DXY is up for the fourth consecutive day, trading at four-month highs. Targets to the upside are seen near the 99.00 figure and 99.40 price level. DXY daily chart The US dollar index (DXY) is printing fresh 2020 highs while trading above the main simple moving averages (SMAs). DXY four-hour chart After the v-shaped recovery, DXY hit both the 98.20 and 98.50 targets on the way up. As the index is trending up, DXY is set to potentially keep moving north towards the 99.00 figure and the 99.40 level. Support is seen at the 98.20 and 97.85 price levels. 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 USD/JPY testing the commitments of the bulls at the critical 110 psychological level FX Street 2 years DXY is up for the fourth consecutive day, trading at four-month highs. Targets to the upside are seen near the 99.00 figure and 99.40 price level. DXY daily chart The US dollar index (DXY) is printing fresh 2020 highs while trading above the main simple moving averages (SMAs). DXY four-hour chart After the v-shaped recovery, DXY hit both the 98.20 and 98.50 targets on the way up. As the index is trending up, DXY is set to potentially keep moving north towards the 99.00 figure and the 99.40 level. Support is seen at the 98.20 and… 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.
