DXY keeps consolidating near the 100.50 area on Monday. A surpass of this region should put 101.00 back on the radar. DXY keeps navigating the upper end of the monthly range near 100.50, although a break above this region still remains elusive. In this area converge May tops and a Fibo retracement (of the 2017-2018 drop). A clear breakout of this key hurdle is expected to pave the way for another visit to the April peaks in the 101.00 neighbourhood. On the broader picture, the 200-day SMA – today at 98.45 – continues to underpin the constructive outlook in the dollar for the time being. 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 USD/JPY trades at fresh session highs near 107.30 in quiet day FX Street 2 years DXY keeps consolidating near the 100.50 area on Monday. A surpass of this region should put 101.00 back on the radar. DXY keeps navigating the upper end of the monthly range near 100.50, although a break above this region still remains elusive. In this area converge May tops and a Fibo retracement (of the 2017-2018 drop). A clear breakout of this key hurdle is expected to pave the way for another visit to the April peaks in the 101.00 neighbourhood. On the broader picture, the 200-day SMA – today at 98.45 – continues to underpin the constructive outlook in the… 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.
