Technical Analysis

Technical Analysis

Wednesday 7th February 2024: Technical Outlook and Reviews

The DXY chart currently exhibits a bearish overall momentum, indicating a downward trend. The price could potentially make a bearish continuation towards the 1st support.

By IC Markets

Technical Analysis

Tuesday 6th February 2024: Technical Outlook and Review

The DXY chart currently exhibits a bearish overall momentum, indicating a downward trend. According to the analysis, the price could potentially experience a bearish reaction off the 1st resistance and drop towards the 1st support.

By IC Markets

Technical Analysis

Monday 5th February 2024: Technical Outlook and Review

The DXY chart currently exhibits a bearish overall momentum, indicating a downward trend. According to the analysis, the price could potentially rise towards the 1st resistance in the short term before reversing off it and dropping towards the 1st support.

By IC Markets

Technical Analysis

Friday 2nd February 2024: Technical Outlook and Review

The DXY (US Dollar Index) chart currently exhibits a neutral overall momentum, suggesting a lack of a strong trend in either direction. Price could potentially fluctuate between the 1st resistance and 1st support levels.

By IC Markets

Technical Analysis

Thursday 01st February 2024: Technical Outlook and Review

The DXY chart currently exhibits a neutral overall momentum, indicating a lack of a clear trend direction. The price could potentially fluctuate between the 1st resistance and 1st support levels.

By IC Markets