Tuesday 19th September 2023: Technical Outlook and Review
The DXY (US Dollar Index) chart currently demonstrates a robust bullish momentum, buoyed by several key factors that contribute to its upward trajectory. Notably, the price maintains its position above a significant ascending trend line, signaling the potential for further bullish momentum and reinforcing the overall positive sentiment
Monday 18th September 2023: Technical Outlook and Review
The DXY (US Dollar Index) chart is currently displaying a robust and sustained bullish momentum, with several compelling factors contributing to this positive outlook. At the core of this optimism is the DXY's position within an ascending channel, providing a clear pathway for bullish continuation as price movements typically follow higher highs and higher lows within such channels.
Friday 15th September 2023: Technical Outlook and Review
DXY: The DXY (US Dollar Index) chart currently exhibits a bearish […]
Thursday 14th September 2023: Technical Outlook and Review
The DXY (US Dollar Index) chart currently reflects a neutral overall momentum, indicating a lack of a clear bullish or bearish bias. There's a potential scenario where the price may oscillate within a range, fluctuating between the 1st support and 1st resistance levels.
Wednesday 13th September 2023: Technical Outlook and Review
The DXY (US Dollar Index) chart currently demonstrates a bullish momentum, indicating a potential upward trend in price movement. There's a possibility of a bullish rebound from the 1st support level at 104.41, which is an overlap support.
Tuesday 12th September 2023: Technical Outlook and Review
The current analysis of the DXY (US Dollar Index) chart indicates a prevailing bullish momentum. There is a prospect of a bullish rebound anticipated at the 1st support level at 104.41, which is characterized as an overlap support.
Monday 11th September 2023: Technical Outlook and Review
The DXY (US Dollar Index) chart currently displays a bullish overall momentum, with price situated within a bullish ascending channel. There's potential for a bullish bounce off the 1st support level at 104.65, identified as an overlap support.
Friday 8th September 2023: Technical Outlook and Review
The DXY chart presently demonstrates a bearish momentum, indicating a predisposition for further downward movement. The 1st support level at 104.53 and the 2nd support level at 103.94 are both recognized as overlap supports, underlining their significance in potentially halting price declines.
Wednesday 6th September 2023: Technical Outlook and Review
The DXY chart is currently characterized by a bullish overall momentum, indicating the potential for an upward trend in price movement.
