Market analysis from IC Markets
DAX40 (DE40) has bounced off the pivot and could potentially rise to the 1st resistance. Pivot: 23,438.30 1st Support: 22,533.30 1st Resistance: 24,741.85 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 be suitable for all investors, so...
WTI Oil (XTI/USD) has bounced off the pivot, which acts as an overlap support that is slightly above the 50% Fibonacci retracement and could rise to the 1st resistance. Pivot: 60.07 1st Support: 57.67 1st Resistance: 64.55 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...
The Swissie (USD/CHF) is falling towards the pivot which aligns with the 50% Fibonacci retracement and could bounce to the 1st resistance, which is also a pullback resistance. Pivot: 0.8315 1st Support: 0.8213 1st Resistance: 0.8519 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can...
The price is rising towards the pivot that lines up with the 78.6% Fibonacci retracement and could drop to the 1st support which is an overlap support. Pivot: 1.3339 1st Support: 1.3158 1st Resistance: 1.3442 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...
The Fiber (EUR/USD) has rejected off the pivot and could drop to the 1st support. Pivot: 1.1265 1st Support: 1.1071 1st Resistance: 1.1367 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...
US Dollar Index (DXY) has bounced off the pivot and could rise to the 1st resistance. Pivot: 100.27 1st Support: 99.06 1st Resistance: 101.91 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...
Dow Jones (US30) is falling towards the pivot and could bounce to the 1st resistance, which is a pullback resistance that lines up with the 161.8% Fibonacci extension. Pivot: 41,309.98 1st Support: 40,778.41 1st Resistance: 42,730.89 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) is falling towards the pivot and could bounce to the 1st resistance, which is a pullback resistance. Pivot: 59.97 1st Support: 57.60 1st Resistance: 63.27 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...
The price has bounced off the pivot, which is an overlap support, and could rise to the 61.8% Fibonacci resistance. Pivot: 0.5886 1st Support: 0.5861 1st Resistance: 0.5940 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...
The Aussie (AUD/USD) is rising towards the pivot, which aligns with the 50% Fibonacci retracement, and could reverse to the 1st support. Pivot: 0.6460 1st Support: 0.6399 1st Resistance: 0.6491 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...
The Cable (GBP/USD) is rising towards the pivot and could reverse to the 1st support. Pivot: 1.3292 1st Support: 1.3223 1st Resistance: 1.3318 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. Pivot: 1.1137 1st Support: 1.1077 1st Resistance: 1.1241 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 that...
The Gold (XAU/USD) has rejected off the pivot and could drop to the 1st support. Pivot: 3,263.17 1st Support: 3,156.30 1st Resistance: 3,287.49 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 investors, so please...
The price is falling towards the pivot and could bounce to the 61.8% Fibonacci resistance. Pivot: 1.3904 1st Support: 1.3840 1st Resistance: 1.4063 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...
USD/JPY is falling towards the pivot, which is a pullback support and could bounce to the 1st resistance identified as an overlap resistance. Pivot: 145.78 1st Support: 144.62 1st Resistance: 148.21 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...
The Swissie (USD/CHF) is falling towards the pivot, which acts as pullback support that aligns with the 50% Fibonacci retracement and could bounce to the 1st resistance. Pivot: 0.8333 1st Support: 0.8260 1st Resistance: 0.8515 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...
The Aussie (AUD/USD) is falling towards the pivot, which has been identified as a pullback support and could bounce to the 1st resistance, which aligns with the 145% Fibonacci extension. Pivot: 0.6445 1st Support: 0.6408z 1st Resistance: 0.6514 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with...
The Cable (GBP/USD) has broken out of the resistance level, which was a pullback resistance. A potential pullback to the pivot and a bounce could lead the price to rise toward the 1st resistance level. Pivot: 1,3259 1st Support: 1.3223 1st Resistance: 1.3319 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only...