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Canada Civic Holiday Trading Schedule 2023

Dear Trader, Please find our updated trading schedule for the Canada Civic Day Holiday  on Monday August 07th, 2023. All times mentioned below are Platform time

By IC Markets Global

Technical Analysis
Friday 4th Aug 2023: Technical Outlook and Review

The DXY instrument is currently in a bearish trend, with a potential for a bearish continuation towards the 1st support level at 102.00. This support level serves as a pullback support and aligns with the 23.60% Fibonacci Retracement level.

By IC Markets Global

Technical Analysis
Thursday 3rd Aug 2023: Technical Outlook and Review

The US dollar index (DXY) chart indicates a bullish momentum, suggesting a potential bullish continuation towards the 1st resistance level at 102.77 which is an overlap resistance and also coincides with the 78.60% Fibonacci retracement and the 100% Fibonacci projection levels, indicating Fibonacci confluence.

By IC Markets Global

Technical Analysis
Wednesday 2nd Aug 2023: Technical Outlook and Review

The DXY financial instrument is currently demonstrating bullish momentum, suggesting a potential bullish continuation towards the first resistance level at 102.77.

By IC Markets Global

Technical Analysis
Tuesday 1st Aug 2023: Technical Outlook and Review

The DXY is showing a bearish trend, with the possibility of a bearish reaction off the 1st resistance level at 102.00 that could lead the price to drop towards the 1st support level at 101.46. This resistance level is significant due to its role as an overlap resistance and its alignment with the 61.80% Fibonacci retracement and 78.60% Fibonacci projection levels, suggesting a Fibonacci confluence.

By IC Markets Global

Technical Analysis
Monday 31st July 2023: Technical Outlook and Review

The DXY is demonstrating a bearish trend at the moment, being positioned below a significant descending trend line. This suggests the potential for a continuation of bearish momentum. The likelihood is that price could potentially continue its bearish move towards the 1st support, located at 99.66. This support level has credibility due to its history as a multi-swing low support.

By IC Markets Global

Technical Analysis
Friday 28th July 2023: Technical Outlook and Review

The XAU/USD pair, the chart's overall momentum is bearish. Consequently, we could potentially witness a bearish reaction off the 1st resistance level, which would then cause the price to drop towards the 1st support level.

By IC Markets Global

Technical Analysis
Thursday 27th July 2023: Technical Outlook and Review

The DXY instrument is currently showing a bearish overall momentum. It's predicted that the price could potentially make a bearish reaction off the 1st resistance and drop to the 1st support level. The 1st support is located at 100.39 and is seen as good due to its quality as a pullback support and its position at the 61.80% Fibonacci retracement level.

By IC Markets Global

Technical Analysis
Wednesday 26th July 2023: Technical Outlook and Review

The DXY chart displays a bullish momentum, suggesting a potential upward continuation towards the 1st resistance. The 1st support is at 100.84, identified as an overlap support. The 2nd support at 100.02 aligns with the 78.60% Fibonacci retracement level, further enhancing its significance.

By IC Markets Global

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Anzac Day Trading Schedule 2024

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General Market Analysis
General Market Analysis 29/03/2024

By IC Markets Global

Technical Analysis
Thursday 28th March 2024: Technical Outlook and Review

By IC Markets Global