- Analytics
- News and Tools
- Market News
- US Dollar Index Price Analysis: Failure at 94.00 could spark extra losses
US Dollar Index Price Analysis: Failure at 94.00 could spark extra losses
- DXY failed once again to extend the move above 94.00.
- Another test of lows near 93.50 should not be ruled out yet.
DXY struggles for direction around the 94.00 neighbourhood on Wednesday. This area of resistance is coincident with the 20-day SMA.
If the index cannot clear the 94.00 area in the near term, it could expose the resumption of the downtrend. In that case, the immediate target should be at the 93.50 region ahead of the 55-day SMA at 93.30.
Looking at the broader picture, the constructive stance on the index is seen unchanged above the 200-day SMA at 91.92.
DXY daily chart
© 2000-2026. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
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.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
