Market analysis from IC Markets
The DAX (DE40) has made a bullish reaction off the pivot which has been identified as a pullback support. Could this index potentially bounce higher towards the 1st resistance? Pivot: 17,680.30 1st Support: 17,004.20 1st Resistance: 18,560.76 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with...
The Kiwi (NZD/USD) is rising towards the pivot which has been identified as an overlap resistance. Could this FX pair stall around this level before potentially reversing to drop towards the 1st support? Pivot: 0.5952 1st Support: 0.5870 1st Resistance: 0.6059 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should...
Bitcoin (BTC/USD) has made a bullish reaction off the pivot that has been identified as a pullback support. Could this crypto-currency potentially bounce higher towards the 1st resistance? Pivot: 61,137.02 1st Support: 52,090.03 1st Resistance: 71,810.70 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only...
WTI oil (XTI/USD) could fall towards the pivot which has been identified as an overlap support. Could this commodity potentially bounce off this level to climb towards the 1st resistance? Pivot: 80.96 1st Support: 76.53 1st Resistance: 87.22 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money...
XAUUSD is falling toward the pivot close to the 78.6% Fibonacci retracement and could potentially bounce off and rise toward a pullback resistance Alternatively, if price breaks below the pivot, it could continue to fall to another overlap support level Pivot: 2370 Support: 2346 Resistance: 2397 Risk Warning: Trading Forex and CFDs carries a high level of...
GBPUSD has broken the multi swing low support and could make bearish breakout. wait for the price to pullback at the pivot. Pivot: 1.2424 Support: 1.2338 Resistance: 1.2484 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...
USD/CAD could rise toward a pivot that has been identified as a pullback resistance. Could this FX pair potentially stall around this level before pulling back towards the 1st support? Pivot: 1.3828 1st Support: 1.3753 1st Resistance: 1.3888 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money...
The Kiwi (NZD/USD) could make a bearish reaction through the pivot to potentially drop lower. Could the bearish momentum drive this FX pair towards the 1st support? Pivot: 0.5863 1st Support: 0.5779 1st Resistance: 0.5930 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...
EURUSD is falling toward the pivot point and could potentially make a bearish breakout and continue to fall to the support level that aligns with 161.8% Fibonacci extension Alternatively, if price bounces off the pivot, it could continue to rise to the swing high resistance Pivot: 1.0610 Support: 1.0550 Resistance: 1.0689 Risk Warning: Trading Forex and CFDs...
Ethereum (ETH/USD) has made a bullish reaction off the pivot that has been identified as an overlap support. Could this crypto-currency potentially bounce higher towards the 1st resistance? Pivot: 2,847.25 1st Support: 2,685.96 1st Resistance: 3,111.04 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade...
WTI oil (XTI/USD) has made a bullish breakout through the pivot and momentum could carry it up toward the 1st resistance. Pivot: 84.86 1st Support: 81.01 1st Resistance: 87.77 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...
USD/CAD is falling towards the pivot which has been identified as a pullback support. Could this FX pair find support around this region before potentially bouncing higher towards the 1st resistance? Pivot: 1.3733 1st Support: 1.3668 1st Resistance: 1.3828 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only...
DJIA (US30) has made a bullish reaction off the pivot and could potentially rise towards the 1st resistance. Pivot: 37,672.13 1st Support: 37,164.30 1st Resistance: 38,025.73 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) is trading close to the pivot which has been identified as a pullback resistance. Could this FX pair potentially stall around this level before reversing to drop lower towards the 1st support? Pivot: 0.6452 1st Support: 0.6348 1st Resistance: 0.6488 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you...
Ethereum (ETH/USD) is faling towards the pivot which has been identified as an overlap support. Could this crypto-currency find support around this region before potentially bouncing higher towards the 1st resistance? Pivot: 2,847.25 1st Support: 2,685.96 1st Resistance: 3,111.04 Risk Warning: Trading Forex and CFDs carries a high level of risk to your...
GBPUSD is rising toward the pivot point which aligns with the 38.2% Fibonacci retracement and could potentially fall to a support level Alternatively, if price breaks above the pivot, it could continue to rise to the next resistance close to 61.8% Fibonacci retracement. Pivot: 1.2523 Support: 1.2424 Resistance: 1.2595 Risk Warning: Trading Forex and CFDs...
EURUSD is rising toward the pivot point close to the 38.2% Fibonacci retracement and could potentially fall to a multi swing low support level that Alternatively, if price breaks above the pivot, it could continue to rise to the next resistance level Pivot: 1.0696 Support: 1.0610 Resistance: 1.0803 Risk Warning: Trading Forex and CFDs carries a high level...
XAUUSD is rising toward the pivot which aligns with the 61.8% Fibonacci retracement point and could potentially fall to a support level Alternatively, if price breaks above the pivot, it could continue to rise to the next resistance level Pivot: 2376 Support: 2343 Resistance: 2404 Risk Warning: Trading Forex and CFDs carries a high level of risk to your...