US Dollar Index Price Forecast: Tests 50-day EMA support after breaking below 99.00
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is losing ground after four days of gains and trading around 98.80 during the European hours on Monday.
  • US Dollar Index may rebound toward the seven-month high of 99.57
  • The 14-day Relative Strength Index at 53 signals improving momentum.
  • The immediate support appears at the 50-day EMA of 98.70.

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is losing ground after four days of gains and trading around 98.80 during the European hours on Monday. The momentum indicator shows the 14-day Relative Strength Index (RSI) at 53 (neutral) reflects improving momentum.

The US Dollar Index stands marginally above the nine-day Exponential Moving Average (EMA) and the 50-day EMA. The short-term average has turned higher while the 50-day EMA has flattened after a prior decline.

Holding above the rising nine-day EMA would keep the near-term bias supportive and lead the DXY to target the seven-month high of 99.57, recorded on December 2. Further resistance lies at the seven-month high of 100.26, which was recorded on August 1.

On the downside, the immediate support lies at the 50-day EMA of 98.70, aligned with the nine-day EMA at 98.66. Further declines would weaken the short- and medium-term price momentum and put downward pressure on the US Dollar Index to navigate the region around the 97.75, the lowest since October 25.

US Dollar Index: Daily Chart

US Dollar Price Today

The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the weakest against the Swiss Franc.

USD EUR GBP JPY CAD AUD NZD CHF
USD -0.48% -0.39% -0.05% -0.27% -0.23% -0.39% -0.61%
EUR 0.48% 0.09% 0.39% 0.20% 0.25% 0.09% -0.13%
GBP 0.39% -0.09% 0.30% 0.12% 0.16% -0.00% -0.23%
JPY 0.05% -0.39% -0.30% -0.19% -0.15% -0.31% -0.53%
CAD 0.27% -0.20% -0.12% 0.19% 0.04% -0.12% -0.35%
AUD 0.23% -0.25% -0.16% 0.15% -0.04% -0.17% -0.39%
NZD 0.39% -0.09% 0.00% 0.31% 0.12% 0.17% -0.22%
CHF 0.61% 0.13% 0.23% 0.53% 0.35% 0.39% 0.22%

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the US Dollar from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent USD (base)/JPY (quote).

(The technical analysis of this story was written with the help of an AI tool.)

Acuity Trading
Trade The World
Acuity Trading은 2013년에 설립된 런던 기반 핀테크로, AI 기반 대체 데이터와 심리 분석을 통해 트레이딩과 투자를 지원합니다. 시각화된 뉴스와 심리 도구로 온라인 트레이딩 경험을 혁신했으며, 최신 AI 연구와 기술로 알파를 창출하는 대체 데이터와 높은 몰입도의 트레이딩 도구를 제공하며 시장을 선도하고 있습니다.
Read More

LIVE QUOTES

Name / Symbol
Chart
% Change / Price
NVDA/NAS
1 D change
+0%
0
ON/NAS
1 D change
+0%
0
MSFT/NAS
1 D change
+0%
0

ALL ABOUT TECHNICAL

탐색 더 많은 도구
트레이딩 아카데미
거래 전략, 시장 인사이트, 금융 기초를 다루는 다양한 교육 기사를 한 곳에서 탐색해보세요.
더 알아보기
코스
거래 여정의 모든 단계에서 성장을 지원하도록 설계된 체계적인 거래 코스를 탐색해보세요.
더 알아보기
웨비나
업계 전문가로부터 실시간 시장 인사이트와 거래 전략을 얻기 위해 라이브 및 온디맨드 웨비나에 참여하세요.
더 알아보기