ICMarket

Market Analysis

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

On the H4, with price moving above the ichimoku cloud, signifying an overall bullish momentum. We can expect price to rise to our 1st resistance at 36183 in line horizontal graphical swing high resistance and 161.8% Fibonacci extension from our 1st  support in line with horizontal overlap support and 38.2% Fibonacci retracement at 34705.

By IC Markets

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

On the H4, with price moving above the ichimoku cloud, signifying an overall bullish momentum. We can expect price to rise to our 1st resistance at 36251 in line horizontal graphical swing high resistance and 161.8% Fibonacci extension from our 1st  support in line with horizontal overlap support at 35680.

By IC Markets

Technical Analysis
Thursday 10th February 2022 : Technical Outlook and Review

On the H4, with price moving above the ichimoku cloud, signifying an overall bullish momentum. We can expect price to rise to our 1st resistance at 36251 in line horizontal graphical swing high resistance and 161.8% Fibonacci extension from our 1st  support in line with horizontal overlap support at 35680.

By IC Markets

Technical Analysis
Wednesday 9th February 2022 : Technical Outlook and Review

On the H4, with price moving above the ichimoku cloud, signifying an overall bullish momentum. We can expect price to rise to our 1st resistance at 36020 in line horizontal graphical swing high resistance and 78.6% Fibonacci retracement from our 1st  support in line with horizontal overlap support and 23.6% Fibonacci retracement level at 35024.

By IC Markets

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

On the H4, with price moving above the ichimoku cloud, signifying an overall bullish momentum. We can expect price to rise to our 1st resistance at 35728 in line horizontal graphical swing high resistance and 78.6% Fibonacci retracement from our 1st  support in line with horizontal overlap support and 23.6% Fibonacci retracement level at 35024.

By IC Markets

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

On the H4, with price moving above the ichimoku cloud, signifying an overall bullish momentum. We can expect price to rise to our 1st resistance at 35728 in line horizontal graphical swing high resistance and 78.6% Fibonacci retracement from our 1st  support in line with horizontal overlap support and 23.6% Fibonacci retracement level at 35024.

By IC Markets

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

On the H4, with price moving above the ichimoku cloud, signifying an overall bullish momentum. We can expect price to rise to our 1st resistance at 35728 in line horizontal graphical swing high resistance and 78.6% Fibonacci retracement from our 1st  support in line with horizontal overlap support and 23.6% Fibonacci retracement level at 35028.

By IC Markets

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

On the H4, with price expected to reverse off the stochastics indicator, signifying an overall bearish momentum. We can expect price to drop from our 1st resistance at 35728 in line horizontal graphical overlap and 78.6% Fibonacci retracement towards 1st  support in line with horizontal overlap support ,23.6% Fibonacci retracement level at 35028.

By IC Markets

Technical Analysis
Monday 31th January 2022 : Technical Outlook and Review

On the H4, with price moving below the ichimoku cloud, signifying an overall bearish momentum. We can expect price to drop from our 1st resistance at 34764 in line horizontal graphical overlap and 38.2% Fibonacci retracement towards 1st  support in line with horizontal overlap support ,161.8% Fibonacci extension level at 33307.

By IC Markets