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Technical Analysis
Thursday 11th May 2023: Technical Outlook and Review

The DXY chart is currently showing bearish momentum, with price potentially continuing its bearish trend towards the 1st support level at 101.02. This support level is a multi-swing low support, indicating that price has bounced off this level multiple times in the past.

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Recent
IC Markets Asia Fundamental Forecast | 11 May 2023

IC Markets Asia Fundamental Forecast | 11 May 2023 What happened […]

By IC Markets

Recent
Wednesday 10th May 2023: Gold shines as dollar dips; crude oil rises on US reserve plan

Global Markets: News & Data: Markets Update: Asian equity markets were […]

By IC Markets

Recent
IC Markets Europe Fundamental Forecast | 10 May 2023

IC Markets Europe Fundamental Forecast | 10 May 2023 What happened […]

By IC Markets

Technical Analysis
Wednesday 10th May 2023: Technical Outlook and Review

Currently, the DXY chart is seeing a multi-swing low support level at 101.02, which is a strong reason for its potential to be a good support level. Additionally, there is a swing low support level at 100.82, further reinforcing the strength of the support levels.

By IC Markets

Recent
IC Markets Asia Fundamental Forecast | 10 May 2023

IC Markets Asia Fundamental Forecast | 10 May 2023 What happened […]

By IC Markets

Recent
IC Markets Europe Fundamental Forecast | 9 May 2023

IC Markets Europe Fundamental Forecast | 9 May 2023 What happened […]

By IC Markets

Technical Analysis
Tuesday 9th May 2023: Technical Outlook and Review

The EUR/USD instrument. The overall momentum of the chart is currently bearish, and this is due to the possibility that the price may break below the ascending trendline, which could cause the price to drop towards the 1st support level.

By IC Markets

Recent
IC Markets Asia Fundamental Forecast | 9 May 2023

IC Markets Asia Fundamental Forecast | 9 May 2023 What happened […]

By IC Markets