Market analysis from IC Markets
The Loonie (USD/CAD) is falling towards the pivot which has been identified as an overlap support and could bounce to the 1st resistance which acts as an overlap resistance. Pivot: 1.3755 1st Support: 1.3716 1st Resistance: 1.3816 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can...
USD/JPY has rejected off the pivot, which acts as 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 Swissie (USD/CHF) is rising towards the pivot which is a pullback resistance and could drop to the 1st support. Pivot: 0.7030 1st Support: 0.7970 1st Resistance: 0.8070 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...
The Kiwi (NZD/USD) has reacted off the pivot and could potentially rise to the 1st resistance. Pivot: 0.5847 1st Support: 0.5803 1st Resistance: 0.5913 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...
The Aussie (AUD/USD) is rising towards the pivot which acts as a pullback resistance and that lines up with the 78.6% Fibonacci retracement and the 78.6% Fibonacci projection and could reverse to the pullback support. Pivot: 0.6532 1st Support: 0.6495 1st Resistance: 0.6558 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and...
The Fiber (EUR/USD) is rising towards the pivot, which aligns with the 61.8% Fibonacci retracement and could reverse to the 1st support which is a pullback support. Pivot: 1.1678 1st Support: 1.1532 1st Resistance: 1.1772 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...
US Dollar Index (DXY) is falling towards the pivot and oculd bounce to the 1st resistance. Pivot: 97.77 1st Support: 97.17 1st Resistance: 98.74 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...
Bitcoin (BTC/USD) is reacting off the pivot which is a pullback resistance and could drop to the 1st support. Pivot: 112,442.83 1st Support: 107,898.67 1st Resistance: 114,633.18 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...
Ethereum (ETH/USD) is reacting off the pivot which is a pullback resistance that aligns with the 50% Fibonacci retracement and could drop to the swing low support. Pivot: 4,644.35 1st Support: 4,106.00 1st Resistance: 4,948.64 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...
GBP/AUD is falling towards the pivot which has been identified as an overlap support and could bounce to the 1st resistance. Pivot: 2.0702 1st Support: 2.0582 1st Resistance: 2.0864 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...
GBP/CAD is falling towards the pivot and a breakout could lead the price to drop to the 50% Fibonacci support. Pivot: 1.8631 1st Support: 1.8486 1st Resistance: 1.8755 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...
EUR/JPY has rejected off the pivot which acts as a pullback resistance and could drop to the 1st support. Pivot: 171.99 1st Support: 170.24 1st Reistance: 172.87 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...
EUR/GBP is falling towards the pivot and could bounce to the 1st resistance which acts as a pullback resistance. Pivot: 0.8608 1st Support: 0.8569 1st Resistance: 0.8658 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...
EUR/CAD is reacting off the pivot which is a pullback resistance and could drop to the 50% Fibonacci support. Pivot: 1.61186 1st Support: 1.59852 1st Resistance: 1.62249 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...
EUR/NZD is reacting off the pivot and could drop to the 1st support which acts as an overlap support that aligns with the 50% Fibonacci retracement. Pivot: 1.99253 1st Support: 1.96745 1st Resistance: 2.00336 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...
CAD/JPY is rising towards the pivot and could reverse to the 1st support. Pivot: 107.14 1st Support: 106.08 1st Resistance: 107.73 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 ensure that you...
USTEC has rejected off the pivot and could drop to the 1st support which acts as a multi swing low support. Pivot: 23,523.60 1st Support: 22,967.13 1st Resistance: 23,920.26 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...
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....