Tuesday 21st February 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 possibly break the 1st support at 4056.75, where the overlap support and 38.2% Fibonacci line is, before heading towards the 2nd support at 3973.25 which is the overlap support and slightly above where the 61.8% Fibonacci line is.
Monday 20th February 2023 : Asian markets try to shore up hopes
Global Markets: Asian Stock Markets : Nikkei down 0.03%, Shanghai Composite […]
IC Markets Asia Fundamental Forecast | 20 February 2023
What happened in the US session? The DXY traded with significant […]
Monday 20th February 2023 : Technical Outlook and Review
Looking at the H4 chart, my overall bias for USDJPY 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 possibly break the 1st resistance at 134.650, where the overlap resistance is before heading towards the 2nd resistance at 138.175, where the previous swing high is.
Friday 17th February 2023 : Asian markets end the week lower
Global Markets: Asian Stock Markets : Nikkei down 0.75%, Shanghai Composite […]
Friday 17th February 2023 : Technical Outlook and Review
Looking 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 possibly break the 1st resistance at 4147.58, where the 78.6% Fibonacci line is, before heading towards the 2nd resistance at 4325.28 where the previous swing high is.
Thursday 16th February 2023 : Asian markets trade higher on global supports
Global Markets: News & Data: Markets Update: Asian stock markets are […]
Thursday 16th February 2023 : Technical Outlook and Review
If this bullish momentum continues, expect the price to possibly break the 1st resistance at 4208.50, where the recent swing high is., before heading towards the 2nd resistance at 4327.50 where the previous swing high is, In an alternative scenario, price could possibly head back down to retest the 1st support at 4090.00, where the 50% Fibonacci line is.
Wednesday 15th February 2023 : Technical Outlook and Review
If this bullish momentum continues, expect the price to possibly break the 1st resistance at 4208.50, where the recent swing high is., before heading towards the 2nd resistance at 4327.50 where the previous swing high is, In an alternative scenario, price could possibly head back down to retest the 1st support at 4090.00, where the 50% Fibonacci line is.
