DXY Market Outlook | Daily Forex Market BreakdowDXY
The US dollar is going sideways for the time being. I feel we could be seeing some signs of weakness but it is still too early to tell. I will update you all if there is any changes.
Dxyviews
DXY reversed from resistance, potential drop!
DXY reversed off its resistance at 97.76 where it could potentially drop further to 96.60.
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DXY potential reversal!
DXY expected to rise up to 1st resistance at 97.43 where it could potentially react off and drop down to 1st support at 97.10.
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Losses can exceed the initial investment so please ensure you fully
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DXY bounced from support, potential for a further rise!
DXY bounced off 96.66 where it could potentially rise further to 98.71.
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Losses can exceed the initial investment so please ensure you fully
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DXY bounced from support, potential for a further rise!
DXY bounced off 96.60 where it could potentially rise further to 97.80.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
DXY Market Outlook | Daily Forex Market BreakdownDXY
After a nice push below the trend line to our previously drawn area of support with absolute perfection. We are looking a little choppy now. Going a bit sideways. DXY is at very critical levels right now. We need to keep a close watch on the dollar index. If anything changes I will let you all know.
DXY Market Outlook | Daily Forex Market BreakdownDXY
DXY playing out very nicely, after pushing up and making a double top as anticipated we rolled over and came back down to retest the trend line once more. Very interesting levels with the USD right now watching very carefully.
DXY bounced from support, potential for a further rise!
DXY bounced off 97.47 where it could potentially rise further to 98.54.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
DXY bounced from support, potential for a further rise!
DXY bounced off 97.63 where it could potentially rise further to 98.69..
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
DXY approaching support, potential for a bounce!
DXY is expected to drop to 1st support at 97.63 where it could potentially react off and up to 1st resistance at 98.69.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
DXY potential reversal!
DXY expected to rise up to 1st resistance at 98.69 where it could potentially react off and drop down to 1st support at 97.59.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
DXY Market Outlook | Daily Forex Market BreakdownNext week is going to be very VERY interesting with the DXY. Can we keep climbing? or is DXY going to roll over to the downside?
DXY potential reversal!
DXY expected to rise up to 1st resistance at 98.69 where it could potentially react off and drop down to 1st support at 97.63.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
DXY Market Outlook | Daily Forex Market BreakdownDXY
This is VERY critical. DXY is at a very interesting level right now. We need to see if USD is going to continue climbing and make a higher high OR if the Dollar is going to fail to make a higher high showing us there is Dollar weakness.
DXY potential reversal!
DXY expected to rise up to 1st resistance at 98.69 where it could potentially react off and drop down to 1st support at 97.63.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
DXY potential reversal!
DXY expected to rise up to 1st resistance at 98.69 where it could potentially react off and drop down to 1st support at 97.63.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
DXY potential reversal!
DXY expected to rise up to 1st resistance at 98.69 where it could potentially react off and drop down to 1st support at 97.63.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
DXY Market Outlook | Daily Forex Market BreakdownDXY has tapped the previously anticipated key level perfectly. It will be key to see how the market opens. Patience will be key next week!
DXY bounced from support, potential for a further rise!DXY bounced off 97.63 where it could potentially rise further to 98.54.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
DXY approaching support, potential for a further rise!
DXY approaching support at 97.63 where it could potentially rise further to 98.54.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
