Monday 2nd October 2023: Technical Outlook and Review
The DXY (US Dollar Index) chart is currently experiencing bullish momentum, with several factors contributing to this trend. These factors include the price being above the bullish Ichimoku cloud and within a bullish ascending channel, both of which support the bullish outlook.
IC Markets Asia Fundamental Forecast | 2 October 2023
IC Markets Asia Fundamental Forecast | 2 October 2023 What happened […]
Friday 29th September 2023: Asia-Pacific Markets Rally, Tokyo’s Inflation Softens, and U.S. Stocks Surge
Global Markets: News & Data: Markets Update: Asia-Pacific markets closed the […]
Friday 29th September 2023: Technical Outlook and Review
The DXY chart is currently exhibiting bullish momentum, with its position above the bullish Ichimoku cloud suggesting further bullish activity. In the short term, the price may decline to the 1st support at 105.41, an overlap support reinforced by a 23.60% Fibonacci Retracement, before experiencing a bounce towards the 1st resistance at 106.76.
IC Markets Europe Fundamental Forecast | 29 September 2023
IC Markets Europe Fundamental Forecast | 29 September 2023 What happened […]
IC Markets Asia Fundamental Forecast | 29 September 2023
IC Markets Asia Fundamental Forecast | 29 September 2023 What happened […]
Thursday 28th September 2023: Asia-Pacific and U.S. Markets React to Rising Yields and Oil Prices
Global Markets: News & Data: Markets Update: Asia-Pacific markets largely fell […]
IC Markets Europe Fundamental Forecast | 28 September 2023
IC Markets Europe Fundamental Forecast | 28 September 2023 What happened […]
Thursday 28th September 2023: Technical Outlook and Review
The DXY chart currently exhibits a bullish momentum, with a potential short-term drop to the 1st support at 105.83, identified as a pullback support, before potentially rising towards the 1st resistance. The 2nd support level is at 105.40, marked as an overlap support, serving as another potential floor for prices.
