DXY remains well under pressure around the 93.00 mark. Further south emerges the YTD lows in the mid-92.00s. DXY is adding to last week’s bearish note and is challenging the key support around 93.00 at the time of writing. Solid resistance is located in the 94.00 region so far and the inability of the index to surpass this area – ideally in the short-term – should open the door to the resumption of the bearish trend. That said, next on the downside emerges the so far 2020 lows in the mid-92.00s (August 6). The offered stance in the dollar is expected to remain unchanged while below the 200-day SMA, today at 97.78. 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 S&P 500 Index: Risk for a correction lower ahead record high at 3394 – Credit Suisse FX Street 2 years DXY remains well under pressure around the 93.00 mark. Further south emerges the YTD lows in the mid-92.00s. DXY is adding to last week’s bearish note and is challenging the key support around 93.00 at the time of writing. Solid resistance is located in the 94.00 region so far and the inability of the index to surpass this area – ideally in the short-term – should open the door to the resumption of the bearish trend. That said, next on the downside emerges the so far 2020 lows in the mid-92.00s (August 6). The offered stance in the dollar is… 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.
