{"id":51732,"date":"2022-01-19T15:08:41","date_gmt":"2022-01-19T04:08:41","guid":{"rendered":"https:\/\/www.icmarkets.com\/blog\/?p=51732"},"modified":"2022-01-19T15:08:41","modified_gmt":"2022-01-19T04:08:41","slug":"wednesday-19th-january-2022-technical-outlook-and-review","status":"publish","type":"post","link":"https:\/\/www.icmarkets.com\/blog\/wednesday-19th-january-2022-technical-outlook-and-review\/","title":{"rendered":"Wednesday 19th January 2022 : Technical Outlook and Review"},"content":{"rendered":"<h2><span style=\"font-weight: 400;\">DXY:<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">On the H4 timeframe, prices are abiding to a bearish trendline and are on bearish momentum. We expect a dip from our 1st resistance at 95.895 towards our 1st support at 95.6 in line with 23.6% Fibonacci retracement. RSI is at levels where dips previously occurred and ichimoku clouds are further supporting our bearish bias.<\/span><\/p>\n<p><b>Areas of consideration:<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 time frame, 1st resistance at 95.895<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 time frame, 1st support at 95.6<\/span><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/DXY_2022-01-19.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-large wp-image-51737\" src=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/DXY_2022-01-19-1024x490.png\" alt=\"\" width=\"660\" height=\"316\" srcset=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/DXY_2022-01-19-1024x490.png 1024w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/DXY_2022-01-19-300x144.png 300w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/DXY_2022-01-19-768x368.png 768w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/DXY_2022-01-19.png 1834w\" sizes=\"(max-width: 660px) 100vw, 660px\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<h2><span style=\"font-weight: 400;\">XAU\/USD (GOLD):<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">On the H4, prices are consolidating in a triangle. <\/span><span style=\"font-weight: 400;\">We see the potential for a bounce from our 1st support at 1809.932 in line with 38.2% Fibonacci retracement towards our 1st resistance at 1816.219 in line with 50% Fibonacci retracement. Prices are trading above ichimoku clouds and RSI are at levels where bounces occurred previously, further supporting our bullish bias.<\/span><\/p>\n<p><b>Areas of consideration:<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">4h 1st support at 1809.932<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">4h 1st resistance at 1805.838<\/span><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/XAUUSD_2022-01-19.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-large wp-image-51743\" src=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/XAUUSD_2022-01-19-1024x458.png\" alt=\"\" width=\"660\" height=\"295\" srcset=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/XAUUSD_2022-01-19-1024x458.png 1024w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/XAUUSD_2022-01-19-300x134.png 300w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/XAUUSD_2022-01-19-768x344.png 768w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/XAUUSD_2022-01-19.png 1834w\" sizes=\"(max-width: 660px) 100vw, 660px\" \/><\/a><\/p>\n<h2><span style=\"font-weight: 400;\">GBP\/USD<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">On the H4 chart, price is near 1st resistance level of 1.36036 which is also 61.8% Fibonacci retracement and 61.8% Fibonacci projection.\u00a0 Price can potentially go to the 2nd resistance level of 1.37413 which is also 61.8% Fibonacci projection and graphical swing high level.\u00a0 Our bullish bias is supported by the stochastic indicator as it is near support level.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Areas of consideration<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">1st resistance at 1.36036<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">1st support at 1.35289<\/span><\/li>\n<\/ul>\n<h2><a href=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/GBPUSD_2022-01-19_09-27-34.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-large wp-image-51739\" src=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/GBPUSD_2022-01-19_09-27-34-1024x500.png\" alt=\"\" width=\"660\" height=\"322\" srcset=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/GBPUSD_2022-01-19_09-27-34-1024x500.png 1024w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/GBPUSD_2022-01-19_09-27-34-300x147.png 300w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/GBPUSD_2022-01-19_09-27-34-768x375.png 768w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/GBPUSD_2022-01-19_09-27-34.png 1834w\" sizes=\"(max-width: 660px) 100vw, 660px\" \/><\/a><\/h2>\n<h2><span style=\"font-weight: 400;\">USD\/CHF<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">On the H4 timeframe, price is abiding to a descending channel, signifying a bearish momentum. Price is approaching the 1st resistance level of 0.91989, we can expect price to make a short-term bearish drop to the 1st support level of 9.91035 which is in line with our 100% Fibonacci projection and graphical swing low. Our bearish bias is supported by the stochastic indicator as it is at resistance level.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Areas of consideration:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Watch 1st Support at 0.91035<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Watch 1st Resistance at 0.91989<\/span><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/USDCHF_2022-01-19_10-10-42.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-large wp-image-51741\" src=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/USDCHF_2022-01-19_10-10-42-1024x500.png\" alt=\"\" width=\"660\" height=\"322\" srcset=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/USDCHF_2022-01-19_10-10-42-1024x500.png 1024w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/USDCHF_2022-01-19_10-10-42-300x147.png 300w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/USDCHF_2022-01-19_10-10-42-768x375.png 768w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/USDCHF_2022-01-19_10-10-42.png 1834w\" sizes=\"(max-width: 660px) 100vw, 660px\" \/><\/a><\/p>\n<h2><span style=\"font-weight: 400;\">EUR\/USD :<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">On the H4 chart , price is abiding by an ascending trendline and is near 1st support level of 1.12924\u00a0 which is also 78.6%\u00a0 Fibonacci retracement and 161.8% Fibonacci projection. Price can potentially go to the 1st resistance level of 1.13874 which is also 38.2%\u00a0 Fibonacci retracement. Our bullish bias is supported by the stochastic\u00a0 indicator as it is at support level\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Areas of consideration:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 1st resistance at 1.13874<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 1st support at 1.12924<\/span><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/EURUSD_2022-01-19_09-36-17.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-large wp-image-51738\" src=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/EURUSD_2022-01-19_09-36-17-1024x500.png\" alt=\"\" width=\"660\" height=\"322\" srcset=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/EURUSD_2022-01-19_09-36-17-1024x500.png 1024w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/EURUSD_2022-01-19_09-36-17-300x147.png 300w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/EURUSD_2022-01-19_09-36-17-768x375.png 768w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/EURUSD_2022-01-19_09-36-17.png 1834w\" sizes=\"(max-width: 660px) 100vw, 660px\" \/><\/a><\/p>\n<h2><span style=\"font-weight: 400;\">USD\/JPY<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">On the H4 timeframe, is abiding to the ascending channel on the daily, signifying an overall bullish momentum. We can now expect price to push higher from 1st Support in line with 23.6% Fibonacci retracement and graphical overlap support towards 1st Resistance in line with 61.8% Fibonacci projection and 61.8% Fibonacci retracement. Our bullish bias is further supported by the MACD indicator where the MACD line crossed above the signal line and both lines are in the oversold area.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Areas of consideration:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 1st resistance level 115.508<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 1st support level 114.287<\/span><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/USDJPY_2022-01-19_10-12-34.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-large wp-image-51742\" src=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/USDJPY_2022-01-19_10-12-34-1024x500.png\" alt=\"\" width=\"660\" height=\"322\" srcset=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/USDJPY_2022-01-19_10-12-34-1024x500.png 1024w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/USDJPY_2022-01-19_10-12-34-300x147.png 300w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/USDJPY_2022-01-19_10-12-34-768x375.png 768w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/USDJPY_2022-01-19_10-12-34.png 1834w\" sizes=\"(max-width: 660px) 100vw, 660px\" \/><\/a><\/p>\n<h2><span style=\"font-weight: 400;\">AUD\/USD:<\/span><\/h2>\n<p><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">In reference to last week\u2019s analysis, price indeed dropped to 1st Support @ 0.72023. <\/span><span style=\"font-weight: 400;\">On the H4, <\/span><span style=\"font-weight: 400;\">price is reacting within the ascending channel, signifying an overall bullish momentum. Price is approaching the 1st Support, we can expect to see price make a bullish bounce from 1st Support in line with 100% Fibonacci projection, 78.6% Fibonacci retracement and ascending channel support towards 1st Resistance in line with previous swing high and 78.6% Fibonacci projection.\u00a0 Our short-term bearish bias is further supported by the RSI indicator where it is approaching the support level.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Areas of consideration:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 1st Support level\u00a0 0.71724<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 1st resistance level 0.73091<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<p><a href=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/2022-01-19_AUD.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-large wp-image-51733\" src=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/2022-01-19_AUD-1024x477.png\" alt=\"\" width=\"660\" height=\"307\" srcset=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/2022-01-19_AUD-1024x477.png 1024w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/2022-01-19_AUD-300x140.png 300w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/2022-01-19_AUD-768x358.png 768w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/2022-01-19_AUD.png 2047w\" sizes=\"(max-width: 660px) 100vw, 660px\" \/><\/a><\/p>\n<h2><span style=\"font-weight: 400;\">NZD\/USD:<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">On the H4,\u00a0 <\/span><span style=\"font-weight: 400;\">prices are consolidating in an ascending channel and on bullish momentum. We see the potential for a bounce from our 1st support at 0.67563 towards our 1st resistance at 0.68098 in line with 38.2% Fibonacci retracement. RSI is at levels where bounces occurred previously, further supporting our bullish bias.\u00a0<\/span><\/p>\n<p><b>Areas of consideration:<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 time frame, 1st resistance at 0.68098<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 time frame, 1st support at 0.67563<\/span><\/li>\n<\/ul>\n<h2><a href=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/NZDUSD_2022-01-19.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-large wp-image-51740\" src=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/NZDUSD_2022-01-19-1024x490.png\" alt=\"\" width=\"660\" height=\"316\" srcset=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/NZDUSD_2022-01-19-1024x490.png 1024w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/NZDUSD_2022-01-19-300x144.png 300w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/NZDUSD_2022-01-19-768x368.png 768w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/NZDUSD_2022-01-19.png 1834w\" sizes=\"(max-width: 660px) 100vw, 660px\" \/><\/a><\/h2>\n<h2><span style=\"font-weight: 400;\">USD\/CAD:<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">On the H4,\u00a0 <\/span><span style=\"font-weight: 400;\">with price moving below the ichimoku cloud, we have a bearish bias that price will from from our 1st resistance at 1.25632 which is in line with horizontal overlap resistance and 38.2% Fibonacci retracement\u00a0 to 1st\u00a0 support at 1.24604, which is in line with horizontal overlap support and\u00a0 100% Fibonacci projection level. Alternatively, price may break 1st resistance structure and head for 2nd resistance at 1.26185, which coincides with horizontal overlap resistance and 61.8% Fibonacci retracement.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Areas of consideration:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 time frame, 1st support at<\/span><span style=\"font-weight: 400;\"> 1.24604<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 time frame, 1st resistance at <\/span><span style=\"font-weight: 400;\">1.25479<\/span><\/li>\n<\/ul>\n<h2><a href=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/2022-01-19_CAD.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-large wp-image-51734\" src=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/2022-01-19_CAD-1024x509.png\" alt=\"\" width=\"660\" height=\"328\" srcset=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/2022-01-19_CAD-1024x509.png 1024w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/2022-01-19_CAD-300x149.png 300w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/2022-01-19_CAD-768x382.png 768w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/2022-01-19_CAD.png 2047w\" sizes=\"(max-width: 660px) 100vw, 660px\" \/><\/a><\/h2>\n<h2><span style=\"font-weight: 400;\">OIL:<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">On the H4,\u00a0 <\/span><span style=\"font-weight: 400;\">with price moving above the ichimoku cloud, we have a bullish bias that price will rise to our 1st resistance at 90.84 which is in line with horizontal swing high resistance and 127.2% Fibonacci extension level from 1st\u00a0 support at 86.7, which is in line with horizontal overlap support. Alternatively, price may break 1st support structure and head for 2nd support at 83.86, which coincides with horizontal overlap support and 23.6% Fibonacci retracement.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Areas of consideration:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 time frame, 1st resistance of <\/span><span style=\"font-weight: 400;\">90.84<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 time frame, 1st support of <\/span><span style=\"font-weight: 400;\">86.7<\/span><\/li>\n<\/ul>\n<h2><a href=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/2022-01-19_OIL.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-large wp-image-51736\" src=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/2022-01-19_OIL-1024x509.png\" alt=\"\" width=\"660\" height=\"328\" srcset=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/2022-01-19_OIL-1024x509.png 1024w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/2022-01-19_OIL-300x149.png 300w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/2022-01-19_OIL-768x382.png 768w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/2022-01-19_OIL.png 2047w\" sizes=\"(max-width: 660px) 100vw, 660px\" \/><\/a><\/h2>\n<h2><span style=\"font-weight: 400;\">Dow Jones Industrial Average:<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">On the H4, with price approaching the support of the ichimoku cloud, we have a bullish bias that price will rise to our 1st resistance at 35672 which is in line with horizontal overlap resistance and 38.2% Fibonacci retracement level from 1st\u00a0 support at 35252, which is in line with horizontal swing low support and\u00a0 78.6% Fibonacci retracement level. Alternatively, price may break 1st support structure and head for 2nd support at 34750, which coincides with horizontal swing low support level and 127.2% Fibonacci extension.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Areas of consideration:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 time frame, 1st resistance of <\/span><span style=\"font-weight: 400;\">35672<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 time frame, 1st support of <\/span><span style=\"font-weight: 400;\">35252<\/span><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/2022-01-19_DJI.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-large wp-image-51735\" src=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/2022-01-19_DJI-1024x509.png\" alt=\"\" width=\"660\" height=\"328\" srcset=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/2022-01-19_DJI-1024x509.png 1024w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/2022-01-19_DJI-300x149.png 300w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/2022-01-19_DJI-768x382.png 768w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/2022-01-19_DJI.png 2047w\" sizes=\"(max-width: 660px) 100vw, 660px\" \/><\/a><\/p>\n<p><span style=\"font-weight: 400;\">The accuracy, completeness and timeliness of the information contained on this site cannot be guaranteed. IC Markets does not warranty, guarantee or make any representations, or assume any liability regarding financial results based on the use of the information in the site.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">News, views, opinions, recommendations and other information obtained from sources outside of www.icmarkets.com.au, used in this site are believed to be reliable, but we cannot guarantee their accuracy or completeness. All such information is subject to change at any time without notice. IC Markets assumes no responsibility for the content of any linked site.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The fact that such links may exist does not indicate approval or endorsement of any material contained on any linked site. IC Markets is not liable for any harm caused by the transmission, through accessing the services or information on this site, of a computer virus, or other computer code or programming device that might be used to access, delete, damage, disable, disrupt or otherwise impede in any manner, the operation of the site or of any user\u2019s software, hardware, data or property.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On the H4, with price approaching the support of the ichimoku cloud, we have a bullish bias that price will rise to our 1st resistance at 35672 which is in line with horizontal overlap resistance and 38.2% Fibonacci retracement level from 1st\u00a0 support at 35252, which is in line with horizontal swing low support and\u00a0 78.6% Fibonacci retracement level. <\/p>\n","protected":false},"author":8,"featured_media":51591,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[340,215,339,195],"tags":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/posts\/51732"}],"collection":[{"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/comments?post=51732"}],"version-history":[{"count":1,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/posts\/51732\/revisions"}],"predecessor-version":[{"id":51744,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/posts\/51732\/revisions\/51744"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/media\/51591"}],"wp:attachment":[{"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/media?parent=51732"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/categories?post=51732"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/tags?post=51732"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}