Tuesday 20th December 2022: Technical Outlook and Review
The current general bias for USDJPY on the H4 chart is bullish. To add confluence to this, the price is above the Ichimoku cloud which indicates a bullish market. If the bullish momentum continues, expect USDJPY to break the 1st resistance line at 137.657, where the 61.8% Fibonacci line and previous low are located before heading towards the 2nd resistance at 140.356, where the 50% Fibonacci line and previous swing low are.
Monday 19th December 2022: Technical Outlook and Review
Looking at the H4 chart, my overall bias for S&P500 is bearish due to the current price crossing below the Ichimoku cloud, indicating a bearish market. If this bearish momentum continues, expect price to continue heading towards the 1st support at 3806.91, where the 50% Fibonacci line is.
Friday 16th December 2022: Technical Outlook and Review
The current general bias for USDJPY on the H4 chart is bullish. To add confluence to this, the price is above the Ichimoku cloud which indicates a bullish market. If the bullish momentum continues, expect USDJPY to break the 1st resistance line at 137.657, where the 61.8% Fibonacci line and previous low are located before heading towards the 2nd resistance at 140.356, where the 50% Fibonacci line and previous swing low are.
Thursday 15th December 2022: Technical Outlook and Review
The overall bias for the S&500 on the H4 chart is bullish, with prices above the Ichimoku cloud. If the bullish momentum continues, the expected price to possibly break the 1st resistance line is at 4031.44, where the 61.8% Fibonacci line is located before heading towards the 2nd resistance line at 4177.51, where the 78.6% Fibonacci line is.
South Africa Day of Reconciliation Trading Schedule 2022
Dear Trader, Please find our updated trading schedule for the South Africa Day of Reconciliation on Friday December 16th, 2022. All times mentioned below are Platform time (GMT +2). Kind Regards IC Markets
Ngan Luong: System Maintenance Temporary Notification
Dear Traders, In order to improve the quality of products and services, Ngan Luong will implement a maintenance procedure for IT systems from 04:00AM to 05:00AM GMT+7 (15 December 2022) which is equivalent to 23:00 server time to 00:00 server time.
Wednesday 14th December 2022: Technical Outlook and Review
The overall bias for the S&500 on the H4 chart is bullish, with prices above the Ichimoku cloud. If the bullish momentum continues, the expected price to possibly break the 1st resistance line is at 4031.44, where the 61.8% Fibonacci line is located before heading towards the 2nd resistance line at 4177.51, where the 78.6% Fibonacci line is.
Holiday Trading Schedule Dec 2022– Jan 2023
Dear Trader, Please find our updated trading schedule for the Christmas, Boxing Day and New Year’s Day holidays below. All times mentioned below are Platform time( GMT +2)
Tuesday 13th December 2022: Technical Outlook and Review
The overall bias for the S&500 on the H4 chart is bullish, with prices above the Ichimoku cloud. If the bullish momentum continues, the expected price to head towards the 1st resistance line is at 4031.44, where the 61.8% Fibonacci line is located.
