Tuesday 22nd August 2023: Technical Outlook and Review
The DXY chart currently displays a bearish momentum, suggesting a prevailing downward trend. Given this momentum, there is a potential scenario where the price could undergo a bearish breakout from the 1st support level at 103.20, potentially leading to a decline towards the 2nd support at 102.79.
IC Markets Asia Fundamental Forecast | 22 August 2023
IC Markets Asia Fundamental Forecast | 22 August 2023 What happened […]
Monday 21st August 2023: Asia-Pacific Markets React to China’s LPR Adjustments and Varied Global Trends
Global Markets: News & Data: Markets Update: Asia-Pacific markets displayed a […]
IC Markets Europe Fundamental Forecast | 21 August 2023
IC Markets Europe Fundamental Forecast | 21 August 2023 What happened […]
Monday 21st August 2023: Technical Outlook and Review
The DXY chart currently displays a bearish momentum, suggesting a prevailing downward trend. Within this context, there's a potential scenario where the price could experience a bearish reaction upon reaching the 1st resistance level at 103.43. This level is significant as an overlap resistance, potentially causing a downward movement.
IC Markets Asia Fundamental Forecast | 21 August 2023
IC Markets Asia Fundamental Forecast | 21 August 2023 What happened […]
Friday 18th Aug 2023: Asia-Pacific Markets Decline Amid Japan’s Inflation and China’s Real Estate Challenges
Global Markets: News & Data: Markets Update: Asia-Pacific markets faced declines […]
IC Markets Europe Fundamental Forecast | 18 August 2023
What happened in the Asia session? With no notable news events […]
Friday 18th Aug 2023: Technical Outlook and Review
The DXY chart is currently demonstrating a bullish momentum, indicating a prevailing upward trend. There's a potential scenario where the price could experience a bullish bounce off the 1st support at 103.22 and advance towards the 1st resistance at 103.57.
