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Market Analysis

Technical Analysis
Wednesday 30th August 2023: Technical Outlook and Review

The DXY (US Dollar Index) chart is currently characterized by a bearish momentum, attributed to its break below an ascending support line, indicating the potential for a downward price movement. In this context, the chart could potentially witness a decline towards the 1st support level at 103.40.

By IC

Recent
IC Markets Asia Fundamental Forecast | 30 August 2023

IC Markets Asia Fundamental Forecast | 30 August 2023 What happened […]

By IC

Recent
Tuesday 29th Aug 2023: Asia-Pacific Markets Rally as Hong Kong and Mainland China Lead Gains

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

By IC

Recent
IC Markets Europe Fundamental Forecast | 29 August 2023

IC Markets Europe Fundamental Forecast | 29 August 2023 What happened […]

By IC

Technical Analysis
Tuesday 29th Aug 2023: Technical Outlook and Review

The DXY (US Dollar Index) chart is currently showing bullish overall momentum, suggesting a potential upward trend in the price. The price is above a major ascending trend line, indicating the possibility of further bullish movement, and it's also above the bullish Ichimoku cloud, which reinforces the bullish sentiment.

By IC

Recent
IC Markets Asia Fundamental Forecast | 29 August 2023

IC Markets Asia Fundamental Forecast | 29 August 2023 What happened […]

By IC

Recent
Monday 28th August 2023: Asia-Pacific Markets Rise as Chinese Stocks Lead

Global Markets: News & Data: Markets Update: Asia-Pacific markets kicked off […]

By IC

Recent
IC Markets Europe Fundamental Forecast | 28 August 2023

IC Markets Europe Fundamental Forecast | 28 August 2023 What happened […]

By IC

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.

By IC