US dollar index (DXY) consolidates its advance below the 100.00 mark. Support should emerge near the 99.50 and 99.00 price levels. The level to beat for buyers is the 100.00 level. DXY weekly chart The greenback erased parts of the gains made last week as the market trades below the 100.00 mark and stays above its main weekly SMAs suggesting that the bull trend remains intact. DXY daily chart DXY is trading in 2.5-week lows as the market pulls back down slightly while still maintaining a bullish momentum above the main daily SMAs. DXY four-hour chart DXY slipped below the 100 mark and below its 50/100 SMAs on the four-hour chart but still above the 200 SMA suggesting that the uptrend remains intact. The index is finding support near the 99.50 level and if bulls can rebound and regain the 100.00 figure DXY can appreciate further towards the 105.50 and 101.00 levels. Meanwhile, support is seen near the 99.00 and 98.30 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 Roger Ver almost stops mining BCH following halving FX Street 2 years US dollar index (DXY) consolidates its advance below the 100.00 mark. Support should emerge near the 99.50 and 99.00 price levels. The level to beat for buyers is the 100.00 level. DXY weekly chart The greenback erased parts of the gains made last week as the market trades below the 100.00 mark and stays above its main weekly SMAs suggesting that the bull trend remains intact. DXY daily chart DXY is trading in 2.5-week lows as the market pulls back down slightly while still maintaining a bullish momentum above the main daily SMAs. … 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.
