Forex News: Daily

Technical Analysis

Friday 10th November 2023: Technical Outlook and Review

DXY: The DXY (US Dollar Index) chart currently maintains a bearish […]

By IC Markets

Technical Analysis

Thursday 9th November 2023: Technical Outlook and Review

The DXY chart currently displays a bearish overall momentum, indicating the potential for a bearish continuation towards the 1st support level.

By IC Markets

Technical Analysis

Wednesday 8th November 2023: Technical Outlook and Review

The DXY (US Dollar Index) chart currently exhibits a bearish overall momentum, suggesting the potential for a bearish reaction off the 1st resistance level, followed by a drop towards the 1st support level.

By IC Markets

Technical Analysis

Tuesday 7th November 2023: Technical Outlook and Review

The DXY (US Dollar Index) chart currently has a bearish overall momentum, suggesting the potential for a bearish reaction off the 1st resistance and a drop towards the 1st support.

By IC Markets

Technical Analysis

Monday 6th November 2023: Technical Outlook and Review

The DXY (US Dollar Index) chart currently has a bearish overall momentum, suggesting the potential for a bearish reaction off the 1st resistance level and a drop towards the 1st support.

By IC Markets

Technical Analysis

Friday 3rd November 2023: Technical Outlook and Review

The DXY (US Dollar Currency Index) chart currently has a neutral overall momentum, indicating a lack of a strong directional bias. In this situation, it's suggested that the price could potentially fluctuate between the 1st support and 1st resistance levels.

By IC Markets

Technical Analysis

Thursday 2nd November 2023: Technical Outlook and Review

The XAU/USD (Gold/US Dollar) chart currently exhibits a bearish overall momentum. However, there's a potential short-term bullish scenario in which the price could bounce off the 1st support at 1977.14, which is identified as an overlap support.

By IC Markets