DXY is in high demand amid risk-off mode. Key resistance is seen at the 98.75/100 price levels. DXY daily chart Two weeks ago, DXY (US dollar index) suffered a dramatic selloff which was then followed by the best weekly advance since October 2008. Volatility remains above average amidst the greatest drop in US equities since 2008. DXY four-hour chart DXY is clinging to gains near the 2020 highs while trading above the main SMAs. As buyers are in control DXY is likely looking to break the 99.75/100.00 price zone. Resistance above includes the 100.50 and 101.00 levels. Support is seen near the 99.25, 98.75 and 98.00 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 Wall Street Close: White House comes to the rescue and stocks bounce FX Street 2 years DXY is in high demand amid risk-off mode. Key resistance is seen at the 98.75/100 price levels. DXY daily chart Two weeks ago, DXY (US dollar index) suffered a dramatic selloff which was then followed by the best weekly advance since October 2008. Volatility remains above average amidst the greatest drop in US equities since 2008. DXY four-hour chart DXY is clinging to gains near the 2020 highs while trading above the main SMAs. As buyers are in control DXY is likely looking to break the 99.75/100.00 price zone. Resistance above includes the 100.50 and 101.00… 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.
