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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

Recent
IC Markets Europe Fundamental Forecast | 12 May 2023

IC Markets Europe Fundamental Forecast | 12 May 2023 What happened […]

By IC Markets

Technical Analysis
Friday 12th May 2023: Technical Outlook and Review

Currently, the DXY is demonstrating a robust bullish momentum. Despite this, there's a possibility of a further drop to the 1st support in the short term. However, the bullish outlook suggests a potential rebound from this level, pushing the price upwards towards the 1st resistance.

By IC Markets

Recent
IC Markets Asia Fundamental Forecast | 12 May 2023

IC Markets Asia Fundamental Forecast | 12 May 2023 What happened […]

By IC Markets

Recent
Friday 12th May 2023: Japan outperforms Asia as earnings lift Nikkei; China inflation disappoints

Global Markets: News & Data: Markets Update: Asian equity markets closed […]

By IC Markets

Recent
IC Markets Europe Fundamental Forecast | 11 May 2023

IC Markets Europe Fundamental Forecast | 11 May 2023 What happened […]

By IC Markets

Technical Analysis
Thursday 11th May 2023: Technical Outlook and Review

The DXY chart is currently showing bearish momentum, with price potentially continuing its bearish trend towards the 1st support level at 101.02. This support level is a multi-swing low support, indicating that price has bounced off this level multiple times in the past.

By IC Markets

Recent
IC Markets Asia Fundamental Forecast | 11 May 2023

IC Markets Asia Fundamental Forecast | 11 May 2023 What happened […]

By IC Markets

Recent
Wednesday 10th May 2023: Gold shines as dollar dips; crude oil rises on US reserve plan

Global Markets: News & Data: Markets Update: Asian equity markets were […]

By IC Markets