{"id":53801,"date":"2022-04-26T13:50:07","date_gmt":"2022-04-26T03:50:07","guid":{"rendered":"https:\/\/www.icmarkets.com\/blog\/?p=53801"},"modified":"2022-04-26T13:50:07","modified_gmt":"2022-04-26T03:50:07","slug":"26th-april-2022-tuesday-technical-outlook-and-review","status":"publish","type":"post","link":"https:\/\/www.icmarkets.com\/blog\/26th-april-2022-tuesday-technical-outlook-and-review\/","title":{"rendered":"26th April 2022 Tuesday: 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, with price expected to reverse off the stochastics indicator, we have a bearish bias that price will drop from our 1st resistance at 101.790 where the 161.8% Fibonacci extension, 61.8% Fibonacci projection and -61.8% Fibonacci expansion is to our 1st support at 101.209\u00a0 in line with the horizontal pullback support and 38.2% Fibonacci retracement. Alternatively, price may break 1st resistance structure and head for 2nd resistance where the 78.6% Fibonacci projection is at 102.441.\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 101.790<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 time frame, 1st support at 101.209<\/span><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/04\/DXY_2022-04-26_07-38-25.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-full wp-image-53805\" src=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/04\/DXY_2022-04-26_07-38-25.png\" alt=\"\" width=\"1003\" height=\"728\" srcset=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/04\/DXY_2022-04-26_07-38-25.png 1003w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/04\/DXY_2022-04-26_07-38-25-300x218.png 300w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/04\/DXY_2022-04-26_07-38-25-768x557.png 768w\" sizes=\"(max-width: 1003px) 100vw, 1003px\" \/><\/a><\/p>\n<h2><span style=\"font-weight: 400;\">XAU\/USD (GOLD):<\/span><\/h2>\n<p><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">On the H4, with price expected to bounce off the stochastics indicator, we have a bullish bias that price will rise to our 1st resistance at 1922 where the pullback resistance is from our 1st support at 1895 in line with the horizontal swing low support and 61.8% Fibonacci projection and 127.2% Fibonacci extension. Alternatively, price may break 1st support structure and head for 2nd support where the 161.8% Fibonacci extension and -27.2% Fibonacci expansion is at 1863.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/p>\n<p><b>Areas of consideration:\u00a0<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 time frame<\/span><span style=\"font-weight: 400;\">, 1st Resistance at 1922<\/span><\/li>\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;\">1895<\/span><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/04\/GC1_2022-04-26_07-49-06.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-full wp-image-53808\" src=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/04\/GC1_2022-04-26_07-49-06.png\" alt=\"\" width=\"1003\" height=\"671\" srcset=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/04\/GC1_2022-04-26_07-49-06.png 1003w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/04\/GC1_2022-04-26_07-49-06-300x201.png 300w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/04\/GC1_2022-04-26_07-49-06-768x514.png 768w\" sizes=\"(max-width: 1003px) 100vw, 1003px\" \/><\/a><\/p>\n<h2><span style=\"font-weight: 400;\">GBP\/USD:<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">On the H4, we have a bullish bias that price will rise from 1st support level of 1.27058 which lines up with 100% fibonacci projection towards the 1st resistance level of 1.29752 which lines up with 61.8% 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 1st resistance at <\/span><span style=\"font-weight: 400;\">1.29752<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 1st support at <\/span><span style=\"font-weight: 400;\">1.27058<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 2nd support at 1.26020<\/span><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/04\/GBPUSD_2022-04-26_10-16-23.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-large wp-image-53807\" src=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/04\/GBPUSD_2022-04-26_10-16-23-1024x565.png\" alt=\"\" width=\"660\" height=\"364\" srcset=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/04\/GBPUSD_2022-04-26_10-16-23-1024x565.png 1024w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/04\/GBPUSD_2022-04-26_10-16-23-300x166.png 300w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/04\/GBPUSD_2022-04-26_10-16-23-768x424.png 768w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/04\/GBPUSD_2022-04-26_10-16-23.png 1484w\" sizes=\"(max-width: 660px) 100vw, 660px\" \/><\/a><\/p>\n<h2><span style=\"font-weight: 400;\">USD\/CHF:<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">On the H4, price is near to the key resistance level. We expect that price will potentially reverse from 1st resistance level of 0.96198 in line with 161.8% fibonacci extension towards the 1st support level of 0.94702 in line with 38.2% fibonacci retracement.<\/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;\">1st support level at 0.94702<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">1st resistance level at<\/span> <span style=\"font-weight: 400;\">0.96198<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">2nd resistance level at 0.96741<\/span><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/04\/USDCHF_2022-04-26_10-31-42.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-large wp-image-53811\" src=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/04\/USDCHF_2022-04-26_10-31-42-1024x514.png\" alt=\"\" width=\"660\" height=\"331\" srcset=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/04\/USDCHF_2022-04-26_10-31-42-1024x514.png 1024w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/04\/USDCHF_2022-04-26_10-31-42-300x150.png 300w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/04\/USDCHF_2022-04-26_10-31-42-768x385.png 768w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/04\/USDCHF_2022-04-26_10-31-42.png 1633w\" sizes=\"(max-width: 660px) 100vw, 660px\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<h2><span style=\"font-weight: 400;\">EUR\/USD :<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">On the H4, price is near the pivot level. We expect price to potentially bounce from 1st support level of 1.06994 in line with 61.8% fibonacci retracement and 138.2% fibonacci extension towards the 1st resistance level of 1.08074 in line with 50% fibonacci retracement and 61.8% fibonacci projection.<\/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 <\/span><span style=\"font-weight: 400;\">1.08074<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 1st support at 1.06994<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 2nd support at 1.06513<\/span><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/04\/EURUSD_2022-04-26_09-59-11.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-large wp-image-53806\" src=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/04\/EURUSD_2022-04-26_09-59-11-1024x565.png\" alt=\"\" width=\"660\" height=\"364\" srcset=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/04\/EURUSD_2022-04-26_09-59-11-1024x565.png 1024w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/04\/EURUSD_2022-04-26_09-59-11-300x166.png 300w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/04\/EURUSD_2022-04-26_09-59-11-768x424.png 768w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/04\/EURUSD_2022-04-26_09-59-11.png 1484w\" sizes=\"(max-width: 660px) 100vw, 660px\" \/><\/a><\/p>\n<h2><span style=\"font-weight: 400;\">USD\/JPY:<\/span><span style=\"font-weight: 400;\"><\/p>\n<p><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">On the H4, with price moving below the ichimoku cloud indicator, we have a bearish bias that price will drop from our 1st resistance at 128.331 where the 50% Fibonacci retracement is to our 1st support at 127.667\u00a0 in line with the horizontal swing low support and 61.8% Fibonacci retracement. Alternatively, price may break 1st resistance structure and head for 2nd resistance where the horizontal swing high resistance is at 108.889.\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 128.331<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 time frame, 1st support at 127.667<\/span><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/04\/USDJPY_2022-04-26_07-41-10.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-full wp-image-53812\" src=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/04\/USDJPY_2022-04-26_07-41-10.png\" alt=\"\" width=\"1003\" height=\"671\" srcset=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/04\/USDJPY_2022-04-26_07-41-10.png 1003w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/04\/USDJPY_2022-04-26_07-41-10-300x201.png 300w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/04\/USDJPY_2022-04-26_07-41-10-768x514.png 768w\" sizes=\"(max-width: 1003px) 100vw, 1003px\" \/><\/a><\/p>\n<h2><span style=\"font-weight: 400;\">AUD\/USD:<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">On the H4 timeframe, <\/span><span style=\"font-weight: 400;\">price is near the key support level, We see the potential of a <\/span><span style=\"font-weight: 400;\">bullish bounce from 1st support level of 0.71677 in line with 100% fibonacci projection towards the 1st resistance level of 0.72823 in line with 38.2% fibonacci retracement and 100% fibonacci projection. Otherwise, price might break the key support level to trigger a dip towards the 2nd support of 0.70968 which is in line with 78.6% fibonacci retracement.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Areas of consideration\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 1st resistance at <\/span><span style=\"font-weight: 400;\">0.72823<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 1st support at <\/span><span style=\"font-weight: 400;\">0.71677<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 2nd support at 0.70968<\/span><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/04\/AUDUSD_2022-04-26_09-36-52.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-large wp-image-53803\" src=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/04\/AUDUSD_2022-04-26_09-36-52-1024x565.png\" alt=\"\" width=\"660\" height=\"364\" srcset=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/04\/AUDUSD_2022-04-26_09-36-52-1024x565.png 1024w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/04\/AUDUSD_2022-04-26_09-36-52-300x166.png 300w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/04\/AUDUSD_2022-04-26_09-36-52-768x424.png 768w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/04\/AUDUSD_2022-04-26_09-36-52.png 1484w\" sizes=\"(max-width: 660px) 100vw, 660px\" \/><\/a><\/p>\n<h2><\/h2>\n<h2><span style=\"font-weight: 400;\">NZD\/USD:<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">On the H4, we see the potential of bullish bounce from 1st support level of 0.65852 in line up with 138.2% fibonacci extension and 61.8% fibonacci retracement towards the 1st resistance level of 0.66660 in line with 23.6% fibonacci retracement and 78.6% 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 support at<\/span> <span style=\"font-weight: 400;\">0.65852<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 time frame, 1st resistance at 0.66660<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 time frame, 2nd support at 0.65385<\/span><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/04\/NZDUSD_2022-04-26_09-48-49.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-large wp-image-53809\" src=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/04\/NZDUSD_2022-04-26_09-48-49-1024x565.png\" alt=\"\" width=\"660\" height=\"364\" srcset=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/04\/NZDUSD_2022-04-26_09-48-49-1024x565.png 1024w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/04\/NZDUSD_2022-04-26_09-48-49-300x166.png 300w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/04\/NZDUSD_2022-04-26_09-48-49-768x424.png 768w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/04\/NZDUSD_2022-04-26_09-48-49.png 1484w\" sizes=\"(max-width: 660px) 100vw, 660px\" \/><\/a><\/p>\n<h2><span style=\"font-weight: 400;\">USD\/CAD:<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">On the H4, with price moving above the ichimoku cloud, we have a bullish bias that price will rise to our 1st resistance at 1.27776 where the swing high resistance is from our 1st support at 1.27030 in line with the horizontal pullback support and 23.6% Fibonacci retracement. Alternatively, price may break 1st support structure and head for 2nd support where the horizontal pullback support and 38.2% Fibonacci retracement is.<\/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 1.27776<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 time frame, 1st support at 1.27030<\/span><\/li>\n<\/ul>\n<h2><a href=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/04\/USDCAD_2022-04-26_07-42-29.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-full wp-image-53810\" src=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/04\/USDCAD_2022-04-26_07-42-29.png\" alt=\"\" width=\"1003\" height=\"671\" srcset=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/04\/USDCAD_2022-04-26_07-42-29.png 1003w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/04\/USDCAD_2022-04-26_07-42-29-300x201.png 300w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/04\/USDCAD_2022-04-26_07-42-29-768x514.png 768w\" sizes=\"(max-width: 1003px) 100vw, 1003px\" \/><\/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, with price moving below the ichimoku cloud, we have a bearish bias that price will drop from our 1st resistance at <\/span><span style=\"font-weight: 400;\">101.55<\/span><span style=\"font-weight: 400;\"> where the pullback resistance and 23.6% Fibonacci retracement is to our 1st support at <\/span><span style=\"font-weight: 400;\">94.03<\/span><span style=\"font-weight: 400;\"> in line with the horizontal swing low support. Alternatively, price may break 1st resistance structure and head for 2nd resistance where the horizontal pullback support and 61.8% Fibonacci retracement at 105.46.<\/span><span style=\"font-weight: 400;\"><\/p>\n<p><\/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 of 101.55<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 time frame, 1st support of 94.03<\/span><\/li>\n<\/ul>\n<h2><a href=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/04\/CL1_2022-04-26_07-49-34.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-full wp-image-53804\" src=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/04\/CL1_2022-04-26_07-49-34.png\" alt=\"\" width=\"1003\" height=\"671\" srcset=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/04\/CL1_2022-04-26_07-49-34.png 1003w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/04\/CL1_2022-04-26_07-49-34-300x201.png 300w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/04\/CL1_2022-04-26_07-49-34-768x514.png 768w\" sizes=\"(max-width: 1003px) 100vw, 1003px\" \/><\/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 moving below the ichimoku cloud, we have a bearish bias that price will drop from our 1st resistance at 34078 where the 161.8% Fibonacci retracement is to our 1st support at 33354\u00a0 in line with the horizontal swing low support and 61.8% Fibonacci retracement. Alternatively, price may break 1st resistance structure and head for 2nd resistance where the 61.8% Fibonacci retracement is at 34739.\u00a0<\/span><\/p>\n<p><b>Areas of consideration :\u00a0<\/b><\/p>\n<ul>\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;\">34078<\/span><\/li>\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;\">33354<\/span><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/04\/YM1_2022-04-26_07-53-49.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-full wp-image-53813\" src=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/04\/YM1_2022-04-26_07-53-49.png\" alt=\"\" width=\"1003\" height=\"671\" srcset=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/04\/YM1_2022-04-26_07-53-49.png 1003w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/04\/YM1_2022-04-26_07-53-49-300x201.png 300w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/04\/YM1_2022-04-26_07-53-49-768x514.png 768w\" sizes=\"(max-width: 1003px) 100vw, 1003px\" \/><\/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","protected":false},"excerpt":{"rendered":"<p>On the H4, with price moving below the ichimoku cloud, we have a bearish bias that price will drop from our 1st resistance at 34078 where the 161.8% Fibonacci retracement is to our 1st support at 33354\u00a0 in line with the horizontal swing low support and 61.8% Fibonacci retracement.<\/p>\n","protected":false},"author":8,"featured_media":0,"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\/53801"}],"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=53801"}],"version-history":[{"count":1,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/posts\/53801\/revisions"}],"predecessor-version":[{"id":53814,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/posts\/53801\/revisions\/53814"}],"wp:attachment":[{"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/media?parent=53801"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/categories?post=53801"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/tags?post=53801"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}