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Technical Analysis

Technical Analysis
Thursday 30th November 2023: Technical Outlook and Review

The DXY (US Dollar Index), the overall momentum of the chart is bearish, suggesting a potential download movement in price. In this scenario could potentially make a Bearish continuation towards the 1st support.

By IC Markets

Technical Analysis
Wednesday 29th November 2023: Technical Outlook and Review

The DXY (US Dollar Index) could potentially make a Bearish continuation towards the 1st support. The 1st support at 102.30 is identified as a pullback support. This suggests that it's a significant level where buying interest may emerge, providing support for the DXY.

By IC Markets

Technical Analysis
Tuesday 28th November 2023: Technical Outlook and Review

The DXY (US Dollar Index), the overall momentum of the chart is bearish, indicating a downward trend. The price could potentially continue its bearish movement towards the 1st support.

By IC Markets

Technical Analysis
Monday 27th November 2023: Technical Outlook and Review

The DXY (Dollar Index), the overall momentum of the chart is weak bullish with low confidence, suggesting a tentative upward bias. There's a potential scenario where price could experience a bullish bounce off the 1st support and head towards the 1st resistance.

By IC Markets

Technical Analysis
Wednesday 22nd November 2023: Technical Outlook and Review

The DXY (US Dollar Index) chart currently indicates a bullish momentum, suggesting a potential bullish continuation towards the first resistance at 103.99.

By IC Markets

Technical Analysis
Tuesday 21st November 2023: Technical Outlook and Review

The DXY (US Dollar Index) chart currently has an overall bearish overall momentum, suggesting the potential for a bearish continuation towards the 1st support.

By IC Markets

Technical Analysis
Monday 20th November 2023: Technical Outlook and Review

The DXY (US Dollar Index) chart currently has a bullish overall momentum, suggesting the potential for a bullish bounce off the 1st support level, with a potential move towards the 1st resistance.

By IC Markets

Technical Analysis
Friday 17th November 2023: Technical Outlook and Review

The DXY chart currently has a bearish overall momentum, but there is a potential for a bullish continuation towards the 1st resistance.

By IC Markets

Technical Analysis
Thursday 16th November 2023: Technical Outlook and Review

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

By IC Markets