
DXY Technical Analysis: Testing Key Support Level
DXY analysis: Testing key support at 99.05. Key levels, trading scenarios, and technical insights.
DXY analysis: Testing key support at 99.05. Key levels, trading scenarios, and technical insights.
The ESP35 index is at a critical technical juncture. After a strong rally and subsequent correction, the price bounced off the 200-period WMA and is now challenging the 50-period WMA as resistance. This analysis explores key levels and potential scenarios.
The DAX40 is at a critical technical juncture, testing key support around 23860 as its RSI approaches oversold conditions.
The ESP35 index retraced to the 23.6% Fibonacci level at 14,230 following resistance near 14,407. With RSI dipping to 33, short‑term oversold conditions emerge—but bulls must hold 14,230 to prevent a deeper slide toward 14,105 or 14,025.
HSI50 continues to trade just under the 25,000 resistance after surging earlier this week. A shallow pullback toward 24,768 remains possible, but rising moving averages and elevated RSI suggest bullish control persists for now. Watch for breakout or rejection signals
SMI20 has rebounded from the 11,886 zone, climbing back to test the 61.8% Fibonacci resistance at 11,926. With RSI momentum turning higher and price holding above short-term averages, bulls are eyeing a breakout toward the 11,970 and 12,005 resistance zones.
DAX40 drops sharply from the 24,170 peak, retracing to the 61.8% Fibonacci level at 23,760. Buyers have re-entered near this key support, though overall momentum remains fragile. A rebound toward 23,970 and 24,010 remains possible if support holds, while a
The US Dollar Index (DXY) has completed a full retracement from its prior June rally, testing the 100% Fibonacci extension level near 96.45. Technical momentum remains weak, but short-term stabilization may emerge as RSI flirts with oversold. Traders eye a
ESP35 confirms breakdown below 13,887 (61.8% Fib) after heavy selling. RSI signals building bearish momentum, with focus shifting to 13,826 and 13,703 key supports.
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