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Technical Analysis

Technical Analysis
Friday 16th February 2024: Technical Outlook and Review

The DXY chart currently demonstrates a bullish overall momentum. There's a potential scenario where the price may drop further to the 1st support in the short term before bouncing from there and rising to the 1st resistance.

By IC Markets

Technical Analysis
Friday 2nd February 2024: Technical Outlook and Review

The DXY (US Dollar Index) chart currently exhibits a neutral overall momentum, suggesting a lack of a strong trend in either direction. Price could potentially fluctuate between the 1st resistance and 1st support levels.

By IC Markets

Technical Analysis
Wednesday 31st January 2024: Technical Outlook and Review

The analysis of the DXY (US Dollar Index) chart suggests a neutral overall momentum, indicating a lack of a clear trend direction at the moment.

By IC Markets

Technical Analysis
Tuesday 30th January 2024: Technical Outlook and Review

The DXY (US Dollar Currency Index) chart currently exhibits a neutral overall momentum, indicating a lack of a strong directional bias.

By IC Markets

Technical Analysis
Friday 5th January 2024: Technical Outlook and Review

DXY: The DXY (US Dollar Index) chart currently has a bearish […]

By IC Markets

Technical Analysis
Thursday 21st December 2023: Technical Outlook and Review

DXY: The DXY (US Dollar Index) chart currently shows an overall […]

By IC Markets

Technical Analysis
Tuesday 4th July 2023: Technical Outlook and Review

The BTC/USD instrument currently demonstrates a bullish momentum. The contributing factors suggest that the price could potentially continue its bullish trend towards the 1st resistance.

By IC Markets

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

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