Thursday 18th January 2024: Technical Outlook and Review
The DXY (US Dollar Index) chart currently exhibits an overall bullish momentum. However, there is a potential scenario for price to drop towards the 1st support before resuming the uptrend.
Wednesday 17th January 2024: Technical Outlook and Review
The DXY (US Dollar Index) chart currently exhibits an overall bullish momentum. In this context, there is a potential scenario for price to make a bullish continuation towards the 1st resistance.
Tuesday 16th January 2024: Technical Outlook and Review
The DXY (US Dollar Index) chart currently exhibits a neutral overall momentum, suggesting a lack of a clear directional bias in the US Dollar.
Monday 15th January 2024: Technical Outlook and Review
The DXY (US Dollar Index) chart currently exhibits a bearish overall momentum, indicating weakness in the US Dollar.
Friday 12th January 2024: Technical Outlook and Review
The DXY (US Dollar Index) chart currently demonstrates a bearish overall momentum, indicating a weaker stance for the US Dollar.
Thursday 11th January 2024: Technical Outlook and Review
The DXY chart currently exhibits a bearish overall momentum, indicating a weakened US Dollar. In this scenario, there's potential for a bearish continuation towards the 1st support level.
Wednesday 10th January 2024: Technical Outlook and Review
The DXY (US Dollar Index) chart currently shows a neutral overall momentum, suggesting a lack of strong directional bias in the US Dollar.
Tuesday 9th January 2024: Technical Outlook and Review
The DXY (US Dollar Index) chart currently displays an overall bearish momentum which is highlighted by the bearish channel.
Monday 8th January 2024: Technical Outlook and Review
The DXY (US Dollar Index) chart currently exhibits a bearish overall momentum, and this is supported by the fact that the price is contained within a bearish descending channel.
