DXY corrects from recent YTD peaks around 92.50. So far, the 92.00 neighbourhood offers decent contention. After climbing to fresh yearly highs in the mid-92.00s, DXY sparked a move lower to the 92.00/91.90 band. The continuation of the uptrend looks likely despite the ongoing correction, which is also seem justified on recent overbought conditions of the index. A surpass of YTD tops around 92.50 should put the 200-day SMA at 92.88 on the radar. A break above the latter should shift the outlook to a more constructive one and allow for extra gains to, initially, the November 2020 highs near 94.30 (November 2). 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 US: Unemployment rate expected at 5.3% by year-end – UOB FX Street 1 year DXY corrects from recent YTD peaks around 92.50. So far, the 92.00 neighbourhood offers decent contention. After climbing to fresh yearly highs in the mid-92.00s, DXY sparked a move lower to the 92.00/91.90 band. The continuation of the uptrend looks likely despite the ongoing correction, which is also seem justified on recent overbought conditions of the index. A surpass of YTD tops around 92.50 should put the 200-day SMA at 92.88 on the radar. A break above the latter should shift the outlook to a more constructive one and allow for extra gains to, initially, the November 2020 highs near… 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.
