US dollar index (DXY) picks up steam on the second half of the week. The level to beat for bulls is the 100.50 level followed by the April’s highs near 101.00 figure. DXY daily chart DXY is trading above the main SMAs on the daily chart on track to end the session above the 100.00 mark. DXY four-hour chart DXY breaks above the 100.00 psychological level while trading above the main SMAs suggesting a bullish bias in the medium term. The greenback is set to retest the April’s highs near 101.00 figure if the bulls can overcome the 110.50 level on the way up. Support is seen near 100.00 but is unlikely to hold in case of a pullback down as 99.60 could emerge next in line. Additional key levels 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 Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Litecoin – American Wrap 16 April FX Street 2 years US dollar index (DXY) picks up steam on the second half of the week. The level to beat for bulls is the 100.50 level followed by the April’s highs near 101.00 figure. DXY daily chart DXY is trading above the main SMAs on the daily chart on track to end the session above the 100.00 mark. DXY four-hour chart DXY breaks above the 100.00 psychological level while trading above the main SMAs suggesting a bullish bias in the medium term. The greenback is set to retest the April’s highs near 101.00 figure if the bulls can… Top 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.
