US Dollar Outlook: USD Undeterred by FOMC– DXY Threatens Breakout dailyfx.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyfx.com Daily Mail and Mail on Sunday newspapers.
The Dollar snapped a two-week winning streak after faltering at technical resistance- all eyes on FOMC. Here are the levels that matter on the DXY technical charts.
The Dollar surged 0.6% into the February open with the index now up more than 2.6% off the January low. Here are the levels that matter on the DXY technical charts.
US Dollar Outlook: USD Snaps Back- Are Bears Taking Control? 2021-01-21 16:30:00 Michael Boutros, Strategist
US Dollar Technical Price Outlook: DXY Near-term Trade Levels
US Dollar technical trade level update – DXY Daily & Intraday Charts
USD rebounded falters ahead of downtrend resistance- pullback testing initial support
Yearly open support 89.87/93 – Resistance at 91 and 91.32/44 (key) Advertisement
The US Dollar Index plunged more than 0.6% since the start of the week with the recent DXY rally faltering just ahead of broader downtrend resistance. So, is the USD recovery over? While the broader outlook remains weighted to the downside, the recent sell-off keeps price within the confines of the near-term advance and we’re looking for a reaction just lower for guidance in the days ahead. These are the updated technical targets and invalidation levels that matter on the US Dollar I
US Dollar Outlook: USD Breakdown Fizzles into 2021 Open- DXY Levels 2021-01-07 19:30:00 Michael Boutros, Strategist
US Dollar Technical Price Outlook: DXY Weekly Trade Levels
US Dollar technical trade level update – Weekly Chart
USD sell-off extends into yearly open- threat for exhaustion into trend support / 89.07
DXY Initial weekly resistance into 91- threat remains lower sub-92.28 Advertisement
The US Dollar Index has plunged more than 5.8% off the September highs with the DXY breakdown carrying over into the yearly open. The sell-off may be losing steam here however as price responds to long-term downtrend support and while the broader outlook remains tilted to the downside, the immediate decline may be vulnerable here. These are the updated technical targets and invalidation levels that matter on the US Dollar Index weekly price chart amid the ongoing chaos on Capitol Hill and head