اب سے ہم Elev8 ہیں

ہم صرف ایک بروکر نہیں ہیں۔ ہم ایک جامع ٹریڈنگ ایکوسسٹم ہیں—ہر چیز جو آپ کو تجزیے، ٹریڈ اور  ترقی کے لیے درکار ہو، ایک  ہی جگہ پر  ہے۔ کیا آپ اپنی ٹریڈنگ کو بلند کرنے کے لیے تیار ہیں؟

US Dollar Index London Price Forecast: DXY kicking off the week near January highs

  • DXY is starting the new week near the January highs. 
  • Resistance is at 97.70 while support is seen at the 97.55. 
  • A break below 97.55 can lead to a deeper pullback down. 
 

DXY daily chart

 
The US Dollar Index (DXY) is trading near the January highs while challenging a descending trendline originating from October 2019. 
 
 

DXY four-hour chart

 
DXY is trading above the main simple moving averages (SMAs) and a rising trendline, suggesting a bullish bias. Bulls will need a break above the 97.70 resistance to travel towards 97.85 and to a larger breakout to 98.20. However, the market might enter a consolidation first with a potential pullback down below the 97.55 level. Support is seen at the 97.35 and 97.20 levels. 
 

Additional key levels 

 

USD/CAD remains stuck in a range, holds steady above mid-1.3000s

The USD/CAD pair remained on the defensive through the early European session on Monday, albeit held well within the previous session's broader tradin
مزید پڑھیں Previous

USD/INR hits fresh six-day highs above 71.00 amid firmer USD, oil

USD/INR extended last week’s recovery momentum into Monday, as the bulls reached a new six-day high at 71.122 before entering a phase of consolidation
مزید پڑھیں Next