The greenback is trading within a sideline theme so far this week, coming under increasing selling pressure after surpassing the key 98.00 handle during last week. Extra downside should meet initial support at weekly lows at 97.15. This area of contention appears reinforced by the 55-day SMA at 97.07. In the meantime, the positive outlook is poised to prevail while above the critical 200-day SMA at 96.27. 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 EUR/GBP: 2019 downtrend eroded – Commerzbank FX Street 3 years The greenback is trading within a sideline theme so far this week, coming under increasing selling pressure after surpassing the key 98.00 handle during last week. Extra downside should meet initial support at weekly lows at 97.15. This area of contention appears reinforced by the 55-day SMA at 97.07. In the meantime, the positive outlook is poised to prevail while above the critical 200-day SMA at 96.27. 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.
