DXY is under bearish pressure trading at one-week lows. A break below 98.63 key support could lead to further losses. DXY daily chart The US Dollar Index (DXY) is in a bull trend above the main daily simple moving averages (DSMAs). Earlier in the New York session, the US Core Consumer Price Index (CPI) matched analysts’ expectations at 2.4% YoY. DXY four-hour chart DXY is trading at one-week lows, challenging the 96.64 support and the 200 SMA on the four-hour chart. If the market hold above this level DXY is set to remain with the current October range. DXY 30-minute chart DXY is trading below the main SMAs, suggesting bearish momentum in the near term. Resistances are seen at the 98.85 and 99.00 price 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 Forex News Today: Daily Trading News share Read Next Bitcoin Cash technical analysis: BCH/USD bulls have large opportunity to move to greater heights FX Street 4 years DXY is under bearish pressure trading at one-week lows. A break below 98.63 key support could lead to further losses. DXY daily chart The US Dollar Index (DXY) is in a bull trend above the main daily simple moving averages (DSMAs). Earlier in the New York session, the US Core Consumer Price Index (CPI) matched analysts' expectations at 2.4% YoY. DXY four-hour chart DXY is trading at one-week lows, challenging the 96.64 support and the 200 SMA on the four-hour chart. If the market hold above this level DXY is set to remain with… 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.
