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Forex News: Daily

Technical Analysis
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

By IC Markets Global

Technical Analysis
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.

By IC Markets Global

Technical Analysis
Friday 15th September 2023: Technical Outlook and Review

DXY: The DXY (US Dollar Index) chart currently exhibits a bearish […]

By IC Markets Global

Technical Analysis
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.

By IC Markets Global

Technical Analysis
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.

By IC Markets Global

Technical Analysis
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.

By IC Markets Global

Technical Analysis
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.

By IC Markets Global

Technical Analysis
Friday 12th June: Technical Outlook and Review

USD longs made a comeback Thursday, with the DXY staging a stronger-than-expected recovery above 96.50. This firmly weighed on the euro, the largest component of the index making up almost 58%.

By IC Markets Global

Technical Analysis
Friday 21st February: Technical Outlook and Review.

Key risk events today: Eurozone Flash Manufacturing/Services PMIs; UK Flash Manufacturing […]

By IC Markets Global