DXY

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DXY

While we insist on the Classic Dollar Index and are in the decision phase regarding whether it will continue its upward trend within the 103.50 - 104.00 region where the 34 and 100-day exponential moving averages are located, the US CPI data result should be followed carefully. In addition, the index's performance on the first day of the week will be followed carefully for the roadmap of the parities. While permanent movements above the 104.10 level may confirm the index's upward trend, permanent movements below 104.10 can be recorded as an important confirmation element for the EURUSD and GBPUSD rise. The 104.110 level can be followed in intraday downward movements. In case of falling below this level, the 103.930 and 103.790 supports may become important. In possible increases, 104,430 and 104,650 will be monitored as resistance levels. Support: 104,110-103,930 Resistance: 104,430-104,650