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Monday 26th August 2024: Technical Outlook and Review
DXY (US Dollar Index): Potential Direction: BearishOverall momentum of the chart: […]
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Friday 23rd August 2024: Technical Outlook and Review
DXY (US Dollar Index): Potential Direction: BullishOverall momentum of the chart: […]
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Thursday 22nd August 2024: Technical Outlook and Review
Identified as swing low support, indicating a potential area where buyers could enter the market, leading to a bullish bounce.
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Wednesday 21st August 2024: Technical Outlook and Review
Supported by the 161.80% Fibonacci Extension, suggesting a potential reversal point where buying pressure could increase.
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Tuesday 20th August 2024: Technical Outlook and Review
Identified as an overlap support that aligns close to a 161.8% Fibonacci extension level, indicating a potential area where buying interests could pick up to stage a minor rebound.
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Monday 19th August 2024: Technical Outlook and Review
Identified as an overlap support, reinforced by the 78.60% Fibonacci Retracement and the 127.20% Fibonacci Extension, indicating a confluence of support that could encourage buying activity.
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Friday 16th August 2024: Technical Outlook and Review
Identified as swing low support, indicating a potential area where the price could find a strong base and push higher.
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Thursday 15th August 2024: Technical Outlook and Review
Identified as swing low support, suggesting a significant area where previous declines have found support.
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Wednesday 14th August 2024: Technical Outlook and Review
DXY (US Dollar Index): Potential Direction: BearishOverall momentum of the chart: […]