US dollar index (DXY) recouped some of the losses incurred last week. The level to beat for buyers is the 101.00 resistance. DXY weekly chart DXY is trading in a bull trend above the main weekly SMAs on the weekly chart as this week the market recouped some of the losses incurred last week. DXY four-hour chart DXY gained steam until the end of the week where it is now trading above the 100.50 level and the main SMAs suggesting bullish momentum in the medium term. Buyers are likely looking for a continuation to the upside with the 101.00 handle as first hurdle followed by 101.50 en route to 103.00, the 2020 tops. On the flip side, support would be expected near the 101.50, 101.00 and 99.50 levels on any dips. 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 Bitcoin CoT data the shows the markets have turned long FX Street 2 years US dollar index (DXY) recouped some of the losses incurred last week. The level to beat for buyers is the 101.00 resistance. DXY weekly chart DXY is trading in a bull trend above the main weekly SMAs on the weekly chart as this week the market recouped some of the losses incurred last week. DXY four-hour chart DXY gained steam until the end of the week where it is now trading above the 100.50 level and the main SMAs suggesting bullish momentum in the medium term. Buyers are likely looking for a continuation to the upside with… 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.
