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Technical Analysis
Wednesday 31th May 2023: Technical Outlook and Review

The Dollar Index (DXY) currently shows bullish momentum with potential for a bullish breakthrough of the first resistance, possibly rising to the second resistance. The first support level is at 103.50, serving as an overlap support.

By IC Markets Global

Recent
IC Markets Asia Fundamental Forecast | 31 May 2023

IC Markets Asia Fundamental Forecast | 31 May 2023 What happened […]

By IC Markets Global

Recent
IC Markets Europe Fundamental Forecast | 30 May 2023

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

By IC Markets Global

Recent
Tuesday 30th May 2023: Asian markets seesaw in lack of global cues

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

By IC Markets Global

Technical Analysis
Tuesday 30th May 2023: Technical Outlook and Review

The DXY chart currently displays a weak bearish momentum, although with low confidence. The potential factors contributing to this momentum are the possibility of the price breaking below an ascending trendline, which could trigger a bearish continuation towards the first support level.

By IC Markets Global

Recent
IC Markets Asia Fundamental Forecast | 30 May 2023

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

By IC Markets Global

Recent
Monday 29th May 2023: Markets higher as debt ceiling deal reached

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

By IC Markets Global

Technical Analysis
Monday 29th May 2023: Technical Outlook and Review

Based on your analysis, the XAU/USD pair (Gold to US Dollar) is currently demonstrating a bullish momentum. The price being above a significant ascending trendline is a good indicator suggesting further bullish momentum could be anticipated.

By IC Markets Global

Recent
Friday 26th May 2023: Markets cheer as US debt ceiling talks progress

Global Markets: News & Data: Markets Update: Asian stocks ended Friday’s […]

By IC Markets Global