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Technical Analysis
Wednesday 28nd February 2024: Technical Outlook and Review

DXY: The DXY chart currently exhibits a bearish momentum. However, price […]

By IC Markets Global

Technical Analysis
Thursday 22nd February 2024: Technical Outlook and Review

The DXY (US Dollar Index) chart currently exhibits bullish momentum, suggesting a potential bullish bounce off the 1st support level followed by a movement towards the 1st resistance.

By IC Markets Global

Technical Analysis
Wednesday 21st February 2024: Technical Outlook and Review

The DXY (US Dollar Index) chart currently exhibits bullish momentum, indicating a potential bullish bounce off the 1st support level followed by a movement towards the 1st resistance.

By IC Markets Global

Technical Analysis
Tuesday 20th February 2024: Technical Outlook and Review

For DXY, the current momentum on the chart is assessed as bullish, with several factors contributing to this outlook.

By IC Markets Global

Technical Analysis
Monday 19th February 2024: Technical Outlook and Review

The current momentum of DXY is bullish, supported by several factors, including its position above a major ascending trend line, indicating potential for further upward movement.

By IC Markets Global

Technical Analysis
Friday 16th February 2024: Technical Outlook and Review

The DXY chart currently demonstrates a bullish overall momentum. There's a potential scenario where the price may drop further to the 1st support in the short term before bouncing from there and rising to the 1st resistance.

By IC Markets Global

Technical Analysis
Thursday 15th February 2024: Technical Outlook and Review

The DXY chart currently indicates a bearish momentum, suggesting a potential continuation of the downward trend.

By IC Markets Global

Technical Analysis
Wednesday 14th February 2024: Technical Outlook and Review

The DXY chart currently exhibits a bearish momentum, indicating a potential continuation of the downward trend.

By IC Markets Global

Technical Analysis
Tuesday 13th February 2024: Technical Outlook and Review

The DXY chart currently reflects a neutral momentum, suggesting a lack of clear direction in the market. There's a possibility of price fluctuating between the 1st resistance and 1st support levels.

By IC Markets Global