Friday 27th January 2023 : Technical Outlook and Review

IC Markets No Comments

USD/JPY: Looking at the H4 chart, my overall bias for USDJPY is bullish due to the current price crossing above the Ichimoku cloud, indicating a bullish market. If this bullish momentum continues, expect the price to possibly continue heading towards the 1st resistance level at 131.592, where the 61.8% Fibonacci line is. In an alternate … Continue reading Friday 27th January 2023 : Technical Outlook and Review

Thursday 26th January 2023 : Technical Outlook and Review

IC Markets No Comments

USD/JPY: Looking at the H4 chart, my overall bias for USDJPY is bullish due to the current price crossing above the Ichimoku cloud, indicating a bullish market. If this bullish momentum continues, expect the price to possibly continue heading towards the 1st resistance level at 131.592, where the 61.8% Fibonacci line is. In an alternate … Continue reading Thursday 26th January 2023 : Technical Outlook and Review

Wednesday 25th January 2023 : Technical Outlook and Review

IC Markets No Comments

USD/JPY: Looking at the H4 chart, my overall bias for USDJPY is bullish due to the current price crossing above the Ichimoku cloud, indicating a bullish market. If this bullish momentum continues, expect the price to possibly continue heading towards the 1st resistance level at 131.592, where the 61.8% Fibonacci line is. In an alternate … Continue reading Wednesday 25th January 2023 : Technical Outlook and Review

Monday 23rd January 2023 : Thin volumes in markets on account of Lunar New Year holiday

IC Markets No Comments

Global Markets: Asian Stock Markets : Nikkei up 1.30%, ASX up 0.07% Commodities : Gold at $1928.55 (+0.02%), Silver at $24.08 (+0.61%), Brent Oil at $87.35 (-0.32%), WTI Oil at $81.40 (-0.29%) Rates : US 10-year yield at 3.466, UK 10-year yield at 3.372, Germany 10-year yield at 2.172 News & Data: (GBP) Retail Sales … Continue reading Monday 23rd January 2023 : Thin volumes in markets on account of Lunar New Year holiday

Friday 20th January 2023 : Japanese markets turn over the red tide

IC Markets No Comments

Global Markets: Asian Stock Markets : Nikkei up 0.41%, Shanghai Composite up 0.58%, Hang Seng up 1.16%, ASX up 0.23% Commodities : Gold at $1925.80 (+0.10%), Silver at $23.93 (+0.24%), Brent Oil at $86.19 (+0.03%), WTI Oil at $80.70 (+0.11%) Rates : US 10-year yield at 3.409, UK 10-year yield at 3.345, Germany 10-year yield … Continue reading Friday 20th January 2023 : Japanese markets turn over the red tide