{"id":51889,"date":"2022-01-26T15:06:22","date_gmt":"2022-01-26T04:06:22","guid":{"rendered":"https:\/\/www.icmarkets.com\/blog\/?p=51889"},"modified":"2022-01-26T15:06:22","modified_gmt":"2022-01-26T04:06:22","slug":"wednesday-26th-january-2022-technical-outlook-and-review","status":"publish","type":"post","link":"https:\/\/www.icmarkets.com\/blog\/wednesday-26th-january-2022-technical-outlook-and-review\/","title":{"rendered":"Wednesday 26th 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 on bullish momentum and consolidating in a triangle. We would expect potentially a bounce from our 1st support at 95.878 in line with 23.6% Fibonacci retracement and 127.2% Fibonacci extension towards our 1st resistance at 96.219 in line with 61.8% Fibonacci extension and descending trendline resistance. Prices are trading above our ichimoku support and also ascending trendline, further supporting our bullish bias.<\/span><\/p>\n<p><b>Areas of consideration:<\/b><\/p>\n<p><span style=\"font-weight: 400;\">H4 time frame, 1st resistance at 96.219<\/span><\/p>\n<p><span style=\"font-weight: 400;\">H4 time frame, 1st support at 95.878<\/span><\/p>\n<p><a href=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/DXY_2022-01-26.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-large wp-image-51894\" src=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/DXY_2022-01-26-1024x458.png\" alt=\"\" width=\"660\" height=\"295\" srcset=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/DXY_2022-01-26-1024x458.png 1024w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/DXY_2022-01-26-300x134.png 300w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/DXY_2022-01-26-768x344.png 768w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/DXY_2022-01-26.png 1834w\" sizes=\"(max-width: 660px) 100vw, 660px\" \/><\/a><\/p>\n<h2><span style=\"font-weight: 400;\">XAU\/USD (GOLD):<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">On the H4 chart, prices are on bullish momentum and consolidating in a parallel pattern. We see a potential for a dip from our 1st resistance at 1855.332 in line with 61.8% Fibonacci retracement and 161.8% Fibonacci projection towards our 1st support at 1830.416 in line with 38.2% Fibonacci retracement. RSI are close to a level where dips previously occurred.\u00a0<\/span><\/p>\n<p><b>Areas of consideration:<\/b><\/p>\n<p><span style=\"font-weight: 400;\">4h 1st support at 1832.595<\/span><\/p>\n<p><span style=\"font-weight: 400;\">4h 1st resistance at 1846.542<\/span><\/p>\n<p><a href=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/XAUUSD_2022-01-26.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-large wp-image-51900\" src=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/XAUUSD_2022-01-26-1024x458.png\" alt=\"\" width=\"660\" height=\"295\" srcset=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/XAUUSD_2022-01-26-1024x458.png 1024w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/XAUUSD_2022-01-26-300x134.png 300w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/XAUUSD_2022-01-26-768x344.png 768w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/XAUUSD_2022-01-26.png 1834w\" sizes=\"(max-width: 660px) 100vw, 660px\" \/><\/a><\/p>\n<p>&nbsp;<\/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 1.35130 which is also 38.2% Fibonacci retracement and 78.6% Fibonacci projection. Price can potentially dip to the 1st support level of 1.33817 which is also 100% Fibonacci projection and 61.8% Fibonacci retracement. Our bearish bias is supported by the ichimoku cloud indicator as price is trading under it.\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 1.35130<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 1st support at 1.33817<\/span><\/li>\n<\/ul>\n<h2><a href=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/GBPUSD_2022-01-26_09-50-38.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-large wp-image-51896\" src=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/GBPUSD_2022-01-26_09-50-38-1024x510.png\" alt=\"\" width=\"660\" height=\"329\" srcset=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/GBPUSD_2022-01-26_09-50-38-1024x510.png 1024w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/GBPUSD_2022-01-26_09-50-38-300x149.png 300w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/GBPUSD_2022-01-26_09-50-38-768x382.png 768w\" sizes=\"(max-width: 660px) 100vw, 660px\" \/><\/a><\/h2>\n<h2><span style=\"font-weight: 400;\">USD\/CHF:\u00a0<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">In reference to yesterday\u2019s analysis, price indeed pushed all the way up to 1st Resistance @ 0.91809. On the H4 timeframe, price is abiding to a descending channel, signifying a bearish momentum. Price is reacting at 1st Resistance, we can expect price to drop from 1st Resistance in line with 61.8% Fibonacci retracement and 100% Fibonacci projection towards 1st Support in line with 61.8% Fibonacci projection. Our bearish bias is further supported by the stochastic indicator where the %K line is approaching the 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 0.90961<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Watch 1st Resistance at 0.91967<\/span><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/USDCHF_2022-01-26_09-21-30.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-large wp-image-51898\" src=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/USDCHF_2022-01-26_09-21-30-1024x508.png\" alt=\"\" width=\"660\" height=\"327\" srcset=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/USDCHF_2022-01-26_09-21-30-1024x508.png 1024w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/USDCHF_2022-01-26_09-21-30-300x149.png 300w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/USDCHF_2022-01-26_09-21-30-768x381.png 768w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/USDCHF_2022-01-26_09-21-30.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 the ascending trendline and is near 1st support level of 1.12750 which is also 78.6% Fibonacci retracement. Price can potentially go to the 1st resistance level of 1.13859 which is also 38.2% Fibonacci retracement and 161.8% Fibonacci projection. Our bullish bias is supported by the stochastic indicator as it is near 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;\">1st resistance at 1.13859<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">1st support at 1.12750<\/span><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/EURUSD_2022-01-26_09-54-28.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-large wp-image-51895\" src=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/EURUSD_2022-01-26_09-54-28-1024x493.png\" alt=\"\" width=\"660\" height=\"318\" srcset=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/EURUSD_2022-01-26_09-54-28-1024x493.png 1024w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/EURUSD_2022-01-26_09-54-28-300x144.png 300w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/EURUSD_2022-01-26_09-54-28-768x370.png 768w\" 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 the price to bounce from 1st Support in line with 23.6% Fibonacci retracement towards 1st Resistance in line with 78.6% Fibonacci projection and 78.6% Fibonacci retracement. Our bullish bias is further supported by the RSI indicator is abiding to the ascending trendline support.\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 114.813<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 1st support level 113.787<\/span><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/USDJPY_2022-01-26_09-26-19_.jpg\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-large wp-image-51899\" src=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/USDJPY_2022-01-26_09-26-19_-1024x508.jpg\" alt=\"\" width=\"660\" height=\"327\" srcset=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/USDJPY_2022-01-26_09-26-19_-1024x508.jpg 1024w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/USDJPY_2022-01-26_09-26-19_-300x149.jpg 300w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/USDJPY_2022-01-26_09-26-19_-768x381.jpg 768w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/USDJPY_2022-01-26_09-26-19_.jpg 1834w\" sizes=\"(max-width: 660px) 100vw, 660px\" \/><\/a><\/p>\n<h2><span style=\"font-weight: 400;\">AUD\/USD:<\/span><span style=\"font-weight: 400;\"><\/p>\n<p><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">On the H4, <\/span><span style=\"font-weight: 400;\">price broke out of the ascending channel, signifying an overall bearish momentum. We can expect price to drop from 1st Resistance in line with 78.6% Fibonacci projection and 38.2% Fibonacci retracement towards 1st Support in line with graphical support level and 127.2% Fibonacci projection. Our bearish bias is further supported by the Ichimoku cloud indicator where the price is holding below it.\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 0.70883<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 1st resistance level 0.71724<\/span><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/AUDUSD_2022-01-26_09-28-22.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-large wp-image-51893\" src=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/AUDUSD_2022-01-26_09-28-22-1024x508.png\" alt=\"\" width=\"660\" height=\"327\" srcset=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/AUDUSD_2022-01-26_09-28-22-1024x508.png 1024w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/AUDUSD_2022-01-26_09-28-22-300x149.png 300w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/AUDUSD_2022-01-26_09-28-22-768x381.png 768w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/AUDUSD_2022-01-26_09-28-22.png 1834w\" 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, prices are at a swing low at 0.66830 in line with 161.8% Fibonacci projection. We see the potential for a bounce from our 1st support at 0.66830 in line with 161.8% projection towards our 1st resistance at 0.67349 in line with 100% Fibonacci retracement. RSI is at a level where bounces occurred previously. Alternatively, our stop loss will be placed at our 2nd support at 0.66286 in line with 200% Fibonacci Projection.<\/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 0.67349<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 time frame, 1st support at 0.66830<\/span><\/li>\n<\/ul>\n<h2><a href=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/NZDUSD_2022-01-26.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-large wp-image-51897\" src=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/NZDUSD_2022-01-26-1024x458.png\" alt=\"\" width=\"660\" height=\"295\" srcset=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/NZDUSD_2022-01-26-1024x458.png 1024w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/NZDUSD_2022-01-26-300x134.png 300w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/NZDUSD_2022-01-26-768x344.png 768w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/NZDUSD_2022-01-26.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 above the ichimoku cloud, we foresee potentially a bullish bounce that price will bounce from our 1st support at 1.26091 which is in line with horizontal overlap resistance and 38.2% Fibonacci retracement\u00a0 to 1st resistance at 1.27274 in line with the 78.6% Fibonacci retracement, which is a horizontal swing high resistance. Alternatively, price may break 1st support structure and head for 2nd support at 1.24604, in line with 100% Fibonacci projection and horizontal swing low support.<\/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 support at<\/span><span style=\"font-weight: 400;\"> 1.26091<\/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;\">1.27274<\/span><\/li>\n<\/ul>\n<h2><a href=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/2022-01-26_CAD.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-large wp-image-51890\" src=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/2022-01-26_CAD-1024x509.png\" alt=\"\" width=\"660\" height=\"328\" srcset=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/2022-01-26_CAD-1024x509.png 1024w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/2022-01-26_CAD-300x149.png 300w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/2022-01-26_CAD-768x382.png 768w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/2022-01-26_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 expect a potential rise to our 1st resistance at 90.84 in line with 127.2% Fibonacci extension from our 1st support at 85.53 in line with 38.2% Fibonacci retracement. Alternatively, price may break 1st resistance structure and head for 2nd support at 79.75, which is a graphically swing low support and in line with 78.6% 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\u00a0<\/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;\">85.53<\/span><\/li>\n<\/ul>\n<h2><a href=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/2022-01-26_OIL.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-large wp-image-51892\" src=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/2022-01-26_OIL-1024x509.png\" alt=\"\" width=\"660\" height=\"328\" srcset=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/2022-01-26_OIL-1024x509.png 1024w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/2022-01-26_OIL-300x149.png 300w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/2022-01-26_OIL-768x382.png 768w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/2022-01-26_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 <\/span><span style=\"font-weight: 400;\">price moving below the ichimoku cloud, signifying an overall bearish momentum. We can expect price to drop from our 1st resistance at 34563 in line horizontal graphical overlap and 38.2% Fibonacci retracement towards 1st\u00a0 support in line with horizontal overlap support ,161.8% Fibonacci extension level at 33307. Alternatively, price may break 1st resistance structure and head for 2nd resistance, which coincides with 61.8% Fibonacci retracement at 35516.\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;\">34563<\/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;\">33307<\/span><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/2022-01-26_DJI.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-large wp-image-51891\" src=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/2022-01-26_DJI-1024x509.png\" alt=\"\" width=\"660\" height=\"328\" srcset=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/2022-01-26_DJI-1024x509.png 1024w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/2022-01-26_DJI-300x149.png 300w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/2022-01-26_DJI-768x382.png 768w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/01\/2022-01-26_DJI.png 2047w\" sizes=\"(max-width: 660px) 100vw, 660px\" \/><\/a><\/p>\n<p>&nbsp;<\/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 moving below the ichimoku cloud, signifying an overall bearish momentum. We can expect price to drop from our 1st resistance at 34563 in line horizontal graphical overlap and 38.2% Fibonacci retracement towards 1st\u00a0 support in line with horizontal overlap support ,161.8% Fibonacci extension level at 33307. <\/p>\n","protected":false},"author":8,"featured_media":51814,"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\/51889"}],"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=51889"}],"version-history":[{"count":1,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/posts\/51889\/revisions"}],"predecessor-version":[{"id":51901,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/posts\/51889\/revisions\/51901"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/media\/51814"}],"wp:attachment":[{"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/media?parent=51889"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/categories?post=51889"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/tags?post=51889"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}