Market analysis from IC Markets
The Loonie (USD/CAD) is rising towards the pivot and could reverse to the 1st support. Pivot: 1.3895 1st Support: 1.3792 1st Resistance: 1.3943 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please...
The Gold (XAU/USD) is rising towards the pivot, which acts as a pullback resistance and could reverse to the 1st support, which has been identified as a pullback support. Pivot: 3,284.50 1st Support: 3,205.30 1st Resistance: 3,232.71 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can...
WTI Oil (XTI/USD) has bounced off the pivot and could rise the 1st resistance which is a pullback resistance. Pivot: 61.68 1st Support: 60.72 1st Resistance: 63.49 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all...
The Bitcoin (BTC/USD) has reacted off the pivot, which lines up with the 38.2% Fibonacci retracement, and could drop to the 1st support, which lines up with the 127.2% Fibonacci extension. Pivot: 108,411.31 1st Support: 105,349.38 1st Resistance: 109,146.02 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only...
CAD/JPY has bounced off the pivot, which has been identified as a pullback support that lines up with the 38.2% Fibonacci retracement and could rise to the 1st resistance. Pivot: 104.26 1st Support: 103.24 1st Resistance: 106.19 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford...
AUD/JPY is reacting off the pivot and could rise to the 1st resistance, which aligns with the 61.8% Fibonacci retracement. Pivot: 92.87 1st Support: 92.06 1st Resistance: 94.07 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable...
AUD/CAD is rising towards the pivot and could drop from this level to the 1st support. Pivot: 0.89626 1st Support: 0.87895 1st Resistance: 0.90356 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please...
NZD/JPY has reacted off the pivot and could potentially rise to the 1st resistance. Pivot: 86.01 1st Support: 85.40 1st Resistance: 87.07 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure...
The Gold (XAU/USD) is falling towards the pivot and could bounce to the pullback resistance. Pivot: 3,262.87 1st Support: 3,208.70 1st Resistance: 3,360.90 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors,...
The Loonie (USD/CAD) has reacted off the pivot and could rise to the 1st resistance that aligns with the 71% Fibonacci retracement. Pivot: 1.3792 1st Support: 1.3688 1st Resistance: 1.3905 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not...
USD/JPY is rising towards the pivot, which has been identified as a pullback resistance and could reverse to the pullback support. Pivot: 144.85 1st Support: 142.56 1st Resistance: 145.85 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not...
The Swissie (USD/CHF) is rising towards the pivot and could reverse to the 1st support, which is a pullback support. Pivot: 0.8317 1st Support: 0.8198 1st Resistance: 0.8391 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable...
The Aussie (AUD/USD) has rejected off the pivot, which acts as an overlap resistance and could potentially drop to the 1st support which is a pullback support. Pivot: 0.6451 1st Support: 0.6392 1st Resistance: 0.6481 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose....
The Cable (GBP/USD) is falling towards the pivot which is an overlap support and could bounce to the 1st resistance. Pivot: 1.3395 1st Support: 1.3317 1st Resistance: 1.3583 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable...
The Fiber (EUR/USD) is falling towards the pivot and could bounce to the 1st resistance. Pivot: 1.1263 1st Support: 1.1166 1st Resistance: 1.1423 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please...
US Dollar Index (DXY) is rising towards the pivot and could reverse to the 1st support. Pivot: 100.21 1st Support: 99.08 1st Resistance: 101.14 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please...
The price is falling towards the pivot and could bounce to the 1st resistance, which is a pullback resistance. Pivot: 3,287.49 1st Support: 3,240.33 1st Resistance: 3,413.48 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable...
GBP/AUD has bounced off the pivot, which acts as an overlap support and could rise to the 1st resistance, which lines up with the 61.8% Fibonacci projection. Pivot: 2.0789 1st Support: 2.0703 1st Resistance: 2.1072 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose....