The 100SMA and 200SMA have produced a bullish crossover for the first time since 2001, the monthly chart of the dollar index (DXY) shows. The long-term MA crossovers are widely considered as lagging indicators and tend to work as contrary indicators in the short-term. Meanwhile, on the hourly chart, the DXY has built a base around 95.00 for a convincing move toward the immediate resistance of 95.74 (September high). The hourly RSI is also aligned in a more bull friendly manner. Hourly Chart Spot Rate: 95.32 Daily High: 95.34 Daily Low: 95.26 Trend: Bullish Resistance R1: 95.37 (previous day’s high) R2: 95.74 (Sept. 4 high) R3: 96.98 (Aug. 14 high) Support S1: 95.00 (previous day’s low) S2: 94.70 (100-day moving average) S3: 94.43 (Aug. 28 low) FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Australia expects resource exports to hit record $182 billion in 2018-2019 – Reuters News FX Street 4 years The 100SMA and 200SMA have produced a bullish crossover for the first time since 2001, the monthly chart of the dollar index (DXY) shows. The long-term MA crossovers are widely considered as lagging indicators and tend to work as contrary indicators in the short-term. Meanwhile, on the hourly chart, the DXY has built a base around 95.00 for a convincing move toward the immediate resistance of 95.74 (September high). The hourly RSI is also aligned in a more bull friendly manner. Hourly Chart Spot Rate: 95.32 Daily High: 95.34 Daily Low: 95.26 Trend: Bullish Resistance R1: 95.37 (previous day's high)… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
