Thursday 9th March 2023 Technical Outlook And Review Ic Markets We are currently seeing a strong bearish momentum in the price, and the bearish ichimoku cloud is pushing prices further down. price could come down to the 1st support level at 0.6017, and if the price were to break from that level, it could drop down to the 2nd support level at 0.5863, which is another overlap support. The ger30 chart indicates a bearish momentum, suggesting a downward trend in the market. there is a potential for a bearish continuation towards the first support level at 15902.63, which is a multi swing low support and aligns with the 78.60% fibonacci projection.
Thursday 23rd March 2023 Technical Outlook And Review Ic Markets While the 1st support and 1st resistance levels provide good opportunities for traders to enter the market, the overall momentum makes it difficult to predict whether the price will break above or below these levels. The us equity market is effectively unchanged this morning. with this in mind, the team will continue to eye the point at where november’s opening level at 23392 and the h4 channel support etched from the low 23250 merge (green box) for a possible long trade. Overall, the dxy chart shows a bearish bias, with potential for prices to drop towards the 1st support at 101.52. however, a break above the 1st resistance at 102.92 could potentially trigger a bullish reversal towards the 2nd resistance at 103.74. looking at the eurusd chart, the overall momentum of the chart is bearish. In terms of potential price movement, the index could potentially continue its bearish momentum towards the 1st support level at 101.93. this level is a multi swing low support and is also in confluence with the 78.60% fibonacci retracement level.
Thursday 30th March 2023 Technical Outlook And Review Ic Markets Overall, the dxy chart shows a bearish bias, with potential for prices to drop towards the 1st support at 101.52. however, a break above the 1st resistance at 102.92 could potentially trigger a bullish reversal towards the 2nd resistance at 103.74. looking at the eurusd chart, the overall momentum of the chart is bearish. In terms of potential price movement, the index could potentially continue its bearish momentum towards the 1st support level at 101.93. this level is a multi swing low support and is also in confluence with the 78.60% fibonacci retracement level. The 1st support level is at 1.2541, and this is an overlap support level. this means that there is a confluence of factors, such as a previous resistance level now acting as a support level, and this could make this level a strong support level. additionally, this level coincides with the 50% fibonacci retracement level, which could make it an even stronger support level. Btc usd: bitcoin (btc usd) has been trading with a neutral bias recently, showing no clear direction on the chart. the price action of the world’s largest cryptocurrency by market capitalization has been oscillating between two key levels. According to the market research firm omdia, oled panel monitor shipments have experienced significant growth over the past few years: 8,300 units in 2021, 160,000 units in 2022, and 820,000 units in 2023, reflecting an almost 300% annual increase from 2021 to 2024. Check out the latest ideas for germany dax 40 index from our top authors. they share their insights and technical outlook of the market movements.
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