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Forex News: Daily

Technical Analysis
Thursday 18th July 2024: Technical Outlook and Review

DXY (US Dollar Index): Potential Direction: BearishOverall momentum of the chart: […]

By IC Markets Global

Technical Analysis
Wednesday 17th July 2024: Technical Outlook and Review

DXY (US Dollar Index): Potential Direction: BullishOverall momentum of the chart: […]

By IC Markets Global

Technical Analysis
Tuesday 16th July 2024: Technical Outlook and Review

DXY (US Dollar Index): Potential Direction: BearishOverall momentum of the chart: […]

By IC Markets Global

Technical Analysis
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.

By IC Markets Global

Technical Analysis
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.

By IC Markets Global

Technical Analysis
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.

By IC Markets Global

Technical Analysis
Wednesday 10th July 2024: Technical Outlook and Review

DXY (US Dollar Index): Potential Direction: BearishOverall momentum of the chart: […]

By IC Markets Global

Technical Analysis
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.

By IC Markets Global

Technical Analysis
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.

By IC Markets Global