DXY looks to consolidate above the 94.00 yardstick on Thursday. Next on the upside emerges the resistance line near 94.80. The positive note in the dollar stays unabated on Thursday and pushes DXY to fresh 2-month peaks above 94.50 on Thursday. The continuation of this trend is expected to target the 6-month resistance line in the 94.80 region ahead of other minor hurdles at the 100-day SMA (95.59) and a Fibo level at 96.03. The bearish view on DXY is seen unchanged while below the 200-day SMA, today at 97.12. 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 GBP/USD surrenders intraday modest gains, turns flat around 1.2725 region FX Street 2 years DXY looks to consolidate above the 94.00 yardstick on Thursday. Next on the upside emerges the resistance line near 94.80. The positive note in the dollar stays unabated on Thursday and pushes DXY to fresh 2-month peaks above 94.50 on Thursday. The continuation of this trend is expected to target the 6-month resistance line in the 94.80 region ahead of other minor hurdles at the 100-day SMA (95.59) and a Fibo level at 96.03. The bearish view on DXY is seen unchanged while below the 200-day SMA, today at 97.12. 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.
