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Technical Analysis

Technical Analysis
Thurday 26th October 2023: Technical Outlook and Review

The DXY (US Dollar Index) chart currently exhibits a bullish overall momentum, indicating the potential for a bullish continuation towards the 1st resistance level.

By IC Markets

Technical Analysis
Wednesday 25th October 2023: Technical Outlook and Review

DXY: The DXY chart currently maintains a bearish overall momentum, suggesting […]

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Technical Analysis
Tuesday 24th October 2023: Technical Outlook and Review

The EUR/USD chart currently has a bullish overall momentum, and there is a potential scenario for a bullish continuation towards the 1st resistance level.

By IC Markets

Technical Analysis
Monday 23rd October 2023: Technical Outlook and Review

The EUR/USD chart currently exhibits a bearish momentum, with price positioned below the bearish Ichimoku cloud. There's a potential scenario where price could experience a bearish reaction off the 1st resistance and drop towards the 1st support.

By IC Markets

Technical Analysis
Friday 20th October 2023: Technical Outlook and Review

The DXY (US Dollar Index) chart currently displays an overall neutral momentum, suggesting a potential scenario for price to fluctuate between the 1st resistance and the 1st support levels. However, the Relative Strength Index (RSI) is displaying bullish divergence versus price, indicating the likelihood of a bullish move towards the 1st resistance level.

By IC Markets

Technical Analysis
Thursday 19th October 2023: Technical Outlook and Review

The DXY (US Dollar Index) chart currently displays a bullish overall momentum, suggesting the potential scenario of a bullish continuation towards the 1st resistance level.

By IC Markets

Technical Analysis
Wednesday 18th October 2023: Technical Outlook and Review

The DXY chart currently exhibits bearish momentum, with the potential scenario of a bearish break below the 1st support level, targeting the 2nd support level.

By IC Markets

Technical Analysis
Tuesday 17th October 2023: Technical Outlook and Review

The DXY chart currently exhibits a bullish momentum, suggesting the potential for a bullish bounce off the 1st support level and a move towards the 1st resistance.

By IC Markets

Technical Analysis
Monday 16th October 2023: Technical Outlook and Review

The DXY (US Dollar Index) chart currently demonstrates bullish momentum, indicating the potential for a bullish continuation towards the 1st resistance level.

By IC Markets