Tuesday 16th April 2024: Technical Outlook and Review
An Overlap support, indicating a significant level where buyers might step in to support the price, potentially leading to a reversal or temporary halt in the bullish momentum.
Monday 15th April 2024: Technical Outlook and Review
An Overlap resistance with a 78.60% Fibonacci Projection, indicating a significant level where selling pressure might increase, potentially leading to a reversal in the bullish momentum.
Friday 12th April 2024: Technical Outlook and Review
Acts as an Overlap resistance, indicating a key level where buying interest might intensify, suggesting a solid foundation for a potential upward movement within the context of the overall bullish trend.
Thursday 11th April 2024: Technical Outlook and Review
Acts as Pullback resistance with a 127.20% Fibonacci Extension, indicating a key level where selling pressure might intensify, suggesting a potential turning point for the price to reverse and move downwards despite the prevailing bullish trend.
Tuesday 9th April 2024: Technical Outlook and Review
Acts as a pullback support that aligns with a 61.8% Fibonacci projection level, indicating a key level where buying interest might intensify, suggesting a solid foundation for a potential upward movement within the context of the overall bullish trend.
Monday 8th April 2024: Technical Outlook and Review
Factors contributing to the momentum include the price being above the bullish Ichimoku cloud, indicating a strong bullish sentiment.
Friday 5th April 2024: Technical Outlook and Review
DXY (US Dollar Index): Potential Direction: Bullish Overall momentum of the […]
Thursday 4th April 2024: Technical Outlook and Review
Acts as an Overlap support with a 50% Fibonacci Retracement, indicating a key level where buying interest might intensify, suggesting a solid foundation for a potential upward movement within the context of the overall bullish trend.
Australian Daylight Savings: Updated Trading Schedule 2024
Dear Client, As part of our commitment to providing the best trading experience to our clients, we want to inform you there will be an adjustment in the trading schedule due to the Australia entering Daylight Savings on Sunday, 07 April 2024.
