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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.

By IC Markets Global

Recent
IC Markets Asia Fundamental Forecast | 23 August 2023

IC Markets Asia Fundamental Forecast | 23 August 2023 What happened […]

By IC Markets Global

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, […]

By IC Markets Global

Recent
IC Markets Europe Fundamental Forecast | 22 August 2023

IC Markets Europe Fundamental Forecast | 22 August 2023 What happened […]

By IC Markets Global

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.

By IC Markets Global

Recent
IC Markets Asia Fundamental Forecast | 22 August 2023

IC Markets Asia Fundamental Forecast | 22 August 2023 What happened […]

By IC Markets Global

Recent
Monday 21st August 2023: Asia-Pacific Markets React to China’s LPR Adjustments and Varied Global Trends

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

By IC Markets Global

Recent
IC Markets Europe Fundamental Forecast | 21 August 2023

IC Markets Europe Fundamental Forecast | 21 August 2023 What happened […]

By IC Markets Global

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 Markets Global

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