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DeepNewz, mobile.
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$DXY daily. With continued technical relative strength across many timeframes https://t.co/yhSIWNnwT0 https://t.co/bK1bBhz21g
#DXY is forming a top/ Lower High on the 1.5-year Channel Up pattern, which resembles the October 2023 Lower High. Having also formed after a 1D Golden Cross and on a declining 1W RSI, we expect a similar decline to at least the 0.786 Fibonacci level. Target 102.000. Full… https://t.co/gtPPS88MQa
El DXY se acerca nuevamente a los máximos de 2024. https://t.co/XckamLUgmr
The U.S. Dollar Index ($DXY) is on track to reach its highest level in two years, having gained for five consecutive sessions as of December 12, 2024. Analysts have noted that the index is approaching its sixth consecutive day of gains, marking its longest winning streak since early October. The index has shown technical strength across multiple timeframes, with some predictions indicating a potential target of 102.000. Recent movements suggest that the index is forming a top pattern, which may lead to a decline similar to previous trends observed in October 2023.
