Monday 11th December 2023: Technical Outlook and Review
The DXY chart currently exhibits a bearish overall momentum, and there's potential for a bearish reaction off the 1st resistance level, suggesting a possible downward movement towards the 1st support.
Friday 8th December 2023: Technical Outlook and Review
The DXY chart currently shows a bearish overall momentum, indicating a potential for a bearish continuation in the price action.
Thursday 7th December 2023: Technical Outlook and Review
DXY: The DXY (US Dollar Index) chart is currently exhibiting a […]
Wednesday 6th Dec 2023: Technical Outlook and Review
The DXY (US Dollar Index) chart currently has a bearish overall momentum, and there's potential for a bearish continuation towards the 1st support level.
Tuesday 5th Dec 2023: Technical Outlook and Review
The DXY (US Dollar Index) chart currently has a bearish overall momentum. Price could potentially continue this bearish trend towards the 1st support at 103.02, which is identified as an overlap support. This level may act as a significant area where buying interest could emerge and potentially provide some support for the DXY.
Monday 4th Dec 2023: Technical Outlook and Review
The EUR/USD chart currently exhibits a bullish overall momentum, suggesting potential price action where it may experience a bullish bounce off the 1st support and move towards the 1st resistance.
On the Wings of a Dove – Gold Hits New Record Highs
Gold surged to fresh all-time highs today as dovish comments from Federal Reserve Bank Chairman Jerome Powell on Friday led to more pressure on the US dollar.
Friday 1st Dec 2023: Technical Outlook and Review
The chart for DXY (US Dollar Index) displays a bullish overall momentum. Potential price action suggests a bullish bounce off the 1st support.
Thursday 30th November 2023: Technical Outlook and Review
The DXY (US Dollar Index), the overall momentum of the chart is bearish, suggesting a potential download movement in price. In this scenario could potentially make a Bearish continuation towards the 1st support.
