The US Dollar Index (DXY) attempts a shy rebound this Monday. The Greenback remains under pressure near the 200-day simple moving average (DMA). DXY daily chart The US Dollar Index (DXY) is under pressure hovering near its 200-day simple moving average (DMA). DXY four-hour chart DXY is under bearish pressure below its main SMAs as the market is trading in a bear channel. A break below 97.20 support can lead to the 96.70 support. DXY 30-minute chart DXY remains under pressure below downward sloping 100 and 200 SMAs. The bearish pressure could somewhat be alleviated if the market surpasses the 97.60 resistance. Further up lie the 98.20 resistance. 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 USD/MXN Technical analysis: Bearish bias intact as price eyes long-term uptrend line FX Street 3 years The US Dollar Index (DXY) attempts a shy rebound this Monday. The Greenback remains under pressure near the 200-day simple moving average (DMA). DXY daily chart The US Dollar Index (DXY) is under pressure hovering near its 200-day simple moving average (DMA). DXY four-hour chart DXY is under bearish pressure below its main SMAs as the market is trading in a bear channel. A break below 97.20 support can lead to the 96.70 support. DXY 30-minute chart DXY remains under pressure below downward sloping 100 and 200 SMAs.… 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.
