Monday 16th October 2023: Technical Outlook and Review
The DXY (US Dollar Index) chart currently demonstrates bullish momentum, indicating the potential for a bullish continuation towards the 1st resistance level.
Friday 13th October 2023: Technical Outlook and Review
The DXY chart currently exhibits a bearish overall momentum, suggesting the potential for a bearish continuation towards the 1st support level.
Thursday 12th October 2023: Technical Outlook and Review
The DXY (US Dollar Index) chart currently exhibits bullish momentum, suggesting the potential scenario of a bullish bounce off the 1st support level with a subsequent move towards the 1st resistance.
Wednesday 11th October 2023: Technical Outlook and Review
The DXY (US Dollar Index) chart currently exhibits a weak bullish momentum with a potential for price to make a bullish bounce off the 1st support level and move higher.
Tuesday 10th October 2023: Technical Outlook and Review
The DXY (US Dollar Index) chart currently exhibits an overall bearish momentum with a potential for price to make a bearish continuation towards the 1st support level.
Monday 9th October 2023: Technical Outlook and Review
The DXY (US Dollar Index) chart currently maintains an overall bullish momentum with a potential for price to bounce off the 1st support level and the lower channel line of the bullish ascending channel to make a bullish continuation towards the 1st resistance level.
Friday 6th October 2023: Technical Outlook and Review
The DXY (US Dollar Index) chart currently maintains a bearish overall momentum, and there's a potential scenario of a bearish continuation towards the 1st support level.
Thursday 5th October 2023: Technical Outlook and Review
The DXY (US Dollar Index) chart currently exhibits a bearish momentum, and there's a potential scenario of a bearish continuation towards the 1st support level at 105.68, which is considered significant as it's identified as an overlap support.
Wednesday 4th October 2023: Technical Outlook and Review
The DXY chart currently has a bearish overall momentum. There's a potential scenario of price fluctuating between the 1st resistance and 1st support levels.
