Market analysis from IC Markets

ICmarkets Broker

GBPUSD is rising toward the pivot point + 127.2% and could potentially fall to a support level However, a break above the pivot might lead to an ascent towards the next resistance at the 161.8% Fibonacci extension. Pivot: 1.2528 Support: 1.2419 Resistance: 1.2596 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should...

ICmarkets Broker

DE40 has just bounced off at the pivot and could rise to the next pullback resistance level which is close to 161.6% Fibonacci extension Alternatively, if the price breaks below the pivot, it could continue to fall to the next support level level Pivot: 17902 Support: 17657 Resistance: 18208 Risk Warning: Trading Forex and CFDs carries a high level of risk...

ICmarkets Broker

AUDUSD has just bounced off at the pivot and could rise to the next pullback resistance level that is close to the 50% Fibonacci retracement Alternatively, if the price breaks below the pivot, it could continue to fall to the next support level level Pivot: 0.6449 Support: 0.6389 Resistance: 0.6500 Risk Warning: Trading Forex and CFDs carries a high level...

ICmarkets Broker

USDJPY is currently at the pivot and could fall toa pullback support level. Alternatively, if the price breaks above the pivot, it could continue to rise to the next resistance level which is close to the 161.8% Fibonacci extension. Addiontaly, there is bearish divergence Pivot: 154.77 Support: 153.36 Resistance: 155.77 Risk Warning: Trading Forex and CFDs...

ICmarkets Broker

XAUUSD is rising toward the pivot point and could potentially fall to a support level that is close to the 161.8 Fibonacci extension Alternatively, if price breaks above the pivot, it could continue to rise to the pullback resistance level Pivot: 2320 Support: 2266 Resistance: 2363 Risk Warning: Trading Forex and CFDs carries a high level of risk to your...

ICmarkets Broker

DJIA (US30) is rising towards the pivot which has been identified as an overlap resistance. Could this index stall around this level before potentially reversing to drop lower? Pivot: 38,546.69 1st Support: 38,025.73 1st Resistance: 39,042.57 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with...

ICmarkets Broker

The Kiwi (NZD/USD) is trading close to the pivot which has been identified as a pullback resistance. Could this FX pair stall around this level before potentially reversing to drop towards the 1st support? Pivot: 0.5930 1st Support: 0.5873 1st Resistance: 0.5974 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should...

ICmarkets Broker

Ethereum (ETH/USD) is rising towards the pivot which has been identified as a pullback resistance. Could this crypto-currency potentially stall around this level before reversing to drop towards the 1st support? Pivot: 3,256.52 1st Support: 2,945.02 1st Resistance: 3,436.46 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and...

ICmarkets Broker

WTI oil (XTI/USD) has made a bullish bounce off the pivot. Could this commodity potentially continue to climb towards the 1st resistance? Pivot: 81.86 1st Support: 80.62 1st Resistance: 85.42 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...

ICmarkets Broker Updated 

EURUSD has reacted off the pivot, aligning with the 50% Fibonacci retracement. and could fall to the support level Alternatively, if price breaks above the pivot, it could continue to rise to the next resistance level Pivot: 1.0653 Support:1.0611 Resistance: 1.0676 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you...

ICmarkets Broker Updated 

GBPJPY is currently at the pivot, aligning with the 78.6% 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: 192.12 Support: 191.28 Resistance: 192.83 Risk Warning: Trading Forex and CFDs carries a high level of risk to your...

ICmarkets Broker

GBPJPY is rising toward the pivot point that is close to the 50% Fibonacci retracement and could potentially fall to a support level Alternatively, if price breaks above the pivot, it could continue to rise to a multi-swing high resistance level Pivot: 191.74 Support: 190.15 Resistance: 192.79 Risk Warning: Trading Forex and CFDs carries a high level of risk...

ICmarkets Broker

XAUUSD is rising toward the pivot point and could potentially fall to an overlap support level Alternatively, if price breaks above the pivot, it could continue to rise to a pullback resistance level Pivot: 2376 Support: 2348 Resistance: 2393 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money...

ICmarkets Broker

GBPUSD is rising toward the pivot point that close to the 61.8% 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: 1.2421 Support: 1.2367 Resistance: 1.2482 Risk Warning: Trading Forex and CFDs carries a high level of risk to your...

ICmarkets Broker

EURUSD is rising toward the pivot point that close to 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: 1.0699 Support: 1.0615 Resistance: 1.0801 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital...

ICmarkets Broker

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...

ICmarkets Broker

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...

ICmarkets Broker

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...