Monday 19th February 2024: Technical Outlook and Review
The current momentum of DXY is bullish, supported by several factors, including its position above a major ascending trend line, indicating potential for further upward movement.
Friday 16th February 2024: Technical Outlook and Review
The DXY chart currently demonstrates a bullish overall momentum. There's a potential scenario where the price may drop further to the 1st support in the short term before bouncing from there and rising to the 1st resistance.
Thursday 15th February 2024: Technical Outlook and Review
The DXY chart currently indicates a bearish momentum, suggesting a potential continuation of the downward trend.
Wednesday 14th February 2024: Technical Outlook and Review
The DXY chart currently exhibits a bearish momentum, indicating a potential continuation of the downward trend.
Tuesday 13th February 2024: Technical Outlook and Review
The DXY chart currently reflects a neutral momentum, suggesting a lack of clear direction in the market. There's a possibility of price fluctuating between the 1st resistance and 1st support levels.
Thursday 8th February 2024: Technical Outlook and Review
The DXY chart currently indicates a bearish overall momentum, suggesting a downward trend. There's a potential for a bearish continuation towards the 1st support level.
Wednesday 7th February 2024: Technical Outlook and Reviews
The DXY chart currently exhibits a bearish overall momentum, indicating a downward trend. The price could potentially make a bearish continuation towards the 1st support.
Tuesday 6th February 2024: Technical Outlook and Review
The DXY chart currently exhibits a bearish overall momentum, indicating a downward trend. According to the analysis, the price could potentially experience a bearish reaction off the 1st resistance and drop towards the 1st support.
Monday 5th February 2024: Technical Outlook and Review
The DXY chart currently exhibits a bearish overall momentum, indicating a downward trend. According to the analysis, the price could potentially rise towards the 1st resistance in the short term before reversing off it and dropping towards the 1st support.
