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Technical Analysis

Technical Analysis
Friday 31st May: US announced a 5% tariff on all goods coming from Mexico; intensifying volatility in early trade.

EUR/USD: For traders who read Thursday’s morning brief you may recall […]

By IC Markets Global

Technical Analysis
Thursday 30th May: Liquidity may thin today given major European banks closing in observance of Ascension Day.

EUR/USD: Recording its third consecutive daily loss, the EUR/USD is seen […]

By IC Markets Global

Technical Analysis
Wednesday 29th May: US dollar index poised to approach 98.00.

EUR/USD: In recent sessions, the market witnessed the euro cede further […]

By IC Markets Global

Technical Analysis
Tuesday 28th May: Greenback in positive territory despite lacklustre market.

EUR/USD: Monday’s session witnessed the EUR/USD tick higher to 1.1215 in […]

By IC Markets Global

Technical Analysis
Monday 27th May: Weekly technical outlook and review – US and UK bank closures today

EUR/USD: Weekly gain/loss: +0.42% Weekly close: 1.1203 Weekly perspective: Following a […]

By IC Markets Global

Technical Analysis
Friday 24th May: US core durable goods orders eyed amid a light economic calendar today.

EUR/USD: Latest economic reports came in largely disappointing, with service and […]

By IC Markets Global

Technical Analysis
Thursday 23rd May: Slew of European manufacturing data on the radar today – remain vigilant

UK Prime Minister May facing calls from within the Conservative Party to resign after the PM unveiled her new Brexit bill, collectively weighed on the pound.

By IC Markets Global

Technical Analysis
Wednesday 22nd May: Dollar exploring ground above 98.00 ahead of today’s FOMC.

The market witnessed sterling spike higher on speculation UK PM May was to offer major concessions on Brexit in an effort to push a deal through Parliament.

By IC Markets Global

Technical Analysis
Tuesday 21st May: Dollar teases underside of 98.00 ahead of Fed speak.

The Australian dollar found broad support vs. the majority of its major rivals at the beginning of the week, a reaction to local elections: a surprise win for the Liberal-National coalition.

By IC Markets Global