USD Index Price Analysis: Another visit to 107.00 appears in the pipeline

South Africa News News

USD Index Price Analysis: Another visit to 107.00 appears in the pipeline
South Africa Latest News,South Africa Headlines
  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 72%

DXY deflates to the 106.50 zone, where it meets some decent contention so far on Thursday. Considering the ongoing price action, extra gains appear li

DXY adds to Wednesday’s pullback and recedes to 106.50. Another test of the 2023 peak remains in store near term. kely in the dollar for the time being. Once the index clears the 2023 top of 107.34 , it could encourage bulls to challenge the weekly peak at 107.99 just ahead of the round level at 108.00. In the meantime, while above the key 200-day SMA, today at 103.14, the outlook for the index is expected to remain constructive. DXY daily chart Dollar Index Spot Overview Today last price 106.

74 Today Daily Change 35 Today Daily Change % -0.06 Today daily open 106.8 Trends Daily SMA20 105.66 Daily SMA50 104.16 Daily SMA100 103.39 Daily SMA200 103.14 Levels Previous Daily High 107.25 Previous Daily Low 106.51 Previous Weekly High 106.84 Previous Weekly Low 105.52 Previous Monthly High 106.84 Previous Monthly Low 103.27 Daily Fibonacci 38.2% 106.79 Daily Fibonacci 61.8% 106.97 Daily Pivot Point S1 106.46 Daily Pivot Point S2 106.12 Daily Pivot Point S3 105.72 Daily Pivot Point R1 107.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

FXStreetNews /  🏆 14. in US

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

USD Index Price Analysis: Next on the upside comes 108.00USD Index Price Analysis: Next on the upside comes 108.00DXY picks up extra pace and surpasses the 107.00 barrier for the first time since November 2022. The continuation of the rally could prompt the index
Read more »

USD Index Price Analysis: The bullish outlook remains in placeUSD Index Price Analysis: The bullish outlook remains in placeDXY faces some selling pressure after climbing to new 2023 tops in the 107.30/35 band on Tuesday. In light of the ongoing price action, extra gains ap
Read more »

US Dollar Showing Tentative Signs of Fatigue: EUR/USD, GBP/USD, USD/JPYDevelopments on the technical charts indicate that the USD’s rally is beginning to show tentative signs of fatigue, pointing to a minor pause in the near term. What is the outlook for EUR/USD, GBP/USD, and USD/JPY?
Read more »

Pound Sterling Price News and Forecast: GBP/USD trades sideways around 1.2160 amid the USD softnessPound Sterling Price News and Forecast: GBP/USD trades sideways around 1.2160 amid the USD softnessThe GBP/USD pair remains flat above the mid-1.2100s during the Asian session on Thursday. In the absence of the top-tier economic data from the UK doc
Read more »

GBP/USD Price Analysis: Sticks to modest gains above 1.2150, eyes on US Jobless ClaimsGBP/USD Price Analysis: Sticks to modest gains above 1.2150, eyes on US Jobless ClaimsThe GBP/USD pair remains flat above the mid-1.2100s during the Asian session on Thursday. In the absence of the top-tier economic data from the UK doc
Read more »

EUR/USD Price Analysis: Gains traction above the 1.0500 mark, German trade data loomsEUR/USD Price Analysis: Gains traction above the 1.0500 mark, German trade data loomsThe EUR/USD pair gains momentum during the early European session on Thursday. Market players await the German Trade Balance for August, which is expe
Read more »



Render Time: 2025-02-27 01:18:42