US Dollar Index (DXY) starts the week little changed unable to overcome the 100.00 figure. Support is seen at 99.60 while the major hurdle to the upside is the 100.00 resistance. DXY daily chart The US Dollar Index (DXY) is starting the week with an attempt to retake the 100.00 mark and the 50 SMA. However, Monday’s bulls’ effort has not been successful so far in breaking above the mentioned level. DXY four-hour chart DXY bounced from the monthly lows while challenging the main SMAs on the four-hour chart. Buyers need a daily close above the 100.00 psychological mark for a possible run to the 100.30/50 resistance zone. However, looking down, market players will be on the lookout for a sustained breakdown below the 99.60 level for a potential retest of the 99.00 figure. 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 China’s Deputies brainstorm support for businesses – Global Times FX Street 3 years US Dollar Index (DXY) starts the week little changed unable to overcome the 100.00 figure. Support is seen at 99.60 while the major hurdle to the upside is the 100.00 resistance. DXY daily chart The US Dollar Index (DXY) is starting the week with an attempt to retake the 100.00 mark and the 50 SMA. However, Monday’s bulls’ effort has not been successful so far in breaking above the mentioned level. DXY four-hour chart DXY bounced from the monthly lows while challenging the main SMAs on the four-hour chart. Buyers need a daily close above… 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.
