DXY is grinding higher on the first day of the week. The level to beat for buyers is the 98.50 price level. DXY daily chart DXY (US Dollar Index) is trading in an uptrend above the main daily simple moving averages (DMAs). This Monday, DXY is trading mixed hanging near the November highs. The market is nearing an important resistance at the 98.50 level. DXY 4-hour chart DXY is evolving above the main SMAs, suggesting a bullish bias in the medium term. If the buyers overcome the 98.50 level, the market is set to accelerate towards the 99.20 level and possibly to the 99.67 level (2019 high). DXY 30-minute chart The index is trading above the main SMAs, suggesting a bullish bias in the near term. Support is seen at the 98.20 and 98.00 price levels. Additional key levels 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 extends losses under 0.8550, eyes November’s low FX Street 3 years DXY is grinding higher on the first day of the week. The level to beat for buyers is the 98.50 price level. DXY daily chart DXY (US Dollar Index) is trading in an uptrend above the main daily simple moving averages (DMAs). This Monday, DXY is trading mixed hanging near the November highs. The market is nearing an important resistance at the 98.50 level. DXY 4-hour chart DXY is evolving above the main SMAs, suggesting a bullish bias in the medium term. If the buyers overcome the 98.50 level, the market is set… 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.
