23 Sep 2019
US Dollar Index technical analysis: DXY starts the week with a run to the 98.84 price level
- The Greenback is starting the week with a boost.
- The level to beat for bulls is the 98.45 resistance level.
DXY daily chart
DXY (US Dollar Index) is in an uptrend above its main daily simple moving averages (DSMAs).
DXY four-hour chart
DXY is trading above the main SMAs, suggesting bullish momentum in the medium term. The Greenback gained some strength this Monday as the market broke to the upside from the triangle pattern. The market seems to be set for a run to the 99.10 resistance if the bulls overcome the 99.85 price level.
DXY 30-minute chart
DXY is trading above the main SMAs, suggesting bullish momentum in the near term. Support is seen at the 98.60 and 98.45 price levels.
Additional key levels