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Technical Analysis
Tuesday 18th August: Technical Outlook and Review

The Australian dollar outperformed Monday amidst a slump in US Treasury yields and a depreciating greenback. This witnessed H4 candles overwhelm offers residing around resistance at 0.7189 (now labelled support) and the 0.72 handle, a move that underlined daily resistance at 0.7235 as the next port of call.

By IC Markets Global

Technical Analysis
Monday 17th August: Weekly Technical Outlook and Review

Persistent USD weakness kept Europe’s single currency on the winning side of the table last week, marking an 8th consecutive weekly gain. Although price failed to chalk up fresh peaks, support at 1.1733, a prior Quasimodo resistance level, established a firm presence.

By IC Markets Global

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Upcoming changes to ASX shares trading costs

To maintain our high level of service, we are introducing a monthly ASX […]

By icmarkets

Technical Analysis
Friday 14th August: Technical Outlook and Review

Europe’s shared currency accelerated to the upside against the US dollar Thursday, dragging EUR/USD north of 1.18 to highs just above 1.1850.

By IC Markets Global

Technical Analysis
Thursday 13th August: Technical Outlook and Review

The British pound maintained a mild bearish presence against the US dollar Wednesday, failing to glean much impetus from better-than-expected UK growth data. GBP/USD, based on the H4 timeframe, is seen floating north of the 1.30 key figure, a level boasting a connection with a Quasimodo support left shoulder (red arrow – 1.3004).

By IC Markets Global

Technical Analysis
Wednesday 12th August: Technical Outlook and Review

Major US benchmarks slipped lower on Tuesday, weighed by losses in technology stocks. The Dow Jones Industrial Average dropped 104.53 points, or 0.38%; the S&P 500 declined 26.78 points, or 0.80%, while the tech-heavy Nasdaq 100 concluded lower by 209.09 points, or 1.89%.

By IC Markets Global

Technical Analysis
Tuesday 11th August: Technical Outlook and Review

The US dollar index, or DXY, built on Friday’s advance during Monday’s session, clocking highs at 93.70. As a reminder, the DXY closed out last week recording a seventh consecutive decline.

By IC Markets Global

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South Africa – National Women’s Day Trading Schedule 2020

Dear Trader, Please find our updated trading schedule for the South Africa - National Women's Day  on Monday August 10th, 2020.

By IC Markets Global

Technical Analysis
Monday 10th August: Weekly Technical Outlook and Review

Total US non-farm payroll employment rose by 1.8 million in July, the Bureau of Labour Statistics reported Friday. Although beating expectations, we’re still a long way off the 4.791 million rise in June, which is unsurprising due to increasing COVID-19 cases across the US.

By IC Markets Global

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Anzac Day Trading Schedule 2024

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General Market Analysis
General Market Analysis 29/03/2024

By IC Markets Global