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IC Markets Europe Fundamental Forecast | 19 May 2023

IC Markets Europe Fundamental Forecast | 19 May 2023 What happened […]

By IC Markets

Technical Analysis
Friday 19th May 2023: Technical Outlook and Review

The current momentum of the DXY chart is best described as weak bullish, although there is a level of uncertainty surrounding this assessment. It is important to emphasize that this analysis is based on the available data and indicators at this time.

By IC Markets

Recent
IC Markets Asia Fundamental Forecast | 19 May 2023

IC Markets Asia Fundamental Forecast | 19 May 2023 What happened […]

By IC Markets

Recent
IC Markets Europe Fundamental Forecast | 18 May 2023

IC Markets Europe Fundamental Forecast | 18 May 2023 What happened […]

By IC Markets

Technical Analysis
Thursday 18th May 2023: Technical Outlook and Review

The DXY (US Dollar Index) chart currently indicates bearish momentum, suggesting the potential for further downward movement. In the near term, there is a possibility of a bearish continuation towards the first support level at 102.24. This level is recognized as an overlap support and coincides with a 38.20% Fibonacci retracement, enhancing its significance.

By IC Markets

Recent
IC Markets Asia Fundamental Forecast | 18 May 2023

IC Markets Asia Fundamental Forecast | 18 May 2023 What happened […]

By IC Markets

Recent
IC Markets Europe Fundamental Forecast | 17 May 2023

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

By IC Markets

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