DXY surges to highest since February 2017 on de-leveraging. The level to beat for bulls is the 102.00 figure. DXY weekly chart DXY (US dollar index) is trading at its highest since March 2017 as the greenback is benefitting from an exceptional buying wave as massive de-leveraging is triggering a run into the US dollar. DXY daily chart Only two weeks back, DXY sold off which was then followed by the best weekly advance since October 2008. DXY four-hour chart The bullish trend remains intact as the market is trading above the main SMAs. Bulls will be looking for a break above the 102.00 figure which could introduce scope to the 103.00 and 104.00 handles over the coming days/weeks. Support can be seen near the 100.50, 100.00 and 99.50 levels on the way down. 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 US Treasury Sec. Mnuchin floats cash for families, airlines in $1.3 trillion plan – Bloomberg FX Street 2 years DXY surges to highest since February 2017 on de-leveraging. The level to beat for bulls is the 102.00 figure. DXY weekly chart DXY (US dollar index) is trading at its highest since March 2017 as the greenback is benefitting from an exceptional buying wave as massive de-leveraging is triggering a run into the US dollar. DXY daily chart Only two weeks back, DXY sold off which was then followed by the best weekly advance since October 2008. DXY four-hour chart The bullish trend remains intact as the market is trading above the main SMAs.… 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.
