Tuesday 7th March 2023: Technical Outlook and Review
We’re seeing price test major resistance at 80.81 which is a recent swing high resistance. It is worth noting that price is seeing a recent ascending support line suggesting that there might be bullish momentum.
IC Markets Asia Fundamental Forecast | 7 March 2023
What happened in the US session? CAD Ivey PMI decreased to […]
IC Markets Europe Fundamental Forecast | 06 March 2023
What happened in the Asian session? AUD’s MI Inflation Gauge m/m […]
Monday 6th March 2023: Asia-Pacific Equities Mixed as Investors Assess China’s Growth Target and Await Economic Data
Global Markets: News & Data: Markets Update: Asia-Pacific equities traded with […]
Monday 6th March 2023: Technical Outlook and Review
Price has bounced off from our first support and it could potentially push up to our first resistance level at 1880 with the 50% Fibonacci retracement. However, if the price were to break, it could push up to our second resistance level at 1907 with the 61.8% Fibonacci retracement.
IC Markets Asia Fundamental Forecast | 06 March 2023
What happened in the US session? The US ISM Services PMI […]
IC Markets Europe Fundamental Forecast | 03 March 2023
What happened across the Asia session? During the session, the Tokyo […]
IC Markets Asia Fundamental Forecast | 03 March 2023
What happened in the US session? US unemployment claims for the […]
Friday 03rd March 2023: Technical Outlook and Review
Price has broken out of a recent bearish channel suggesting a bullish move might be on the cards. We’re seeing the 1st resistance at 1864 which is an overlap resistance that lines up with the 38.2% Fibonacci retracement.
