- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- US Dollar Index Price Analysis: DXY slides below 103.30 resistance confluence as US Retail Sales looms
US Dollar Index Price Analysis: DXY slides below 103.30 resistance confluence as US Retail Sales looms
- US Dollar Index takes offers to refresh intraday low, prints the first daily loss in four so far.
- Convergence of 200-DMA, descending trend line from March restricts immediate upside amid overbought RSI.
- DXY sellers remain cautious beyond 102.30 key support with eyes on US Retail Sales for July.
US Dollar Index (DXY) remains on the back foot at the intraday low of around 103.00 amid early Tuesday morning in Europe. In doing so, the Greenback’s gauge versus the six major currencies prints the first daily loss in four.
That said, a convergence of the 200-DMA and a 5.5-month-old descending trend line restrict immediate DXY upside amid the overbought RSI (14) line.
Adding strength to the pullback moves in the US Dollar Index is the market’s preparations for the US Retail Sales for July.
With this, the DXY is likely to extend the latest retreat towards the 50.0% Fibonacci retracement of the March-July downtrend, near 102.70.
However, the 100-DMA and a one-month-long rising trend line together puts a floor under the US Dollar Index Price near 102.30.
In a case where the DXY remains bearish past 102.30, April’s bottom of around 100.80 will be in the spotlight.
On the flip side, a daily closing beyond the aforementioned 103.30 resistance confluence isn’t an open invitation to the DXY bulls as the 61.8% Fibonacci retracement, also known as the Golden Fibonacci Ratio, will challenge the further upside near 103.50.
Also read: US Dollar Index: Firmer yields defend DXY bulls above 103.00 ahead of US Retail Sales
US Dollar Index: Daily chart
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.
Банковни транcфери
