ICE-Forex

ICE-Forex

Technical analysis The price is above the averages. We will watch if the moving averages will work as support. An analysis as below was made in the past. I do not expect the price to rise above $129. It seems that oil prices will hover above $63 for a long time. It seems reasonable to buy at $94 and sell at $110-120. Fundamental Analysis; Today, the US non-farm...

ICE-Forex

In the GBPAUD monthly (long-term) timeframe, the Australian dollar closed strongly. The price seems to have broken the long-term trend support. However, it may try to rise above the trend again. Although the long-term price direction is downwards, the 1.7400 level of the price is a very important support position.

ICE-Forex

Breaking the 0.8300 level is not expected for EUR/GBP. The close of this month is not bad. If the price closes in the green or positive in the next month, the new target for the price is the 0.88500 level. I expect the price to break the 0.8300 level downwards after rising a bit. Valid reasons: 1) Weakening of the euro area economy. 2) Britain to get rid of the...

ICE-Forex

Aud/Usd made a strong monthly close on the monthly time frame. However, on the weekly time frame, the 0.75500 level is an important resistance position, and some selling may come from this region. The long trend will continue as long as the price stays above the 0.72500 level. The same is true when we look at other charts with Australian dollar crosses.

ICE-Forex

According to Technical Analysis; Eur/Usd selling pressure continues. Next month's price closing received reaction from the important price lower train line. When we look at the chart, a 5-wave wedge movement is seen. I expect the price to react from the 4th region and touch the 5th upper resistance line. According to Fundamental Analysis; Interest rates in the US...

ICE-Forex Updated 

I think the crypto market will bring good profits in the near future. Before that, we reviewed the BTC/USD instrument with Tech100(Nasdaq). I think that the rises will start again as the FED (Federal Reserve)'s statements are not perceived as a hawk by the market. Let's first examine the DXY chart. DXY(US-Dollar Index) The fall, which was up to 89,500 levels,...

ICE-Forex

Pls ;Check out our previously published analysis for clarifications.

ICE-Forex

I think the crypto market will bring good profits in the near future. Before that, we reviewed the BTC/USD instrument with Tech100(Nasdaq). I think that the rises will start again as the FED (Federal Reserve)'s statements are not perceived as a hawk by the market. Let's first examine the DXY chart. DXY(US-Dollar Index) The fall, which was up to 89,500 levels,...

ICE-Forex

I think the crypto market will bring good profits in the near future. Before that, we reviewed the BTC/USD instrument with Tech100(Nasdaq) . I think that the rises will start again as the FED (Federal Reserve)'s statements are not perceived as a hawk by the market. Let's first examine the DXY chart. DXY(US-Dollar Index) The fall, which was up to 89,500 levels,...

ICE-Forex

I think the crypto market will bring good profits in the near future. Before that, we reviewed the BTC/USD instrument with Tech100(Nasdaq). I think that the rises will start again as the FED (Federal Reserve)'s statements are not perceived as a hawk by the market. Let's first examine the DXY chart. DXY(US-Dollar Index) The fall, which was up to 89,500 levels,...

ICE-Forex Updated 

There is thought to be a correlation between Tech100 and the Crypto market. That's why I've taken the two together. Tech100(Nasdaq100)' monthly view is clearer than BTC. First of all, candle volumes have decreased, and it will probably make a positive closing at the end of this month. For the upcoming period, it is thought that the monetary tightening(tapering...

ICE-Forex

Price broke the white ascending trendline. I think we're going to see a pullback now. We have 15,700 levels ahead of price, but we will probably surpass it. Pls Follow and Like For Support Us.

ICE-Forex

Weekly When we look at the weekly price chart, the candle formation in the purple box is important. The price is making pinbar candlestick, after that closed by testing the 33.600 level. My guess is that the price will pass the 45,600 level and the price will reach the 52,200 level. If the 52.200 level is passed, we can start talking about the possibility of a new...

ICE-Forex

Fundemental Analysis BTC seems to follow a sideways course for a while after the FED statements. When we look at the long-term monthly chart, we see that the prices have reached 70k levels from 4k-8k levels. Prices have increased approximately 8-10 times. Of course, the story behind Crypto technologies and monetary expansion were effective in this...

ICE-Forex Updated 

Fundamental Analysis As a result of excessive monetary expansion after Covid-19, all developing country currencies started to gain value against reserve currencies. In short, covid-19 created a breaking point in the markets. For now, this situation seems to continue. Technical analysis Looking at the AUD/USD chart on a monthly basis, we see a 5-wave drop according...

ICE-Forex Updated 

Weekly Examining the weekly chart, we see a double bottom formation at the 0.69840 support point. The target of the double bottom formation is 0.75490, but the price movement is rising a little hard.

ICE-Forex Updated 

When we examine the chart on a daily basis, the 0.71720 level is a level where the price quickly recovers after falling. (V-shaped recovery) Therefore, the 0.71720 level is an important support. The 0.75490 level seems to be the first resistance for the next levels.

ICE-Forex Updated 

Dollar index is based on 100 levels. It looks like it will have a weak weekly close. So far, the rise in inflation and interest rate expectations have formed the basis of the main rise. DXY shows the average trend of the dollar against other world currencies. Another reason for the rapid rise of DXY, which has a large Euro volume on the Index; ECB's looser...