IC Markets Technical Analysis

Monday 28th May: Weekly technical outlook and review

UK banks are closed in observance of the Spring Bank Holiday. US banks are also closed in observance of Memorial Day. EUR/USD: Weekly Gain/Loss: -1.09% Weekly Closing price:...
IC Markets Technical Analysis

Monday 23rd April: Weekly technical outlook and review

EUR/USD:    Weekly gain/loss: -0.35% Weekly closing price: 1.2285 Shaped by three robust weekly candles back in late 2014, the weekly supply zone priced in at 1.2569-1.2287...
IC Markets Technical Analysis

Monday 4th June: Weekly technical outlook and review

EUR/USD: Weekly Gain/Loss: +0.07% Weekly Closing price: 1.1657 After shaking hands with a major weekly supply at 1.2569-1.2287 earlier this year, the single currency has remained under...
IC Markets Technical Analysis

Monday 11th June: Weekly technical outlook and review

EUR/USD: Weekly Gain/Loss: +0.93% Weekly Closing price: 1.1766 Following six consecutive weeks of losses, the euro came in strong last week and confronted nearby weekly resistance area...
IC Markets Technical Analysis

Wednesday 30th May: Broad risk aversion seen in the currency markets...

EUR/USD: The single currency, as you can see, lost considerable ground against its US counterpart on Tuesday. Political unrest in Italy continued to plague the...
IC Markets Technical Analysis

Friday 20th April: Canadian inflation figures take the limelight as we...

EUR/USD:    H4 demand at 1.2324-1.2339 elbowed its way into the spotlight once again on Thursday, following a to-the-pip retest at the underside of 1.24....
IC Markets Technical Analysis

Monday 18th June: Weekly technical outlook and review

EUR/USD: Weekly Gain/Loss: -1.34% Weekly Closing price: 1.1605 The single currency, as you can see, lost considerable ground against its US counterpart over the course of last...

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