Thursday 14th December 2023: Technical Outlook and Review
The DXY (US Dollar Index) chart currently shows a bearish overall momentum, indicating a downward trend in the US dollar. Price could potentially continue this bearish movement towards the 1st support level.
Wednesday 13th December 2023: Technical Outlook and Review
The DXY (US Dollar Index) chart currently has a bullish overall momentum, with price trading within a bullish ascending channel. In this scenario, price could potentially continue its bullish momentum towards the 1st resistance level.
Tuesday 12th December 2023: Technical Outlook and Review
The DXY (US Dollar Index) chart currently has a bearish overall momentum, and there's a potential scenario where price could make a bearish reaction off the 1st resistance level and drop towards the 1st support.
Monday 11th December 2023: Technical Outlook and Review
The DXY chart currently exhibits a bearish overall momentum, and there's potential for a bearish reaction off the 1st resistance level, suggesting a possible downward movement towards the 1st support.
Friday 8th December 2023: Technical Outlook and Review
The DXY chart currently shows a bearish overall momentum, indicating a potential for a bearish continuation in the price action.
Thursday 7th December 2023: Technical Outlook and Review
The DXY (US Dollar Index) chart is currently exhibiting a bearish overall momentum, and there's a possibility of a bearish reaction off the 1st resistance level, leading to a potential drop towards the 1st support.
Wednesday 6th Dec 2023: Technical Outlook and Review
The DXY (US Dollar Index) chart currently has a bearish overall momentum, and there's potential for a bearish continuation towards the 1st support level.
Tuesday 5th Dec 2023: Technical Outlook and Review
The DXY (US Dollar Index) chart currently has a bearish overall momentum. Price could potentially continue this bearish trend towards the 1st support at 103.02, which is identified as an overlap support. This level may act as a significant area where buying interest could emerge and potentially provide some support for the DXY.
Monday 4th Dec 2023: Technical Outlook and Review
The EUR/USD chart currently exhibits a bullish overall momentum, suggesting potential price action where it may experience a bullish bounce off the 1st support and move towards the 1st resistance.
