Thursday 27th July 2023: Technical Outlook and Review
The DXY instrument is currently showing a bearish overall momentum. It's predicted that the price could potentially make a bearish reaction off the 1st resistance and drop to the 1st support level. The 1st support is located at 100.39 and is seen as good due to its quality as a pullback support and its position at the 61.80% Fibonacci retracement level.
IC Markets Asia Fundamental Forecast | 27 July 2023
IC Markets Asia Fundamental Forecast | 27 July 2023 What happened […]
Wednesday 26th July 2023: Asian Markets Brace for Federal Reserve’s Rate Decision
Global Markets: News & Data: Markets Update: Investors in Asia-Pacific markets […]
IC Markets Europe Fundamental Forecast | 26 July 2023
IC Markets Europe Fundamental Forecast | 26 July 2023 What happened […]
Wednesday 26th July 2023: Technical Outlook and Review
The DXY chart displays a bullish momentum, suggesting a potential upward continuation towards the 1st resistance. The 1st support is at 100.84, identified as an overlap support. The 2nd support at 100.02 aligns with the 78.60% Fibonacci retracement level, further enhancing its significance.
IC Markets Asia Fundamental Forecast | 26 July 2023
IC Markets Asia Fundamental Forecast | 26 July 2023 What happened […]
Tuesday 25th July 2023: Asian Markets Witness Strong Rebound and Positive Momentum
Global Markets: News & Data: Markets Update: On Tuesday, the Hong […]
IC Markets Europe Fundamental Forecast | 25 July 2023
IC Markets Europe Fundamental Forecast | 25 July 2023 What happened […]
Tuesday 25th July 2023: Technical Outlook and Review
The DXY chart indicates a bullish momentum, suggesting a potential bullish continuation towards the 1st resistance level at 101.98. This resistance level is identified as an overlap resistance and coincides with the 61.80% Fibonacci retracement.
