Tuesday 16th July 2024: Technical Outlook and Review
DXY (US Dollar Index): Potential Direction: BearishOverall momentum of the chart: […]
Monday 15th July 2024: Technical Outlook and Review
Identified as a pullback support that aligns with a 61.8% Fibonacci retracement level, indicating a potential area where buying interests could pick up to stage a minor rebound.
Friday 12th July 2024: Technical Outlook and Review
Identified as a pullback resistance level, indicating a potential area where sellers could enter the market after a retracement.
Thursday 11th July 2024: Technical Outlook and Review
Identified as a pullback resistance level, specifically at the 50% Fibonacci Retracement, indicating a historical point where previous rallies have faced selling pressure or reversed.
Wednesday 10th July 2024: Technical Outlook and Review
DXY (US Dollar Index): Potential Direction: BearishOverall momentum of the chart: […]
Tuesday 9th July 2024: Technical Outlook and Review
Identified as an overlap resistance level, indicating a potential area where sellers could enter the market after a retracement.
Monday 8th July 2024: Technical Outlook and Review
Identified as an overlap support level, specifically at the 38.2% Fibonacci Retracement and 78.60% Fibonacci Projection, indicating Fibonacci confluence and a significant area where previous declines have found support.
Thursday 4th July 2024: Technical Outlook and Review
Identified as a pullback resistance level, indicating a potential area where sellers could enter the market after a retracement.
Wednesday 3rd July 2024: Technical Outlook and Review
Identified as a swing high resistance level, specifically at the 78.60% Fibonacci Retracement, indicating a potential area where sellers could enter the market after a retracement.
