The Canadian Dollar experienced a minor retreat against the US Dollar on Friday. During the European trading session, the USD/CAD pair saw a slight increase of 0.12%, reaching 1.3559. The
DXY (US Dollar Index): Potential Direction: Bullish Overall momentum of the chart: Bullish Price could potentially make a bullish bounce-off pivot and head toward 1st resistance Pivot: 104.14 Supporting reasons:
In the most recent session within the Asian markets, there was a discernible uptick in the US Dollar's value against the Canadian Dollar, with it notably surpassing the 1.3500 threshold.
DXY (US Dollar Index): Potential Direction: Bullish Overall momentum of the chart: Bullish Price could potentially make a bullish bounce off pivot and head towards 1st resistance Pivot: 104.20 Supporting
DXY (US Dollar Index): Potential Direction: Bullish Overall momentum of the chart: Bullish Price could potentially make a: Bullish bounce off pivot and head towards 1st resistance Pivot: 104.20 Supporting
DXY: Potential Direction: Bearish Overall momentum of the chart: Bullish Price could potentially make a bearish reaction off pivot and drop to 1st support Pivot: 104.60 Supporting reasons: Acts as
DXY: Potential Direction: Bullish Overall momentum of the chart: Bullish Price could potentially make a Bullish bounce off pivot and head towards 1st resistance Pivot: 104.16 Supporting reasons: Acts as
DXY: Potential Direction: Bearish Overall momentum of the chart: Neutral Price could potentially make a bearish reaction off pivot and drop to 1st support Pivot: 104.94Supporting reasons: This level acts
DXY: 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. The pivot
DXY: For DXY, the potential direction is bearish, despite the overall bullish momentum of the chart. There’s a chance of a bearish reaction off the pivot level, leading to a