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Market Analysis

Market Analysis
Thursday 12th January 2023 : Asian markets trading higher in anticipation of the US Consumer Price Inflation Report.

Crude oil prices rose sharply Wednesday on hopes for a global economic recovery and the possible impact of sanctions on Russian crude output. West Texas Intermediate crude oil futures for February jumped $2.29 or 3.1 percent at $77.41 a barrel, rising for a fifth straight session.

By IC Markets

Market Analysis
Thursday 12th January 2023 : Technical Outlook and Review

ooking at the H4 chart, my overall bias for S&P500 is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. If this bullish momentum continues, expect the price to continue heading towards the 1st resistance at 4100.51, where the previous high is.

By IC Markets

Market Analysis
IC Markets Asia Fundamental Forecast | 12 January 2023

What happened in the US session? The S&P 500 traded sharply […]

By IC Markets

Market Analysis
IC Markets Europe Fundamental Forecast | 11 January 2023

What happened across the Asia session? Most currencies consolidate during the […]

By IC Markets

Recent
Wednesday 11th January 2023 : Hong Kong markets touch 6 month highs

Global Markets: Asian Stock Markets : Nikkei up 1.03%, Shanghai Composite […]

By IC Markets

Technical Analysis
Wednesday 11th January 2023 : Technical Outlook and Review

Looking at the H4 chart, my overall bias for S&P500 is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. If this bearish momentum continues, expect the price to continue heading towards the 1st support at 3764.49, where the recent low is.

By IC Markets

Market Analysis
IC Markets Asia Fundamental Forecast | 11 January 2023

What happened in the US session? Most major currencies consolidated along […]

By IC Markets

Recent
Tuesday 10th January 2023:Asian Markets trade lower on global cues

Global Markets: Asian Stock Markets : Nikkei up 0.78%, Shanghai Composite […]

By IC Markets

Market Analysis
IC Markets Europe Fundamental Forecast | 10 January 2023

What happened across the Asia session? Most currencies continued to consolidate […]

By IC Markets

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