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Technical Analysis

Technical Analysis
Thursday 28th March 2024: Technical Outlook and Review

Acts as an Overlap resistance, indicating a key level where selling pressure might intensify, suggesting a pivotal spot for potential downturns in price movement.

By IC Markets Global

Technical Analysis
Wednesday 27th March 2024: Technical Outlook and Review

Identified as Multi-swing high resistance, marking a significant barrier that has previously limited upward movements, highlighting its role as a crucial threshold for price action

By IC Markets Global

Technical Analysis
Tuesday 26th March 2024: Technical Outlook and Review

Overall momentum of the chart: Bullish Price could potentially make a Bullish bounce off pivot and head towards 1st resistance

By IC Markets Global

Technical Analysis
Monday 25th March 2024: Technical Outlook and Review

DXY: Potential Direction: Bearish Overall momentum of the chart: Neutral Price […]

By IC Markets Global

Technical Analysis
Friday 22nd March 2024: Technical Outlook and Review

The dollar index (DXY) chart currently demonstrates an overall bullish momentum. In this context, there is a potential scenario for price to rise towards the pivot before potentially making a bearish reaction and pull back towards the 1st support.

By IC Markets Global

Technical Analysis
Thursday 21st March 2024 : Technical Outlook and Review

For DXY, in alignment with the overall bullish momentum of the chart, there's a potential scenario indicating a bullish bounce off the pivot level, possibly leading towards the 1st resistance.

By IC Markets Global

Technical Analysis
Wednesday 20th March 2024: Technical Outlook and Review

For DXY, aligning with the overall bullish momentum, there's potential for a bearish reaction from the pivot level, possibly leading to a drop towards the 1st support.

By IC Markets Global

Technical Analysis
Tuesday 19th March 2024: Technical Outlook and Review

DXY: For DXY (US Dollar Index), the potential direction is bearish, […]

By IC Markets Global

Technical Analysis
Monday 18th March 2024: Technical Outlook and Review

DXY: For DXY, the potential direction is bearish, despite the overall […]

By IC Markets Global

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