DXY (US Dollar Index) is down little following the release of the NFP in the United States. The level to beat for bulls is at 98.42 and 98.68 resistance levels. DXY daily chart DXY (US Dollar Index) is trading in a bull trend above the main daily simple moving averages (DSMAs). DXY is having a small dip following the release of the Non-farm Payrolls (NFP) in the United States (US). The monthly data came in below expectations with only 130K jobs added in August vs. 158K forecast. However, the wages, the Average Hourly Earnings, beat expectations with 3.2% vs. 3.1% forecast. DXY four-hour chart The Greenback is trading above the 98.20 support and the 200 SMA. DXY bulls will need to bring the market above the 92.42 to reclaim the 98.68 price level in the medium term. DXY 30-minute chart DXY is trading below the main SMAs, suggesting bearish momentum in the near term. The market can enter a consolidation with 98.10 as main support. However, if breached to the downside 97.90 can come into play in the short term. 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 Ethereum Price Analysis: Ethereum Classic is in a Bullish zone after reclaiming support at $7.0 FX Street 4 years DXY (US Dollar Index) is down little following the release of the NFP in the United States. The level to beat for bulls is at 98.42 and 98.68 resistance levels. DXY daily chart DXY (US Dollar Index) is trading in a bull trend above the main daily simple moving averages (DSMAs). DXY is having a small dip following the release of the Non-farm Payrolls (NFP) in the United States (US). The monthly data came in below expectations with only 130K jobs added in August vs. 158K forecast. However, the wages, the Average Hourly Earnings, beat expectations with 3.2%… 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.
