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IC Markets

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Founded in 2007 in Sydney, the financial center of Australia, IC Markets is one of the most prominent CFD brokers offering trading solutions for active day traders and scalpers, as well as forex beginners.
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Technical Outlook and Review

DXY The DXY (US Dollar Index) could potentially make a Bearish continuation towards the 1st support. The 1st support at 102.30 is identified as a pullback support. This suggests that it's a significant level where buying interest may emerge, providing support for the DXY. The 2nd support at 101.83 i

Technical Outlook and Review

The DXY (U.S. Dollar Index), the overall momentum of the chart is bearish, indicating a downward trend. The price could potentially continue its bearish movement towards the 1st support.

Technical Outlook and Review

The DXY (US Dollar Index) chart currently indicates a bullish momentum, suggesting a potential bullish continuation towards the first resistance at 103.99.

Technical Outlook and Review

The DXY (US Dollar Index) chart currently has a bullish overall momentum, suggesting the potential for a bullish bounce off the 1st support level, with a potential move towards the 1st resistance.

Technical Outlook and Review

The DXY chart currently has a bearish overall momentum, but there is a potential for a bullish continuation towards the 1st resistance.

Technical Outlook and Review

The DXY (US Dollar Index) chart currently displays a bearish overall momentum, suggesting the potential for a bearish reaction off the 1st resistance level, followed by a drop towards the 1st support.

Technical Outlook and Review

The DXY chart currently has a bearish overall momentum.

Technical Outlook and Review

The DXY chart currently demonstrates a bullish momentum, with the possibility of a short-term drop to the 1st support level before potentially bouncing and rising towards the 1st resistance level.

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Jan Aldrin Laruscain is a market analyst of Forexway and enthusiast in trading currencies and indices. With his degree and passion for Finance, he have devised a specific way of trading which breaks down the market through orderflow analysis with deep consideration for fundamentals. He also write and create commentaries on the latest trends about all things finance!

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7 years of stock market, foreign exchange, precious metal and other trading and analysis experience, based on fundamental, technical support, biased towards the top-down transaction logic, focusing on macro cycle and risk control, multi-purpose supply and demand theoretical prediction price Changes, balances the impact of transactions, chips distribution and market sentiment, and steady.