Wednesday 17th May 2023: Technical Outlook and Review
In the context of the DXY, we're witnessing a weak bullish momentum with low confidence. This suggests a potential bullish continuation towards the 1st resistance, although we should be cautious due to the low confidence in the momentum.
IC Markets Asia Fundamental Forecast | 17 May 2023
IC Markets Asia Fundamental Forecast | 17 May 2023 What happened […]
IC Markets Europe Fundamental Forecast | 16 May 2023
IC Markets Europe Fundamental Forecast | 16 May 2023 What happened […]
Tuesday 16th May 2023: Technical Outlook and Review
The Dollar Index (DXY) is currently observing a significant bullish momentum, suggesting a potential continued upward movement. The bullish tendency could potentially lead the price to bounce off the first support and head towards the first resistance.
IC Markets Asia Fundamental Forecast | 16 May 2023
IC Markets Asia Fundamental Forecast | 16 May 2023 What happened […]
IC Markets Europe Fundamental Forecast | 15 May 2023
IC Markets Europe Fundamental Forecast | 15 May 2023 What happened […]
IC Markets Asia Fundamental Forecast | 15 May 2023
IC Markets Asia Fundamental Forecast | 15 May 2023 What happened […]
Thursday 18th May 2023: Advanced Asian stocks help ease fear of possible US debt
Global Markets: News & Data: Markets Update: Asian stocks advanced on […]
Monday 15th May 2023: Technical Outlook and Review
The price is supported at the first support level of 100.90. This level has served as a multi-swing low support, indicating its significance in the price structure of DXY. A bounce from this support could steer the price towards the first resistance level.