Tuesday 29th March 2022 : Technical Outlook and Review
On the H4, with price expected to reverse off the stochastics level, we have a bias that price will drop from 1st resistance at 35011 in line with the horizontal overlap resistance and 161.8% Fibonacci extension to 1st support at 34073 in line with the pullback support .
IC Markets Europe Fundamental Forecast | 28 March 2022
Saudi Aramco’s facilities at distribution stations in Jazan and Jeddah were attacked by Yemen rebels, although the consequences to oil exports are deemed to be relatively insignificant.
Monday 28th March 2022 : Technical Outlook and Review
On the H4, with price expected to reverse off the stochastics level, we have a bias that price will drop from 1st resistance at 35011 in line with the horizontal overlap resistance and 161.8% Fibonacci extension to 1st support at 34073 in line with the pullback support .Alternatively, price may break 1st resistance and head for 2nd resistance at 35808 in line with the 161.8% Fibonacci extension.
Friday 25th March 2022 : Technical Outlook and Review
DXY: On the weekly, prices are on bullish momentum. We […]
Thursday 24th March 2022 : Technical Outlook and Review
On the H4, with price moving above the ichimoku cloud, we have a bias that price will rise to our 1st resistance at 130.46 in line with the 78.6% Fibonacci retracement from our 1st support at 113.66 in line with the horizontal overlap support and 23.6% Fibonacci retracement.
Wednesday 23rd March 2022 : Technical Outlook and Review
On the H4, with price expected to reverse off the stochastics level, we have a bias that price will drop from 1st resistance at 35011 in line with the horizontal overlap resistance and 161.8% Fibonacci extension to 1st support at 34073 in line with the pullback support .
Tuesday 22nd March 2022 : Technical Outlook and Review
On the H4, with price expected to reverse off the stochastics level, we have a bias that price will drop from 1st resistance at 34976 in line with the horizontal overlap resistance and 161.8% Fibonacci extension to 1st support at 34073 in line with the pullback support
Monday 21st March 2022 : Technical Outlook and Review
On the H4, with price moving above the ichimoku cloud, we have a bias that price will rise to our 1st resistance at 34991 in line with the horizontal swing high resistance from our 1st support at 34309 in line with the 23.6% Fibonacci retracement.
Friday 18th March 2022 : Technical Outlook and Review
On the H4, with price expected to reverse off the stochastics indicator, we have a bias that price will drop from 1st resistance at 34412 in line with the horizontal swing high resistance to 1st support at 33426 in line with the overlap support
