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Market Analysis

Technical Analysis
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.

By IC Markets

Recent
IC Markets Asia Fundamental Forecast | 17 May 2023

IC Markets Asia Fundamental Forecast | 17 May 2023 What happened […]

By IC Markets

Recent
IC Markets Europe Fundamental Forecast | 16 May 2023

IC Markets Europe Fundamental Forecast | 16 May 2023 What happened […]

By IC Markets

Technical Analysis
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.

By IC Markets

Recent
IC Markets Asia Fundamental Forecast | 16 May 2023

IC Markets Asia Fundamental Forecast | 16 May 2023 What happened […]

By IC Markets

Recent
IC Markets Europe Fundamental Forecast | 15 May 2023

IC Markets Europe Fundamental Forecast | 15 May 2023 What happened […]

By IC Markets

Recent
IC Markets Asia Fundamental Forecast | 15 May 2023

IC Markets Asia Fundamental Forecast | 15 May 2023 What happened […]

By IC Markets

Recent
Thursday 18th May 2023: Advanced Asian stocks help ease fear of possible US debt 

Global Markets: News & Data: Markets Update: Asian stocks advanced on […]

By IC Markets

Technical Analysis
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.

By IC Markets