DXY is turning slightly negative on the second 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 its main daily simple moving averages (DMAs). This Tuesday, DXY lost some ground, trading in a tight range below a critical resistance at the 98.50 level. DXY 4-hour chart DXY is trading above its main SMAs on the four-hour chart, suggesting a bullish momentum in the medium term. If the bulls break above the 98.50 level, the market could appreciate towards the 99.20 level and possibly to the 99.67 level (2019 high). DXY 30-minute chart The index is pulling back towards the 98.20 level while trading above an upward sloping 200 SMA. Further down, support is seen at the 98.00 handle. 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 WTI Bulls commit above a 50% reversion and confluence level FX Street 3 years DXY is turning slightly negative on the second 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 its main daily simple moving averages (DMAs). This Tuesday, DXY lost some ground, trading in a tight range below a critical resistance at the 98.50 level. DXY 4-hour chart DXY is trading above its main SMAs on the four-hour chart, suggesting a bullish momentum in the medium term. If the bulls break above the 98.50 level,… 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.
