DXY clinched fresh 2020 highs beyond 98.30 during early trade. Further north emerges the November’s peak at 98.54. The rally in DXY stays everything but abated on Thursday, managing to record new yearly highs in the 98.30/35 band earlier in the session. Following the breakout of the 200-day SMA around 97.70, the index is now navigating the area above the 98.00 mark and has shifted the focus to 98.54, November 2019 peak. While above the 200-day SMA, the dollar’s outlook should remain constructive. 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 Philippines: BSP cuts RRP to 3.75% – ANZ FX Street 2 years DXY clinched fresh 2020 highs beyond 98.30 during early trade. Further north emerges the November’s peak at 98.54. The rally in DXY stays everything but abated on Thursday, managing to record new yearly highs in the 98.30/35 band earlier in the session. Following the breakout of the 200-day SMA around 97.70, the index is now navigating the area above the 98.00 mark and has shifted the focus to 98.54, November 2019 peak. While above the 200-day SMA, the dollar’s outlook should remain constructive. DXY daily chart 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.
