DXY consolidates gains after an exceptional spike up. The level to beat for buyers is the 103.00 figure. DXY weekly chart DXY (US dollar index) is trading at its highest point since January 2017 as the greenback is benefitting from above-average buying interest as huge de-leveraging is leading to a run into the US dollar. DXY daily chart DXY is consolidating the massive spike up while trading near weekly highs. DXY four-hour chart The uptrend stays intact as DXY is trading above the main SMAs. Buyers will be looking for a break above the 103.00 resistance which could introduce scope to the 104.00 and 105.00 figures in the coming days or weeks. Support can be seen near the 102.00, 101.50 and 100 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 WHO’s Tedros: Young people are not invincible against coronavirus FX Street 2 years DXY consolidates gains after an exceptional spike up. The level to beat for buyers is the 103.00 figure. DXY weekly chart DXY (US dollar index) is trading at its highest point since January 2017 as the greenback is benefitting from above-average buying interest as huge de-leveraging is leading to a run into the US dollar. DXY daily chart DXY is consolidating the massive spike up while trading near weekly highs. DXY four-hour chart The uptrend stays intact as DXY is trading above the main SMAs. Buyers will be looking for a break above the… 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.
