysis
Tuesday 1st March 2022 : Technical Outlook and Review

On the H4 timeframe, We see the possibility of bearish continuation from our 1st resistance at 34055 in line with horizontal overlap resistance towards our 1st support at 32352 in line with the horizontal swing low support.

By IC Markets

Technical Analysis
Monday 28th February 2022 : Technical Outlook and Review

On the H4 timeframe, We see the possibility of bearish continuation from our 1st resistance at 33650 in line with horizontal overlap resistance towards our 1st support at 32352 in line with the horizontal swing low support.

By IC Markets