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Technical Analysis

Technical Analysis
Thursday 11th January 2024: Technical Outlook and Review

The DXY chart currently exhibits a bearish overall momentum, indicating a weakened US Dollar. In this scenario, there's potential for a bearish continuation towards the 1st support level.

By IC Markets

Technical Analysis
Wednesday 10th January 2024: Technical Outlook and Review

The DXY (US Dollar Index) chart currently shows a neutral overall momentum, suggesting a lack of strong directional bias in the US Dollar.

By IC Markets

Technical Analysis
Tuesday 9th January 2024: Technical Outlook and Review

The DXY (US Dollar Index) chart currently displays an overall bearish momentum which is highlighted by the bearish channel.

By IC Markets

Technical Analysis
Monday 8th January 2024: Technical Outlook and Review

The DXY (US Dollar Index) chart currently exhibits a bearish overall momentum, and this is supported by the fact that the price is contained within a bearish descending channel.

By IC Markets

Technical Analysis
Friday 5th January 2024: Technical Outlook and Review

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

By IC Markets

Technical Analysis
Thursday 4th January 2024: Technical Outlook and Review

DXY: The DXY (US Dollar Index) chart currently has a bullish […]

By IC Markets

Technical Analysis
Wednesday 3rd January 2024: Technical Outlook and Review

The DXY (US Dollar Index) chart currently exhibits a bullish overall momentum, suggesting a strengthening of the US Dollar. Price could potentially experience a bullish bounce off the 1st support level and move towards the 1st resistance level.

By IC Markets

Technical Analysis
Tuesday 2nd January 2024: Technical Outlook and Review

The DXY (US Dollar Index) chart currently shows an overall bearish momentum. However, there is a potential for price to make a bullish rise towards the 1st resistance.

By IC Markets

Technical Analysis
Friday 29th December 2023: Technical Outlook and Review

The DXY (US Dollar Index) chart currently shows an overall bearish momentum, indicating a potential for price to make a bearish continuation towards the 1st support.

By IC Markets

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