The index has left the selling bias seen in the last couple of sessions and has now started the week on a strong footing amidst a rebound in the risk-off sentiment. As long as DXY trades above the short-term support line, today at 95.66, a move higher remains well on the cards with immediate target at last week’s interim tops in the 96.10/15 band. A break above this hurdle should accelerate the upside momentum and attempt to reach YTD tops just below 97.00 the figure (August 15). Adding to the positive outlook, the index returns to trade above the daily cloud. DXY daily chart Dollar Index Spot Overview: Last Price: 95.93 Daily change: 28 pips Daily change: 0.293% Daily Open: 95.65 Trends: Daily SMA20: 94.88 Daily SMA50: 95.17 Daily SMA100: 94.79 Daily SMA200: 92.68 Levels: Daily High: 95.95 Daily Low: 95.52 Weekly High: 96.13 Weekly Low: 95 Monthly High: 96.13 Monthly Low: 93.81 Daily Fibonacci 38.2%: 95.68 Daily Fibonacci 61.8%: 95.79 Daily Pivot Point S1: 95.46 Daily Pivot Point S2: 95.28 Daily Pivot Point S3: 95.03 Daily Pivot Point R1: 95.89 Daily Pivot Point R2: 96.14 Daily Pivot Point R3: 96.32 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 USD/JPY finds support near 113 handle, stays in red around 113.20 FX Street 4 years The index has left the selling bias seen in the last couple of sessions and has now started the week on a strong footing amidst a rebound in the risk-off sentiment. As long as DXY trades above the short-term support line, today at 95.66, a move higher remains well on the cards with immediate target at last week's interim tops in the 96.10/15 band. A break above this hurdle should accelerate the upside momentum and attempt to reach YTD tops just below 97.00 the figure (August 15). Adding to the positive outlook, the index returns to trade above the daily… 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.
