DXY is stabilizing in the 97.70-98.00 price zone. The level to buyers for bulls is the 98.00 handle followed by the 98.20 and 98.40 price levels. DXY daily chart DXY (US Dollar Index) is trading in an uptrend above its 200-day simple moving average (DMA). This Thursday, the market is stabilizing in the 97.70-98.00 price zone. DXY 4-hour chart DXY is consolidating in the 97.70-98.00 zone while below the 50 and 200 SMAs. From a bullish perspective, the market would need to trade above the 98.00 handle on a daily closing basis. If the bullish breakout is successful, the market could appreciate towards the 98.20 and 98.40, near the November highs. DXY 30-minute chart The greenback is trading above the main SMAs, suggesting bullish momentum in the near term. Support is seen at the 97.70 level. However, a break below this level might lead to the 97.50 level. 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/CAD slumps below 1.3280 on oil rally, hawkish BoC commentary FX Street 3 years DXY is stabilizing in the 97.70-98.00 price zone. The level to buyers for bulls is the 98.00 handle followed by the 98.20 and 98.40 price levels. DXY daily chart DXY (US Dollar Index) is trading in an uptrend above its 200-day simple moving average (DMA). This Thursday, the market is stabilizing in the 97.70-98.00 price zone. DXY 4-hour chart DXY is consolidating in the 97.70-98.00 zone while below the 50 and 200 SMAs. From a bullish perspective, the market would need to trade above the 98.00 handle on a daily closing basis. If… 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.
