| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Buy | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Sell | Sell | Neutral |
| Alligator(13;8;5) | Buy | Buy | Sell |
| SAR(0.02;0.2) | Buy | Buy | Sell |
| Aggregate | ⇗ | ⇗ | ⇘ |
The dollar index, which measures the US Dollar against a basket of major currencies, has edged higher by 106 pips or 1.16% since last week's trading session.
Technical indicators flash buying signals on the 4H and daily time-frame charts. Most likely, the DXY will continue to edge higher in an ascending channel pattern during the following trading sessions.
However, the weekly R2 at 92.68 could provide resistance for the DOLLAR.IDX/USD exchange rate in the shorter term.