Wednesday 8th November 2023: Technical Analysis and Trading Signals

Wednesday 8th November 2023: Technical Analysis and Trading Signals

DXY: The DXY (US Dollar Index) chart currently exhibits a bearish overall momentum, suggesting the potential for a bearish reaction off the 1st resistance level, followed by a drop towards the 1st support level. The 1st support at 104.86 is identified as an overlap...
Wednesday 8th November 2023: Technical Analysis and Trading Signals

Tuesday 7th November 2023: Technical Analysis and Trading Signals

DXY: The DXY (US Dollar Index) chart currently has a bearish overall momentum, suggesting the potential for a bearish reaction off the 1st resistance and a drop towards the 1st support. The 1st support at 104.86 is identified as an overlap support, and it also aligns...
Wednesday 8th November 2023: Technical Analysis and Trading Signals

Monday 6th November 2023: Technical Analysis and Trading Signals

DXY: The DXY (US Dollar Index) chart currently has a bearish overall momentum, suggesting the potential for a bearish reaction off the 1st resistance level and a drop towards the 1st support. The 1st support at 104.38 is identified as an overlap support and is...
Wednesday 8th November 2023: Technical Analysis and Trading Signals

Friday 3rd November 2023: Technical Analysis and Trading Signals

DXY: The DXY (US Dollar Currency Index) chart currently has a neutral overall momentum, indicating a lack of a strong directional bias. In this situation, it’s suggested that the price could potentially fluctuate between the 1st support and 1st resistance levels. 1st...
Wednesday 8th November 2023: Technical Analysis and Trading Signals

Thursday 2nd November 2023: Technical Analysis and Trading Signals

DXY: The XAU/USD (Gold/US Dollar) chart currently exhibits a bearish overall momentum. However, there’s a potential short-term bullish scenario in which the price could bounce off the 1st support at 1977.14, which is identified as an overlap support. This bounce may...
Wednesday 8th November 2023: Technical Analysis and Trading Signals

Tuesday 31st October 2023: Technical Analysis and Trading Signals

DXY: The DXY chart currently indicates a bullish momentum, suggesting the potential for a bullish continuation towards the 1st resistance. The 1st support at 106.02 is considered significant as it aligns with an overlap support and coincides with the 61.80% Fibonacci...
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