DXY

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DXY

After breaking free from the band movement between 105.05 - 103.90, the Classic Dollar Index continues its optimistic pricing reaction on the 34 and 100-day exponential moving averages (104.45 - 104.78 region). This idea keeps the idea of a possible journey towards the October 3, 2023 peak of 107 on the agenda. EURUSD and GBPUSD parities are also following a suppressed process due to this attitude in the index. The 105.510 level can be followed in intraday downward movements. In case of falling below this level, the supports of 105.330 and 105.190 may become important. In possible increases, 105.930 and 106.150 will be monitored as resistance levels. Support: 105.510-105.330 Resistance: 105.930-106.150