Friday 12th May 2023: Technical Outlook and Review
Currently, the DXY is demonstrating a robust bullish momentum. Despite this, there's a possibility of a further drop to the 1st support in the short term. However, the bullish outlook suggests a potential rebound from this level, pushing the price upwards towards the 1st resistance.
IC Markets Asia Fundamental Forecast | 12 May 2023
IC Markets Asia Fundamental Forecast | 12 May 2023 What happened […]
Friday 12th May 2023: Japan outperforms Asia as earnings lift Nikkei; China inflation disappoints
Global Markets: News & Data: Markets Update: Asian equity markets closed […]
IC Markets Europe Fundamental Forecast | 11 May 2023
IC Markets Europe Fundamental Forecast | 11 May 2023 What happened […]
Thursday 11th May 2023: Technical Outlook and Review
The DXY chart is currently showing bearish momentum, with price potentially continuing its bearish trend towards the 1st support level at 101.02. This support level is a multi-swing low support, indicating that price has bounced off this level multiple times in the past.
IC Markets Asia Fundamental Forecast | 11 May 2023
IC Markets Asia Fundamental Forecast | 11 May 2023 What happened […]
Wednesday 10th May 2023: Gold shines as dollar dips; crude oil rises on US reserve plan
Global Markets: News & Data: Markets Update: Asian equity markets were […]
IC Markets Europe Fundamental Forecast | 10 May 2023
IC Markets Europe Fundamental Forecast | 10 May 2023 What happened […]
Wednesday 10th May 2023: Technical Outlook and Review
Currently, the DXY chart is seeing a multi-swing low support level at 101.02, which is a strong reason for its potential to be a good support level. Additionally, there is a swing low support level at 100.82, further reinforcing the strength of the support levels.
