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South Africa Heritage Day Trading Schedule 2023

Dear Trader, Please find our updated trading schedule for the South Africa Heritage Day  on Monday September 25th, 2023. IC Markets

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Technical Analysis
Monday 28th August 2023: Technical Outlook and Review

The DXY (U.S. Dollar Index) chart currently exhibits a bullish momentum. This suggests the possibility that the price could continue its bullish trajectory, aiming towards the first resistance level.

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Recent
Friday 25th Aug 2023: Asia-Pacific Markets See Decline Amidst Anticipation of Insights into U.S. Monetary Policy

Global Markets: News & Data: Markets Update: Asia-Pacific markets witnessed a […]

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Technical Analysis
Friday 25th Aug 2023: Technical Outlook and Review

The DXY, which stands for the U.S. Dollar Index, is currently displaying a bullish momentum. One of the prominent indicators supporting this momentum is the fact that the price is maintaining a position above a significant ascending trend line.

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Technical Analysis
Thursday 24th August 2023: Technical Outlook and Review

The XAU/USD (Gold to US Dollar) chart is currently showing a bullish momentum, suggesting a tendency for upward movement. In this context, there's a potential scenario where the price could experience a bullish continuation towards the 1st resistance at 1931.07.

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Technical Analysis
Wednesday 23rd Aug 2023: Technical Outlook and Review

The WTI chart currently indicates a bearish momentum, suggesting a prevailing downward trend. There is potential for price to continue its downward movement towards the 1st support level at 78.83.

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Recent
Tuesday 22nd August 2023: Asia-Pacific Markets Showcase Resilient Growth Amidst Bond Yields and Commodity Shifts

Global Markets: News & Data: Markets Update: In the Asia-Pacific region, […]

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Technical Analysis
Tuesday 22nd August 2023: Technical Outlook and Review

The DXY chart currently displays a bearish momentum, suggesting a prevailing downward trend. Given this momentum, there is a potential scenario where the price could undergo a bearish breakout from the 1st support level at 103.20, potentially leading to a decline towards the 2nd support at 102.79.

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Technical Analysis
Monday 21st August 2023: Technical Outlook and Review

The DXY chart currently displays a bearish momentum, suggesting a prevailing downward trend. Within this context, there's a potential scenario where the price could experience a bearish reaction upon reaching the 1st resistance level at 103.43. This level is significant as an overlap resistance, potentially causing a downward movement.

By IC