Market analysis from IC Markets
The Gold (ZAU/USD) is reacting off the pivot and could drop to the 1st support. Pivot: 3,328.69 1st Support: 3,271.11 1st Resistance: 3,359.66 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 Loonie (USD/CAD) has reacted off the pivot and could rise to the 6.8% Fibonacci resistance. Pivot: 1.3891 1st Support: 1.3840 1st Resistance: 1.4062 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...
The Swissie (USD/CHF) has reacted off the pivot and could rise to the 1st resistance which is a pullback resistance that aligns with the 127.2% Fibonacci extension. Pivot: 0.8276 1st Support: 0.8218 1st Resistance: 0.8373 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 Kiwi (NZD/USD) is falling towards the pivot and could bounce to the 1st resistance. Pivot: 0.5888 1st Support: 0.5830 1st Resistance: 0.5977 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 Aussie (AUD/USD) is falling towards the pivot which acts as an overlap support and could bounce to the 1st resistance which is also an overlap resistance. Pivot: 0.6359 1st Support: 0.6293 1st Resistance: 0.6440 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....
US Dollar Index (DXY) is rising towards the pivot which is a pullback resistance and could reverse to the 1st support. Pivot: 101.39 1st Support: 99.91 1st Resistance: 102.58 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 Cable (GBP?USD) is reacting off the pivot and could potentially drop to the 1st support. Pivot: 1.3261 1st Support: 1.3159 1st Resistance: 1.3333 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...
The Fiber (EUR/USD) is rising towards the pivot and could reverse to the 1st support. Pivot: 1.1268 1st Support: 1.1088 1st Resistance: 1.1369 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) has bounced off the pivot and could rise to the 1st resistance which lines up with the 145% Fibonacci extension. Pivot: 40,653.80 1st Support: 39,774.46 1st Resistance: 42,181.26 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...
WTI Oil (XTI/USD) has bounced off the pivot which has been identified as a pullback support support and could potentially rise to the pullback resistance. Pivot: 57.60 1st Support: 56.26 1st Resistance: 59.82 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 Swissie (USD/CHF is reacting off the pivot and could potentially rise to the 1st resistance that aligns with the 38.2% Fibonacci retracement. Pivot: 0.8213 1st Support: 0.8116 1st Resistance: 0.8357 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...
The Kiwi (NZD/USD) is falling towards the pivot which acts as a pullback support and could bounce to the 1st resistance. Pivot: 0.5902 1st Support: 0.5852 1st Resistance: 0.6020 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...
The Aussie (AUD/USD0 is rising towards the pivot which is a pullback resistance and could reverse to the 1st support that aligns with the 161.8% Fibonacci extension. Pivot: 0.6446 1st Support: 0.6393 1st Resistance: 0.6468 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 Cable (GBP/USD) is falling towards the pivot which is a pullback support and could bounce to the 1st resistance which is an overlap resistance. Pivot: 1.3264 1st Support: 1.3233 1st Resistance: 1.3338 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...
The Fiber (EUR/USD) is rising towards the pivot and could reverse to the 1st support. Pivot: 1.1338 1st Support: 1.1274 1st Resistance: 1.1376 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 falling towards the pivot and could bounce to the 1st resistance. Pivot: 99.61 1st Support: 99.36 1st Resistance: 100.03 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) has bounced off the pivot which is an overlap support and could bounce to the 1st resistance that aligns with the 145% Fibonacci extension. Pivot: 40,653.80 1st Support: 39,774.46 1st Resistance: 42,181.26 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...
WTI Oil (XTI/USD) is reacting off the pivot which is a pullback resistance and could potentially rise to the 1st resistance. Pivot: 59.28 1st Support: 57.84 1st Resistance: 61.83 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...