The weekly recovery in DXY met strong hurdle in the 97.80 region so far. However, the Greenback has managed to leave behind the critical 200-day SMA in the 97.40 region, reinstalling the positive outlook in the near/medium term. In this case, the next target of significance should emerge at the 55-day SMA at 98.34 ahead of 99.25 (October 8th). DXY daily chart 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 AUD/USD technical analysis: Bulls managed to defend 0.6800 neckline support, at least for now FX Street 3 years The weekly recovery in DXY met strong hurdle in the 97.80 region so far. However, the Greenback has managed to leave behind the critical 200-day SMA in the 97.40 region, reinstalling the positive outlook in the near/medium term. In this case, the next target of significance should emerge at the 55-day SMA at 98.34 ahead of 99.25 (October 8th). DXY daily chart 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.
