Market analysis from IC Markets
The Gold (XAU?USD) has bounced off the pivot, which has been identified as a pullback support and could potentially rise to the swing high resistance. Pivot: 3,350.47 1st Support: 3,307.78 1st Resistance: 3,431.19 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose....
The Loonie (USD/CAD) is rising towards the pivot and could reverse to the 61.8% Fibonacci support. Pivot: 1.3875 1st Support: 1.3790 1st Resistance: 1.3942 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors,...
USD/JPY is reacting off the pivot, which is a pullback resistance and could drop to the pullback support. Pivot: 147.88 1st Support: 146.40 1st Resistance: 148.88 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all...
The Kiwi (NZD/USD) is reacting off the pivot, which acts as a pullback support and could rise to the 1st resistance, which is a pullback resistance. Pivot: 0.5847 1st Support: 0.5803 1st Resistance: 0.5914 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex...
The Aussie (AUD/USD) is reacting off the pivot that lines up with the 50% Fibonacci retracement and could drop to the 1st support. Pivot: 0.6492 1st Support: 0.6451 1st Resistance: 0.6530 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not...
The price is falling towards the pivot, which acts as an overlap support and could bounce to the 1st resistance, which is a pullback resistance. Pivot: 1.1591 1st Suport: 1.1532 1st Resistance: 1.1677 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and...
The Cable (GBP/USD) is falling towards the pivot, which has been identified as an overlap support and could bounce to the 1st resistance. Pivot: 1.3390 1st Support: 1.3270 1st Resistance: 1.3524 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs...
DAX40 (DE40) is rising towards the pivot, which is a multi swing high resistance and could reverse to the 1st support, which acts as a pullback support. Pivot: 24,650.07 1st Support: 23,406.35 1st Resistance: 25,104.61 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose....
WTI Oil (XTI/USD) is rising towards the pivot and could reverse to the 1st support, which is a pullback support. Pivot: 65.65 1st Support: 60.66 1st Resistance: 70.97 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all...
The Aussie (AUD/USD) is rising towards the pivot, which has been identified as a pullback resistance and could reverse to the 1st support, which is a swing low support. Pivot: 0.6546 1st Support: 0.6414 1st Resistance: 0.6604 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to...
The Loonie (USD/CAD) is falling towards the pivot, which acts as a pullback support that lines up with the 50% Fibonacci retracement and could bounce to the 1st resistance. Pivot: 1.3732 1st Support: 1.3580 1st Resistance: 1.3914 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can...
The Swissie (USD/CHF) is falling towards the pivot and could bounce to the 1st resistance. Pivot: 0.7915 1st Support: 0.7869 1st Resistance: 0.8089 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please...
USD/JPY is falling towards the pivot, which is a pullback support, and could bounce to the 1st resistance ,which is a pullback resistance. Pivot: 146.32 1st Support: 143.31 1st Resistance: 151.12 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs...
The Fiber (EUR/USD) is rising towards the pivot, which acts as a pullback resistance and could reverse to the 1st support. Pivot: 1.17782 1st Support: 1.1597 1st Resistance: 1.1897 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be...
The US Dollar Index (DXY) is falling towards the pivot and could bounce to the 1st resistance, which acts as a swing high resistance. Pivot: 97.19 1st Support: 96.36 1st Resistance: 100.07 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not...
The Gold (XAU/USD) is falling towards the pivot and could bounce to the 1st resistance, which acts as a pullback resistance. Pivot: 3,307.62 1st Support: 3,267.80 1st Resistance: 3,350.96 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not...
The Loonie (USD/CAD) is reacting off the pivot, which acts as a pullback resistance that aligns with the 61.8% Fibonacci projection and is also slightly below the 127.2% Fibonacci extension, and could drop to the 50% Fibonacci support. Pivot: 1.3913 1st Support: 1.3813 1st Resistance: 1.3988 Risk Warning: Trading Forex and CFDs carries a high level of risk to...
USD/JPY is rising towards the pivot and could reverse to the 1st support, which has been identified as a pullback support. Pivot: 148.73 1st Support: 146.82 1st Resistance: 150.78 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be...