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ICMarket

Technical Analysis

Technical Analysis
Wednesday 4th 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 3636.87, where the 78.6% Fibonacci line is.

By IC Markets

Technical Analysis
Wednesday 03rd 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 3636.87, where the 78.6% Fibonacci line is.

By IC Markets

Technical Analysis
Friday 30th December 2022: Technical Outlook and Review

Looking at the H4 chart, my overall bias for USDJPY is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. If this bearish momentum continues, expect price to possibly continue heading towards the 1st support at 130.563, where the previous swing low is.

By IC Markets

Technical Analysis
Wednesday 28th December 2022: 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 3636.87, where the 78.6% Fibonacci line is.

By IC Markets

Technical Analysis
Tuesday 27th December 2022: Technical Outlook and Review

Looking at the H4 chart, my overall bias for USDJPY is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market.  If this bearish momentum continues, expect price to possibly head towards the 1st support at 130.421, where the previous swing low is located.

By IC Markets

Technical Analysis
Friday 23rd December 2022: 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 3636.87, where the 78.6% Fibonacci line is.

By IC Markets

Technical Analysis
Thursday 22nd December 2022: 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 price to continue heading towards the 1st support at 3636.87, where the 78.6% Fibonacci line is.

By IC Markets

Technical Analysis
Wednesday 21st December 2022: Technical Outlook and Review

Looking at the H4 chart, my overall bias for USDJPY is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market.  If this bearish momentum continues, expect price to possibly head towards the 1st support at 130.421, where the previous swing low is located.

By IC Markets

Technical Analysis
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.

By IC Markets

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