DXY is ending the week with a slump to the 98.00 handle. The next relevant support is seen at the 97.80 level. DXY daily chart DXY (US Dollar Index) is trading in a bull trend above the main daily simple moving averages (DMAs). This Friday the Greenback declined to its lowest in five-days. DXY 4-hour chart DXY is trading below the 50 and 200 SMAs, suggesting a bearish bias in the medium term. A break below the 98.00 handle can lead to further weakness to the 97.80 support level. DXY 30-minute chart DXY is down for the second consecutive day while trading below its main SMAs. The bias is currently bearish in the short term and resistances are seen at the 98.00, 98.10 and 98.20 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 US industrial output plunged again in October – ING FX Street 3 years DXY is ending the week with a slump to the 98.00 handle. The next relevant support is seen at the 97.80 level. DXY daily chart DXY (US Dollar Index) is trading in a bull trend above the main daily simple moving averages (DMAs). This Friday the Greenback declined to its lowest in five-days. DXY 4-hour chart DXY is trading below the 50 and 200 SMAs, suggesting a bearish bias in the medium term. A break below the 98.00 handle can lead to further weakness to the 97.80 support level. DXY 30-minute 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.
