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Recent
IC Markets Asia Fundamental Forecast | 19 May 2023

IC Markets Asia Fundamental Forecast | 19 May 2023 What happened […]

By IC Markets Global

Recent
IC Markets Europe Fundamental Forecast | 18 May 2023

IC Markets Europe Fundamental Forecast | 18 May 2023 What happened […]

By IC Markets Global

Technical Analysis
Thursday 18th May 2023: Technical Outlook and Review

The DXY (US Dollar Index) chart currently indicates bearish momentum, suggesting the potential for further downward movement. In the near term, there is a possibility of a bearish continuation towards the first support level at 102.24. This level is recognized as an overlap support and coincides with a 38.20% Fibonacci retracement, enhancing its significance.

By IC Markets Global

Recent
IC Markets Asia Fundamental Forecast | 18 May 2023

IC Markets Asia Fundamental Forecast | 18 May 2023 What happened […]

By IC Markets Global

Recent
IC Markets Europe Fundamental Forecast | 17 May 2023

IC Markets Europe Fundamental Forecast | 17 May 2023 What happened […]

By IC Markets Global

Technical Analysis
Wednesday 17th May 2023: Technical Outlook and Review

In the context of the DXY, we're witnessing a weak bullish momentum with low confidence. This suggests a potential bullish continuation towards the 1st resistance, although we should be cautious due to the low confidence in the momentum.

By IC Markets Global

Recent
IC Markets Asia Fundamental Forecast | 17 May 2023

IC Markets Asia Fundamental Forecast | 17 May 2023 What happened […]

By IC Markets Global

Recent
IC Markets Europe Fundamental Forecast | 16 May 2023

IC Markets Europe Fundamental Forecast | 16 May 2023 What happened […]

By IC Markets Global

Technical Analysis
Tuesday 16th May 2023: Technical Outlook and Review

The Dollar Index (DXY) is currently observing a significant bullish momentum, suggesting a potential continued upward movement. The bullish tendency could potentially lead the price to bounce off the first support and head towards the first resistance.

By IC Markets Global