Menu

Search

  |   Technicals

Menu

  |   Technicals

Search

DXY: Daily Outlook

DXY recovered sharply more than 80pips from the low of 94.78 after hawkish Fed minutes. The index hits high of 95.78 and shown a minor decline till 95.49. it is currently trading around 95.51.

 

The index is facing strong trend line resistance at 95.95 (trend line joining 96.698 and 96.12) and any convincing break above confirms further bullishness. Any break above targets 97.

 

On the lower side, near term support is around 95.40 and any violation below targets 95/94.67 (89- day EMA).

 

It is good to buy on dips around 95.45-50 with SL around 94.95 for the TP of 97.

  • ET PRO
  • Market Data

Market-moving news and views, 24 hours a day >

November 16 21:00 UTC Released

UST Flows,Incl.Swaps

Actual

16.7 Bln USD

Forecast

Previous

111.5 Bln USD

November 16 21:00 UTC Released

USOverall Net Capital Flows

Actual

-29.1 Bln USD

Forecast

Previous

108.2 Bln USD

January 31 00:00 UTC 417741417741m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 417741417741m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 429561429561m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 417741417741m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 429561429561m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 417741417741m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 417741417741m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 417741417741m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.