DXY

DXY

The Classic Dollar Index continues to remain in the optimistic zone despite the losses it recorded at the beginning of the week. With the Growth data from the US today and especially the PCE Inflation data tomorrow, the levels at which both the index and the parities will close the week are important, and with the PCE data, where speculations about the Fed's interest rate cut will increase, an instant significant pricing change can be monitored. From a technical perspective, the positive outlook expectation on the 34 and 100-day exponential moving averages (104.51 - 104.90 region) continues. This still keeps the idea of a possible journey towards the October 3, 2023 peak, the 107 peak on the agenda. The 105.610 level can be followed in intraday downward movements. If this level is dropped, the 105.330 and 104.990 supports may become important. In possible increases, 106,130 and 106,350 will be monitored as resistance levels. Support: 105.610-105,330 Resistance: 106,130-106,350