FX Weekly: DXY 111.00's Decides the Week
DXY from the 110.67 close faces massive resistance throughout 111.00’s from 111.04, 111.19, 111.66 and 112.10. Above 112.10 targets middle 113.00’s then short. Failure to break...
Symbol | Exchange | Currency |
|---|
DXY from the 110.67 close faces massive resistance throughout 111.00’s from 111.04, 111.19, 111.66 and 112.10. Above 112.10 targets middle 113.00’s then short. Failure to break...
Type | 5 Min | 15 Min | Hourly | Daily | Monthly |
|---|---|---|---|---|---|
| Moving Averages | Strong Buy | Strong Buy | Strong Buy | Buy | Buy |
| Technical Indicators | Strong Buy | Strong Buy | Strong Buy | Sell | Strong Buy |
| Summary | Strong Buy | Strong Buy | Strong Buy | Neutral | Strong Buy |
Pattern | Timeframe | Reliability | Candles Ago | Candle Time | |
|---|---|---|---|---|---|
| Emerging Patterns | |||||
| Hanging Man | 30 | Current | |||
| Completed Patterns | |||||
| Three Outside Down Bearish | 1M | 2 | Oct 23 | ||
| Doji Star Bullish | 1M | 2 | Oct 23 | ||
| Engulfing Bearish | 1M | 3 | Sep 23 | ||
Time | Cur. | Imp. | Event | Actual | Forecast | Previous |
|---|---|---|---|---|---|---|
| Friday, December 8, 2023 | ||||||
| 04:30 | GBP | 3.30% | 3.60% | |||
| 15:30 | GBP | -7.90K | ||||
Bank of England(BOE) | ||
| Current Rate | 5.25% | |
| Chairman | Andrew Bailey |
| Current Rate | 2.00% | |
| Chairman | Amando M. Tetangco, Jr. |