DXY is losing further momentum and challenges the 100.00 barrier. Immediately to the downside emerges the 99.90 region. DXY is trading on the defensive on Tuesday. In fact, the index has eroded Monday’s gains and is facing moderate selling pressure in the proximity of the 100.00 mark. If sellers regain the upper hand, then the next target of relevance emerges at the February’s peak at 99.91. If cleared, a dip to late-March lows near 98.30 should return to the radar ahead of the key 200-day SMA, today at 98.11. So far, the constructive stance on the buck remains unchanged as long as the 200-day SMA holds the downside. DXY daily chart 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 WTI stays relatively calm near $27 as markets wait for fresh clues on output cuts FX Street 2 years DXY is losing further momentum and challenges the 100.00 barrier. Immediately to the downside emerges the 99.90 region. DXY is trading on the defensive on Tuesday. In fact, the index has eroded Monday’s gains and is facing moderate selling pressure in the proximity of the 100.00 mark. If sellers regain the upper hand, then the next target of relevance emerges at the February’s peak at 99.91. If cleared, a dip to late-March lows near 98.30 should return to the radar ahead of the key 200-day SMA, today at 98.11. So far, the constructive stance on the buck remains unchanged as… 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.
