US Dollar Index (DXY) remains pressured towards a two-week-old support line as it drops to 104.08 during early Tuesday. In doing so, the greenback’s gauge versus the six major currencies declines for the third consecutive day.
That said, the DXY’s recent downside past the 100-Hour Moving Average (HMA) joins the previous U-turn from a one-week-old descending resistance line to keep bears hopeful. However, the oversold RSI (14) conditions challenge the quote’s further downside.
As a result, an upward-sloping support line from December 14, close to the 104.00 round figure by the press time, restricts the quote’s immediate downside.
Following that, the lows marked during the last Tuesday and Thursday around 103.75 may probe the DXY bears.
In a case where the US Dollar Index declines below 103.75, the odds of witnessing a fresh monthly low, currently around 103.45, can’t be ruled out.
On the flip side, the 100-HMA level of 104.20 precedes the 200-HMA surrounding 104.30 to restrict the quote’s recovery moves ahead of a one-week-old descending resistance line, close to 104.40 at the latest.
Should the quote remains firmer past 104.40, the 105.00 threshold could act as the key hurdle to the north for the US Dollar Index bulls.

Trend: Limited downside expected
© 2000-2025. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.