IC Markets Technical Analysis

Dollar trades on the back foot ahead of the highly-anticipated FOMC...

EURUSD: EURUSD bulls went on the offensive Tuesday, chalking up a third consecutive daily gain. A faster-than-anticipated pickup in the Eurozone economy during the first...
IC Markets Technical Analysis

Slew of Eurozone data eyed in early Europe – remain vigilant.

EURUSD: Data published by the European Commission came in mostly weaker than forecast Monday, with economic sentiment at its lowest level since 2016. In addition...
IC Markets Technical Analysis

2 Weekly technical outlook and review.

EURUSD: Weekly gain/loss: -0.90% Weekly close: 1.1139 Weekly perspective: Last week’s sharp run to the downside pressured the euro into further losses, shedding close to 100 pips and...
IC Markets Technical Analysis

Dollar trades at 09 highs ahead of today’s GDP release

EURUSD: The euro yielded additional ground to its US peer Thursday, down 0.20% on the day and drafting its third consecutive daily loss. The dollar...
IC Markets Technical Analysis

Dollar extends advance and refreshes 09 yearly highs

EURUSD: Starved of support, the single currency fell sharply vs. its US counterpart Wednesday, down 0.77% as of writing. Capital continued to bolster the US...
IC Markets Technical Analysis

Dollar marks fresh 09 high though struggle to overthrow weekly...

EURUSD: Capital flooded into US markets Tuesday as many traders returned from the long holiday weekend. The US dollar index, or ‘DXY’, refreshed 2019 highs...
IC Markets Technical Analysis

FX markets look to shake off the long Easter weekend ahead...

EURUSD: Among the top performers, the euro climbed higher vs. its US counterpart Tuesday amid holiday-thinned conditions. Up 0.17%, the euro-to-dollar pair, as evident from...

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