ICMarket

Technical Analysis

Technical Analysis
13th July 2022 Wednesday: Technical Outlook and Review

On the H4, with price moving below the ichimoku cloud, we have a bearish bias that price will drop to our 1st support at 89.44 where the 161.8% Fibonacci extension is from our 1st resistance at 96.93 in line with the horizontal pullback resistance and 50% Fibonacci retracement.

By IC Markets

Technical Analysis
12th July 2022 Tuesday: Technical Outlook and Review

On the H4, with price moving above the ichimoku cloud, we have a bullish bias that price will rise from our 1st support at 31218 where the horizontal pullback support is to our 1st resistance at 31866 in line with the horizontal swing high resistance.

By IC Markets

Technical Analysis
08th July 2022 Friday: Technical Outlook and Review

On the H4, with price moving above the ichimoku cloud, we have a bullish bias that price will rise from our 1st support at 31218 where the horizontal pullback support is to our 1st resistance at 31866 in line with the horizontal swing high resistance.

By IC Markets

Technical Analysis
07th July 2022 Thursday: Technical Outlook and Review

On the H4, with price expected to reverse off the ichimoku cloud, we have a bearish bias that price will drop to our 1st support at 30422 where the horizontal swing low support and 61.8% Fibonacci retracement are from our 1st resistance at 31216 in line with the horizontal swing high resistance and 50% Fibonacci retracement.

By IC Markets

Technical Analysis
06th July 2022 Wednesday: Technical Outlook and Review

On the H4, with price expected to reverse off the ichimoku cloud, we have a bearish bias that price will drop to our 1st support at 30422 where the horizontal swing low support and 61.8% Fibonacci retracement are from our 1st resistance at 31216 in line with the horizontal swing high resistance and 50% Fibonacci retracement.

By IC Markets

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

On the H4, with price moving along an ascending channel and expected to break out of the ichimoku cloud, we have a bullish bias that price will rise from our 1st support at 30862 where the horizontal pullback support and 38.2% Fibonacci retracement are to our 1st resistance at 31866 in line with the horizontal swing high resistance and 61.8% fibonacci retracement.

By IC Markets

Technical Analysis
04th July 2022 Monday: Technical Outlook and Review

On the H4, with price moving along an ascending channel and expected to break out of the ichimoku cloud, we have a bullish bias that price will rise from our 1st support at 30862 where the horizontal pullback support and 38.2% Fibonacci retracement are to our 1st resistance at 31866 in line with the horizontal swing high resistance and 61.8% fibonacci retracement.

By IC Markets

Technical Analysis
01st July 2022 Friday: Technical Outlook and Review

On the H4, with price moving along an ascending channel and ichimoku cloud, we have a bullish bias that price will rise from our 1st support at 30862 where the horizontal pullback support and 38.2% Fibonacci retracement are to our 1st resistance at 31866 in line with the horizontal swing high resistance and 61.8% fibonacci retracement.

By IC Markets

Technical Analysis
30th June 2022 Thursday: Technical Outlook and Review

On the H4, with price moving along an ascending trendline and ichimoku cloud, we have a bullish bias that price will rise from our 1st support at 30862 where the horizontal pullback support and 38.2% Fibonacci retracement are to our 1st resistance at 31866 in line with the horizontal swing high resistance and 61.8% fibonacci retracement.

By IC Markets