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.
Thursday 15th February 2024: Technical Outlook and Review
The DXY chart currently indicates a bearish momentum, suggesting a potential continuation of the downward trend.
Wednesday 14th February 2024: Technical Outlook and Review
The DXY chart currently exhibits a bearish momentum, indicating a potential continuation of the downward trend.
Tuesday 13th February 2024: Technical Outlook and Review
The DXY chart currently reflects a neutral momentum, suggesting a lack of clear direction in the market. There's a possibility of price fluctuating between the 1st resistance and 1st support levels.
Thursday 8th February 2024: Technical Outlook and Review
The DXY chart currently indicates a bearish overall momentum, suggesting a downward trend. There's a potential for a bearish continuation towards the 1st support level.
Wednesday 7th February 2024: Technical Outlook and Reviews
The DXY chart currently exhibits a bearish overall momentum, indicating a downward trend. The price could potentially make a bearish continuation towards the 1st support.
Tuesday 6th February 2024: Technical Outlook and Review
The DXY chart currently exhibits a bearish overall momentum, indicating a downward trend. According to the analysis, the price could potentially experience a bearish reaction off the 1st resistance and drop towards the 1st support.
Monday 5th February 2024: Technical Outlook and Review
The DXY chart currently exhibits a bearish overall momentum, indicating a downward trend. According to the analysis, the price could potentially rise towards the 1st resistance in the short term before reversing off it and dropping towards the 1st support.
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.
