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Wednesday 18th October 2023: Technical Outlook and Review
The DXY chart currently exhibits bearish momentum, with the potential scenario of a bearish break below the 1st support level, targeting the 2nd support level.
![](https://www.icmarkets.com/blog/wp-content/uploads/2023/04/Asia-825x510.png)
IC Markets Asia Fundamental Forecast | 18 October 2023
IC Markets Asia Fundamental Forecast | 18 October 2023 What happened […]
![](https://www.icmarkets.com/blog/wp-content/uploads/2023/10/Blog-24-22.png)
Tuesday 17th October 2023: Australian Stocks Reverse Three-Day Slide, Closing Higher
Global Markets: News & Data: Markets Update: Australian stocks closed higher […]
![](https://www.icmarkets.com/blog/wp-content/uploads/2023/04/Europe-825x510.png)
IC Markets Europe Fundamental Forecast | 17 October 2023
IC Markets Europe Fundamental Forecast | 17 October 2023 What happened […]
![](https://www.icmarkets.com/blog/wp-content/uploads/2023/02/A7-1.png)
Tuesday 17th October 2023: Technical Outlook and Review
The DXY chart currently exhibits a bullish momentum, suggesting the potential for a bullish bounce off the 1st support level and a move towards the 1st resistance.
![](https://www.icmarkets.com/blog/wp-content/uploads/2023/04/Asia-825x510.png)
IC Markets Asia Fundamental Forecast | 17 October 2023
IC Markets Asia Fundamental Forecast | 17 October 2023 What happened […]
![](https://www.icmarkets.com/blog/wp-content/uploads/2023/07/Blog-24-15.png)
Monday 16th October 2023: Asia-Pacific Markets on Edge as China and Japan Await Key Data Releases
Global Markets: News & Data: Markets Update: Asia-Pacific markets began the […]
![](https://www.icmarkets.com/blog/wp-content/uploads/2023/04/Europe-825x510.png)
IC Markets Europe Fundamental Forecast | 16 October 2023
IC Markets Europe Fundamental Forecast | 16 October 2023 What happened […]
![](https://www.icmarkets.com/blog/wp-content/uploads/2023/04/A6.png)
Monday 16th October 2023: Technical Outlook and Review
The DXY (US Dollar Index) chart currently demonstrates bullish momentum, indicating the potential for a bullish continuation towards the 1st resistance level.