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  • World Bank Slashes Global Growth Forecasts

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    After DXY support at 99 points were damaged on Tuesday due to powerful risk-on move, the currency continues to cede ground on Wednesday.

  • Trump Cancels WHO Funding Over China Claims

    Over a Presidency which has been headlined by controversy and scandal, Trump has once again thrust himself into the limelight for all the wrong reasons. Just a couple of months after his impeachment acquittal, Trump has made headlines this week firstly for a heated televised press conference in which he openly attacked and insulted members […]

  • DXY reversed from resistance, potential drop!

    DXY reversed off its resistance at 98.71 where it could potentially drop further to 98.19. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • DXY to climb from downside confirmation, potential bounce!

    DXY to climb from its downside confirmation at 98.19 where it could potentially bounce further to 98.71. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • DXY bounced from upside confirmation, potential for a further rise!

    DXY bounced off its upside confirmation at 98.71 where it could potentially rise further to 99.09. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • DXY reversed from resistance, potential drop!

    DXY reversed off its resistance at 98.27 where it could potentially drop further to 97.75. 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 98.70 where it could potentially react off and drop down to 1st support at 98.19. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • DXY to climb from upside confirmation, potential bounce!

    DXY to climb from its upside confirmation at 98.70 where it could potentially bounce further to 99.31. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • DXY to climb from upside confirmation, potential bounce!

    DXY to climb from its upside confirmation at 98.50 where it could potentially bounce further to 99.31. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • DXY to climb from upside confirmation, potential bounce!

    DXY to climb from its upside confirmation at 98.54 where it could potentially bounce further to 99.31. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • DXY to climb from upside confirmation, potential bounce!

    DXY to climb from its upside confirmation at 98.54 where it could potentially bounce further to 99.31. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • Summary

    DXY reacted off resistance perfectly, dropping to our support target.

  • DXY to climb from upside confirmation, potential bounce!

    DXY to climb from its upside confirmation at 98.46 where it could potentially bounce further to 99.31. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.