The US Dollar Index (DXY) managed to rebound from daily lows and end Monday’s session with humble losses near the key 100.00 hurdle. The final Balance of Trade data will be in the spotlight, seconded by the API’s weekly report on US crude oil inventories.
(DXY), which measures the value of the US Dollar against a basket of currencies, posted mild gains on Monday as the Taiwan Dollar surged over 5%. The move sparked a broader rally in Asian currencies amid speculation of FX conversions by exporters. Markets remained thin with multiple public holidays affecting liquidity.The DXY Index currently trades at 99.93, up 0.08% on the day, within a daily range of 99.46 to 100.05. Momentum remains neutral with a Relative Strength Index (RSI) of 40.84, while the Moving Average Convergence Divergence (MACD) flashes a buy signal. However, the 20, 100, and 200-day simple moving averages — at 100.13, 105.38, and 104.39, respectively — all point to continued bearishness. Additional downward pressure comes from both the 10-day and 30-day EMAs, which sit at 99.77 and 101.09. Key support is located at 99.60, with resistance at 99.77, 100.08, and 100.13.
(DXY), which measures the value of the US Dollar against a basket of currencies, posted mild gains on Monday as the Taiwan Dollar surged over 5%. The move sparked a broader rally in Asian currencies amid speculation of FX conversions by exporters. Markets remained thin with multiple public holidays affecting liquidity.The DXY Index currently trades at 99.93, up 0.08% on the day, within a daily range of 99.46 to 100.05. Momentum remains neutral with a Relative Strength Index (RSI) of 40.84, while the Moving Average Convergence Divergence (MACD) flashes a buy signal. However, the 20, 100, and 200-day simple moving averages — at 100.13, 105.38, and 104.39, respectively — all point to continued bearishness. Additional downward pressure comes from both the 10-day and 30-day EMAs, which sit at 99.77 and 101.09. Key support is located at 99.60, with resistance at 99.77, 100.08, and 100.13.
t.me/WORLDGOLDEMASTER
97% 𝗥𝗲𝗮𝗹𝗶𝘁𝘆 𝗪𝗼𝗿𝗸
97% 𝗦𝘂𝗿𝗲 𝗦𝗶𝗴𝗻𝗮𝗹𝘀
t.me/WORLDGOLDEMASTER
𝗜 𝗻𝗲𝗲𝗱 𝗴𝗼𝗼𝗱 𝗰𝗹𝗶𝗲𝗻𝘁 𝗮𝗻𝗱 𝗵𝗼𝗻𝗲𝘀𝘁 𝗺𝗮𝗻
𝗜 𝘄𝗮𝗻𝘁 𝘄𝗼𝗿𝗸 𝗵𝗶𝗺 𝗼𝗻𝗹𝘆 𝗣𝗹𝗲𝗮𝘀𝗲 𝗶𝗻𝗯𝗼𝘅 𝗺
97% 𝗥𝗲𝗮𝗹𝗶𝘁𝘆 𝗪𝗼𝗿𝗸
97% 𝗦𝘂𝗿𝗲 𝗦𝗶𝗴𝗻𝗮𝗹𝘀
t.me/WORLDGOLDEMASTER
𝗜 𝗻𝗲𝗲𝗱 𝗴𝗼𝗼𝗱 𝗰𝗹𝗶𝗲𝗻𝘁 𝗮𝗻𝗱 𝗵𝗼𝗻𝗲𝘀𝘁 𝗺𝗮𝗻
𝗜 𝘄𝗮𝗻𝘁 𝘄𝗼𝗿𝗸 𝗵𝗶𝗺 𝗼𝗻𝗹𝘆 𝗣𝗹𝗲𝗮𝘀𝗲 𝗶𝗻𝗯𝗼𝘅 𝗺
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
t.me/WORLDGOLDEMASTER
97% 𝗥𝗲𝗮𝗹𝗶𝘁𝘆 𝗪𝗼𝗿𝗸
97% 𝗦𝘂𝗿𝗲 𝗦𝗶𝗴𝗻𝗮𝗹𝘀
t.me/WORLDGOLDEMASTER
𝗜 𝗻𝗲𝗲𝗱 𝗴𝗼𝗼𝗱 𝗰𝗹𝗶𝗲𝗻𝘁 𝗮𝗻𝗱 𝗵𝗼𝗻𝗲𝘀𝘁 𝗺𝗮𝗻
𝗜 𝘄𝗮𝗻𝘁 𝘄𝗼𝗿𝗸 𝗵𝗶𝗺 𝗼𝗻𝗹𝘆 𝗣𝗹𝗲𝗮𝘀𝗲 𝗶𝗻𝗯𝗼𝘅 𝗺
97% 𝗥𝗲𝗮𝗹𝗶𝘁𝘆 𝗪𝗼𝗿𝗸
97% 𝗦𝘂𝗿𝗲 𝗦𝗶𝗴𝗻𝗮𝗹𝘀
t.me/WORLDGOLDEMASTER
𝗜 𝗻𝗲𝗲𝗱 𝗴𝗼𝗼𝗱 𝗰𝗹𝗶𝗲𝗻𝘁 𝗮𝗻𝗱 𝗵𝗼𝗻𝗲𝘀𝘁 𝗺𝗮𝗻
𝗜 𝘄𝗮𝗻𝘁 𝘄𝗼𝗿𝗸 𝗵𝗶𝗺 𝗼𝗻𝗹𝘆 𝗣𝗹𝗲𝗮𝘀𝗲 𝗶𝗻𝗯𝗼𝘅 𝗺
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.