Market analysis from IC Markets

ICmarkets Broker

USD/CAD has made a bullish reaction off the pivot which has been identified as an overlap support; the bullish momentum could potentially carry it higher towards the 1st resistance. Pivot: 1.3571 1st Support: 1.3523 1st Resistance: 1.3611 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money...

ICmarkets Broker

GBPJPY is currently at the pivot and could potentially fall to a pullback support level. Alternatively, if the price breaks above the pivot, it could continue to rise to the next resistance level, above 127.2% Fibonacci extension Pivot: 192.26 Support: 191.54 Resistance: 192.95 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital...

ICmarkets Broker

XAUUSDis rising toward the pivot 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 that lines up with the 127.2% Fibonacci extensions Pivot: 2348 Support: 2327 Resistance: 2363 Risk Warning: Trading Forex and CFDs carries a high level of risk to your...

ICmarkets Broker

GBPUSD is rising toward the pivot point that lines up with the 50% Fibonacci retracement and could potentially fall to a support level that closes to the 78.6% Fibonacci retracement. Alternatively, if price breaks above the pivot, it could continue to rise to the next resistance level Pivot: 1.2674 Support: 1.2578 Resistance: 1.2755 Risk Warning: Trading...

ICmarkets Broker

EURUSD is rising toward the pivot point and could potentially fall to an overlap support level that closes to the 50% Fibonacci retracement. Alternatively, if price breaks above the pivot, it could continue to rise to the next resistance level Pivot: 1.0874 Support: 1.0802 Resistance: 1.0916 Risk Warning: Trading Forex and CFDs carries a high level of risk to...

ICmarkets Broker Updated 

USDCHF has just bounced off the pivot and could potentially rise to 1st resistance Alternatively, if price breaks below the pivot, it could continue to fall to another support level Pivot: 0.9025 Support: 0.8996 Resistance: 0.9056 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can...

ICmarkets Broker Updated 

XAUUSD has reacted off the pivot that lines up with the 78.6% Fibonacci projection and could fall to support. Alternatively, if price breaks above the pivot, it could continue to rise to the next resistance level Pivot: 2353.87 Support: 2330.47 Resistance:2372.98 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you...

ICmarkets Broker

USD/CAD could head towards a pullback resistance which has been identified as the pivot. Could this FX pair potentially stall around this level once again before making a bearish reaction to drop lower towards the 1st support? Support: 1.3447 Resistance: 1.3629 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should...

ICmarkets Broker

The Aussie (AUD/USD) could rise towards the pivot which has been identified as an overlap resistance. Could this FX pair stall around this level before potentially reversing to drow lower towards the 1st support? Pivot: 0.6650 Support: 0.6477 Resistance: 0.6842 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should...

ICmarkets Broker

DAX (DE40) is falling towards the pivot which has been identified as a pullback support. Could it potentially bounce off this pivot and rise toward the 1st resistance? Pivot: 17,918.70 Support: 17,043.92 Resistance: 18,768.85 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...

ICmarkets Broker

Ethereum (ETH/USD) has made a bullish bounce off the pivot which has been identified as a pullback support; the bullish momentum could potentially carry it higher towards the 1st resistance. Pivot: 3,262.85 Support: 2,989.64 Resistance: 4,045.80 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with...

ICmarkets Broker

GBPUSD is currently at the pivot that lines up with the 61.8% Fibonacci retracement and could potentially fall to the support level. Alternatively, if the price breaks above the pivot, it could continue to rise to the next resistance level Pivot: 1.2639 Support: 1.2592 Resistance: 1.2684 Risk Warning: Trading Forex and CFDs carries a high level of risk to...

ICmarkets Broker

EURUSD is currently at the pivot and could potentially fall to the support level that lines up with the 50% Fibonacci retracement. Alternatively, if the price breaks above the pivot, it could continue to rise to the next resistance level Pivot: 1.0841 Support: 1.0802 Resistance: 1.08832 Risk Warning: Trading Forex and CFDs carries a high level of risk to...

ICmarkets Broker

USDCHF is rising toward the pivot 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: 0.9037 Support: 0.9003 Resistance: 0.9069 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you...

ICmarkets Broker

XAUUSD (GOLD) is rising toward the pivot point that lines up 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 level Pivot: 2282.40 Support: 2268.76 Resistance: 2291.61 Risk Warning: Trading Forex and CFDs carries a high level of...

ICmarkets Broker

GBPUSD is falling toward the pivot and could potentially bounce off a pullback support that aligns the 61.8% Fibonacci retracement and rises toward an overlap resistance Alternatively, if price breaks below the pivot, it could continue to fall to the next support level Pivot: 1.2587 Support: 1.2542 Resistance: 1.2674 Risk Warning: Trading Forex and CFDs...

ICmarkets Broker

EURUSD is falling toward the pivot and could potentially bounce off a pullback support that aligns the 50% Fibonacci retracement and rises toward an overlap resistance Alternatively, if price breaks below the pivot, it could continue to fall to the next support level Pivot: 1.0802 Support: 1.0730 Resistance: 1.0872 Risk Warning: Trading Forex and CFDs...

ICmarkets Broker

USD/CAD is heading towards a pullback resistance which has been identified as a pivot point. Could price potentially stall around this level before making a bearish reaction to drop lower towards the 1st support? Pivot: 1.36134 Support: 1.35220 Resistance: 1.36569 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you...