ICE-Forex

ICE-Forex

When We Examine the Price Chart on a Daily Basis 0.7230 is the point where it pinned in the previous drop, the price can get a reaction from here. (Quasimodo Formation) The price has been falling continuously for five days. We see the last two daily closes at the support levels and weak candle closes. I expect an upside reaction from the 0.7290-0.7320 price...

ICE-Forex

🙏If you found the posts useful and want them to continue, please don't forget to follow and like to support us. (ICE Finance) From time to time, I will share the processes that I have seen for sure. When We Examine the Price Chart on a Weekly Basis CAD/CHF approaches long-term trend support. In addition, oil prices continue to rise. I expect an upward response...

ICE-Forex

Macroeconomic Overview I think the uptrend in the stock markets will continue this year. I do not expect a new low because the market expects that inflation will decrease. There is a recession risk in the global market, but there is full confidence in central banks against a deep recession risk. US inflation data will be released on Tuesday, if the inflation data...

ICE-Forex

Macroeconomic Overview I think the uptrend in the stock markets will continue this year. I do not expect a new low because the market expects that inflation will decrease. There is a recession risk in the global market, but there is full confidence in central banks against a deep recession risk. US inflation data will be released on Tuesday, if the inflation data...

ICE-Forex

Macroeconomic Overview I think the uptrend in the stock markets will continue this year. I do not expect a new low because the market expects that inflation will decrease. There is a recession risk in the global market, but there is full confidence in central banks against a deep recession risk. US inflation data will be released on Tuesday, if the inflation data...

ICE-Forex

Macroeconomic Overview This week, we observed a 75bps rate hike on the ECB (European Central Bank) side. The statements of the President of the European Central Bank were not very hawkish. Risk appetite is increasing in the markets right now. DXY (Dollar Index) is falling, Gold Bitcoin, Euro and global stock market indices are rising. This situation may last until...

ICE-Forex

Macroeconomic Overview This week, we observed a 75bps rate hike on the ECB (European Central Bank) side. The statements of the President of the European Central Bank were not very hawkish. Risk appetite is increasing in the markets right now. DXY (Dollar Index) is falling, Gold Bitcoin, Euro and global stock market indices are rising. This situation may last until...

ICE-Forex

Macroeconomic Overview This week, we observed a 75bps rate hike on the ECB (European Central Bank) side. The statements of the President of the European Central Bank were not very hawkish. Risk appetite is increasing in the markets right now. DXY (Dollar Index) is falling, Gold Bitcoin, Euro and global stock market indices are rising. This situation may last until...

ICE-Forex

Trend supports can get a reaction from these important price points. After breaking the 1.307 support level, the price will move to TP1-TP2-TP3 points.

ICE-Forex

Canada is an oil exporting country, so oil prices are very correlated with the Canadian dollar. I expect a rise in oil prices. There is weakening in DXY (Dollar Index). Under these circumstances, I do not expect USD/CAD to break the 1.32 level any time soon. According to the elliot wave teory, there is a 5-wave rise towards the 1.32 level. The price tested the...

ICE-Forex

Macroeconomic Outlook Tomorrow is the ECB rate decision, which will have a significant impact on the DXY (Dollar Index). We'll then follow the US unemployment claims data. In the next week, we will follow the US growth and Fed rate statement. If the economic data starts to look bad on the US side, we may see a sharp downward pullback on the DXY-Dollar...

ICE-Forex

Macroeconomic Outlook Tomorrow is the ECB rate decision, which will have a significant impact on the DXY (Dollar Index). We'll then follow the US unemployment claims data. In the next week, we will follow the US growth and Fed rate statement. If the economic data starts to look bad on the US side, we may see a sharp downward pullback on the DXY-Dollar...

ICE-Forex

There was a very sharp rise between A-B up to 1.325. The drop from B-C to the 1.298 level coincides with the 0238-0.382 fibonachi levels. The acceleration of this decline is less than the upward movement, so I think it is a corrective movement. Tomorrow is the ECB interest rate decision, explanations are important. The price's first target up is 1.32500, the...

ICE-Forex

BTC /DXY-FED Tiny Rally Macroeconomic Outlook This week, very critical growth data and interest rate decisions will be announced. (Euro-US-...) We may see some pullback in the inflation data. Other than that, leading indicator data such as PMI-ISM is not very good. In this case, there is an expectation that the FED will soften in the near future. In his...

ICE-Forex

Macroeconomic Outlook This week, very critical growth data and interest rate decisions will be announced. (Euro-US-...) We may see some pullback in the inflation data. Other than that, leading indicator data such as PMI-ISM is not very good. In this case, there is an expectation that the FED will soften in the near future. In his statements at the Jackson Hole...

ICE-Forex

This week, very critical growth data and interest rate decisions will be announced. (Euro-US-...) We may see some pullback in the inflation data. Other than that, leading indicator data such as PMI-ISM is not very good. In this case, there is an expectation that the FED will soften in the near future. In his statements at the Jackson Hole symposium, Powell...

ICE-Forex

Dear friends, Earlier, I listed my expectation of an extreme decrease in oil prices and the valid reasons for this. $80-$85 levels are important support zone. There is no reason for oil prices to drop to $60 levels. Europe now imposes a ceiling price on Russian oil and gas. Russia cuts off the supply against it. Apart from that, Iran does not agree on the...

ICE-Forex

Dear friends, Earlier, I listed my expectation of an extreme decrease in oil prices and the valid reasons for this. $80-$85 levels are important support zone. There is no reason for oil prices to drop to $60 levels. Europe now imposes a ceiling price on Russian oil and gas. Russia cuts off the supply against it. Apart from that, Iran does not agree on the...