Tuesday 28th May 2024: Technical Outlook and Review
Recognized as an overlap support, indicating a historical level where buying interest has emerged, potentially acting as a level of support for price movement.
Monday 27th May 2024: Technical Outlook and Review
Identified as an overlap resistance, coinciding with the 38.20% Fibonacci Retracement, indicating a significant historical level where selling pressure may be present.
Friday 24th May 2024: Technical Outlook and Review
DXY (US Dollar Index): Potential Direction: Bearish Overall momentum of the […]
Thursday 23rd May 2024: Technical Outlook and Review
DXY (US Dollar Index): Potential Direction: Bearish Overall momentum of the […]
Tuesday 21st May 2024: Technical Outlook and Review
Identified as a pullback resistance with confluence from the 38.20% Fibonacci Retracement, suggesting a level where selling pressure may intensify, potentially leading to a bearish reaction.
Monday 20th May 2024: Technical Outlook and Review
DXY (US Dollar Index): Potential Direction: Bearish Overall momentum of the […]
Friday 17th May 2024: Technical Outlook and Review
Identified as a pullback support, with confluence from the 50% and 38.20% Fibonacci Retracement levels, indicating a significant area where selling pressure may intensify, potentially leading to a bearish reaction.
Thursday 16th May 2024: Technical Outlook and Review
DXY (US Dollar Index): Potential Direction: BullishOverall momentum of the chart: […]
Wednesday 15th May 2024: Technical Outlook and Review
An overlap resistance is identified at this level, suggesting a significant area of potential selling pressure.
