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Technical Analysis
Thursday 9th March 2023: Technical Outlook and Review

Price is testing our 1st support level at 1804, which is an overlap support. If the price were to break from this level, we could see it drop back down to the 2nd support level at 1785, which is a major overlap support.

By IC Markets

Technical Analysis
Wednesday 8th March 2023: Technical Outlook and Review

The price is approaching our 1st support level at 1804, which is an overlap support. If the price were to break from this level, we could see it drop back down to the 2nd support level at 1785, which is a major overlap support.

By IC Markets

Recent
Tuesday 7th March 2023: Optimism in Asian Equities as Investors Eye Powell’s Testimony and Economic Indicators

Global Markets: News & Data: Markets Update: Asian equities gained ground […]

By IC Markets

Technical Analysis
Tuesday 7th March 2023: Technical Outlook and Review

We’re seeing price test major resistance at 80.81 which is a recent swing high resistance. It is worth noting that price is seeing a recent ascending support line suggesting that there might be bullish momentum.

By IC Markets

Technical Analysis
Monday 6th March 2023: Technical Outlook and Review

Price has bounced off from our first support and it could potentially push up to our first resistance level at 1880 with the 50% Fibonacci retracement. However, if the price were to break, it could push up to our second resistance level at 1907 with the 61.8% Fibonacci retracement.

By IC Markets

Recent
IC Markets Europe Fundamental Forecast | 03 March 2023

What happened across the Asia session? During the session, the Tokyo […]

By IC Markets

Technical Analysis
Friday 03rd March 2023: Technical Outlook and Review

Price has broken out of a recent bearish channel suggesting a bullish move might be on the cards. We’re seeing the 1st resistance at 1864 which is an overlap resistance that lines up with the 38.2% Fibonacci retracement.

By IC Markets

Recent
Thursday 02nd March 2023: Nikkei soars on inflation cues

Global Markets: News & Data: Markets Update: Most Asian stocks inched […]

By IC Markets

Technical Analysis
Thursday 02nd March 2023: Technical Outlook and Review

Price has broken out of a recent bearish channel suggesting a bullish move might be on the cards. We’re seeing the 1st resistance at 1864 which is an overlap resistance that lines up with the 38.2% Fibonacci retracement.

By IC Markets