The US Dollar Index (DXY) is resuming the bulls trend as it is trading above the 50 and 100-day simple moving averages. The market will need to break above 95.65 July 19 high in order to open the gates to 97.00 (2018 high). The RSI, MACD indicators are supportive of higher prices, however, the Stochatsics indicator is already in overbought territory. A break below 94.43 would be seen as negative for bulls. DXY daily chart Spot rate: 95.27 Relative change: 0.16% High: 95.37 Low: 95.00 Trend: Neutral to bullish Resistance 1: 95.24 July 13 high Resistance 2: 95.52 August 6 high Resistance 3: 95.65 July 19 highResistance 4: 97.00 current 2018 high Support 1: 95.00 figure Support 2: 94.91 July 27 high Support 3: 94.43-60 August 28 swing low, 100-day SMA Support 4: 93.71 July 9 swing low Support 5: 93.17 June 14 swing low Support 6: 92.24 May 14 swing low 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 Asia open: NAFTA had a more substantial impact on rates than equities – TDS FX Street 4 years The US Dollar Index (DXY) is resuming the bulls trend as it is trading above the 50 and 100-day simple moving averages. The market will need to break above 95.65 July 19 high in order to open the gates to 97.00 (2018 high). The RSI, MACD indicators are supportive of higher prices, however, the Stochatsics indicator is already in overbought territory. A break below 94.43 would be seen as negative for bulls. DXY daily chart Spot rate: 95.27 Relative change: 0.16% High: … 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.
