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Technical Analysis

Technical Analysis
Friday 19th January 2024: Technical Outlook and Review

The DXY (US Dollar Index) chart currently exhibits an overall bullish momentum. However, there is a potential scenario for price to drop towards the 1st support before resuming the uptrend.

By IC Markets Global

Technical Analysis
Thursday 18th January 2024: Technical Outlook and Review

The DXY (US Dollar Index) chart currently exhibits an overall bullish momentum. However, there is a potential scenario for price to drop towards the 1st support before resuming the uptrend.

By IC Markets Global

Technical Analysis
Wednesday 17th January 2024: Technical Outlook and Review

The DXY (US Dollar Index) chart currently exhibits an overall bullish momentum. In this context, there is a potential scenario for price to make a bullish continuation towards the 1st resistance.

By IC Markets Global

Technical Analysis
Tuesday 16th January 2024: Technical Outlook and Review

The DXY (US Dollar Index) chart currently exhibits a neutral overall momentum, suggesting a lack of a clear directional bias in the US Dollar.

By IC Markets Global

Technical Analysis
Monday 15th January 2024: Technical Outlook and Review

The DXY (US Dollar Index) chart currently exhibits a bearish overall momentum, indicating weakness in the US Dollar.

By IC Markets Global

Technical Analysis
Friday 12th January 2024: Technical Outlook and Review

The DXY (US Dollar Index) chart currently demonstrates a bearish overall momentum, indicating a weaker stance for the US Dollar.

By IC Markets Global

Technical Analysis
Thursday 11th January 2024: Technical Outlook and Review

The DXY chart currently exhibits a bearish overall momentum, indicating a weakened US Dollar. In this scenario, there's potential for a bearish continuation towards the 1st support level.

By IC Markets Global

Technical Analysis
Wednesday 10th January 2024: Technical Outlook and Review

The DXY (US Dollar Index) chart currently shows a neutral overall momentum, suggesting a lack of strong directional bias in the US Dollar.

By IC Markets Global

Technical Analysis
Tuesday 9th January 2024: Technical Outlook and Review

The DXY (US Dollar Index) chart currently displays an overall bearish momentum which is highlighted by the bearish channel.

By IC Markets Global