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Technical Analysis
Monday 3rd July 2023: Technical Outlook and Review

The DXY (US Dollar Index) chart exhibits a bearish momentum, indicated by the price being below a major descending trend line, suggesting the potential for further downward movement. The price is currently testing this descending trend line, which acts as a resistance.

By IC Markets Global

Recent
IC Markets Asia Fundamental Forecast | 3 July 2023

IC Markets Asia Fundamental Forecast | 3 July 2023 What happened […]

By IC Markets Global

Recent
IC Markets Europe Fundamental Forecast | 30 June 2023

IC Markets Europe Fundamental Forecast | 30 June 2023 What happened […]

By IC Markets Global

Recent
Friday 30th June 2023: Asian Markets React to US Bank Stress Test, Mixed Performance in Commodities.

Global Markets: News & Data: Markets Update:  Asian stock markets are […]

By IC Markets Global

Recent
IC Markets Europe Fundamental Forecast | 29 June 2023

IC Markets Europe Fundamental Forecast | 29 June 2023 What happened […]

By IC Markets Global

Recent
IC Markets Asia Fundamental Forecast | 30 June 2023

IC Markets Asia Fundamental Forecast | 30 June 2023 What happened […]

By IC Markets Global

Technical Analysis
Friday 30th June 2023: Technical Outlook and Review

The DXY (US Dollar Index) chart currently exhibits a neutral momentum, suggesting a lack of clear direction. There is a possibility for the price to fluctuate between the 1st support level at 103.047, which is an overlap support and coincides with the 38.2% Fibonacci Retracement.

By IC Markets Global

Recent
IC Markets Asia Fundamental Forecast | 29 June 2023

IC Markets Asia Fundamental Forecast | 29 June 2023 What happened […]

By IC Markets Global

Recent
Wednesday 28th June 2023: Asian Markets Rise on Global Cues; Gold and Oil Mixed 

Global Markets: News & Data: Markets Update: Asian stock markets traded […]

By IC Markets Global