Monday 10th July 2023: Technical Outlook and Review
The DXY (US Dollar Index) chart currently demonstrates a bearish momentum, indicating a downward bias in the market. This is supported by the price being below a major descending trend line, which suggests the potential continuation of the bearish trend.
IC Markets Asia Fundamental Forecast | 10 July 2023
IC Markets Asia Fundamental Forecast | 10 July 2023 What happened […]
Friday 7th July 2023: Asia-Pacific Markets Decline on Strong US Jobs Data as Oil and Precious Metals Hold Steady
Global Markets: News & Data: Markets Update: Markets in the Asia-Pacific […]
IC Markets Europe Fundamental Forecast | 7 July 2023
IC Markets Europe Fundamental Forecast | 7 July 2023 What happened […]
Friday 7th July 2023: Technical Outlook and Review
The DXY chart indicates a prevailing bearish momentum, implying a likelihood of further downward movement in the market. The price has the potential for a bearish continuation, targeting the 1st support level located at 102.75.
IC Markets Asia Fundamental Forecast | 7 July 2023
IC Markets Asia Fundamental Forecast | 7 July 2023 What happened […]
Thursday 6th July 2023: Asia-Pacific Markets Suffer Sharp Losses as Fed Divisions Amplify Volatility
Global Markets: News & Data: Markets Update: Asia-Pacific markets saw significant […]
IC Markets Europe Fundamental Forecast | 6 July 2023
IC Markets Europe Fundamental Forecast | 6 July 2023 What happened […]
Thursday 6th July 2023: Technical Outlook and Review
The DXY (U.S. Dollar Index) chart demonstrates a bullish momentum, with price above a major ascending trendline and the bullish Ichimoku cloud. There is potential for the price to drop further towards the 1st support level in the short term before bouncing and rising towards the 1st resistance level.
