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South Africa Day of Reconciliation Trading Schedule 2023

Dear Trader, Please find our updated trading schedule for the South […]

By IC Markets Global

Technical Analysis
Tuesday 12th December 2023: Technical Outlook and Review

The DXY (US Dollar Index) chart currently has a bearish overall momentum, and there's a potential scenario where price could make a bearish reaction off the 1st resistance level and drop towards the 1st support.

By IC Markets Global

Technical Analysis
Monday 11th December 2023: Technical Outlook and Review

The DXY chart currently exhibits a bearish overall momentum, and there's potential for a bearish reaction off the 1st resistance level, suggesting a possible downward movement towards the 1st support.

By IC Markets Global

Technical Analysis
Friday 8th December 2023: Technical Outlook and Review

The DXY chart currently shows a bearish overall momentum, indicating a potential for a bearish continuation in the price action.

By IC Markets Global

Technical Analysis
Thursday 7th December 2023: Technical Outlook and Review

The DXY (US Dollar Index) chart is currently exhibiting a bearish overall momentum, and there's a possibility of a bearish reaction off the 1st resistance level, leading to a potential drop towards the 1st support.

By IC Markets Global

Technical Analysis
Wednesday 6th Dec 2023: Technical Outlook and Review

The DXY (US Dollar Index) chart currently has a bearish overall momentum, and there's potential for a bearish continuation towards the 1st support level.

By IC Markets Global

Technical Analysis
Tuesday 5th Dec 2023: Technical Outlook and Review

The DXY (US Dollar Index) chart currently has a bearish overall momentum. Price could potentially continue this bearish trend towards the 1st support at 103.02, which is identified as an overlap support. This level may act as a significant area where buying interest could emerge and potentially provide some support for the DXY.

By IC Markets Global

Technical Analysis
Monday 4th Dec 2023: Technical Outlook and Review

The EUR/USD chart currently exhibits a bullish overall momentum, suggesting potential price action where it may experience a bullish bounce off the 1st support and move towards the 1st resistance.

By IC Markets Global

Recent
On the Wings of a Dove – Gold Hits New Record Highs

Gold surged to fresh all-time highs today as dovish comments from Federal Reserve Bank Chairman Jerome Powell on Friday led to more pressure on the US dollar.

By IC Markets Global