TRENDING:

GBP/USD

XAU/USD

USD Index Price Analysis: A challenge of 100.00 looms closer

The index remains well under pressure following the FOMC meeting.
There is interim support near 100.80 so far, or 10-month lows.

Pablo Piovano FXStreet

DXY comes under extra selling pressure in the wake of the Fed’s decision on rates and retests the 100.80 region, or multi-month lows on Thursday.

In the near term, further losses appear in the pipeline while below the 3-month resistance line near 102.45. If the index manages to clear this region it could accelerate gains to the provisional 55-day SMA, today at 104.02.

Below this line, the dollar is expected to keep the short-term bearish bias unchanged and with the immediate target at the psychological 100.00 support.

In the longer run, while below the 200-day SMA at 106.45, the outlook for the index remains negative.

DXY daily chart

Dollar Index Spot

Overview
Today last price	101.1
Today Daily Change	44
Today Daily Change %	-0.05
Today daily open	101.15

Trends
Daily SMA20	102.46
Daily SMA50	103.72
Daily SMA100	106.7
Daily SMA200	106.7

Levels
Previous Daily High	102.19
Previous Daily Low	101.04
Previous Weekly High	102.44
Previous Weekly Low	101.5
Previous Monthly High	105.63
Previous Monthly Low	101.5
Daily Fibonacci 38.2%	101.47
Daily Fibonacci 61.8%	101.75
Daily Pivot Point S1	100.73
Daily Pivot Point S2	100.31
Daily Pivot Point S3	99.57
Daily Pivot Point R1	101.88
Daily Pivot Point R2	102.61
Daily Pivot Point R3	103.03

Author

Pablo Piovano

FXStreet

Born and bred in Argentina, Pablo has been carrying on with his passion for FX markets and trading since his first college years.

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

Editor's Picks

EUR/USD moves sideways below 1.1800 on Christmas Eve

EUR/USD struggles to find direction and trades in a narrow channel below 1.1800 after posting gains for two consecutive days. Bond and stock markets in the US will open at the usual time and close early on Christmas Eve, allowing the trading action to remain subdued.

GBP/USD keeps range around 1.3500 amid quiet markets

GBP/USD keeps its range trade intact at around 1.3500 on Wednesday. The Pound Sterling holds the upper hand over the US Dollar amid pre-Christmas light trading as traders move to the sidelines heading into the holiday season.

Gold retreats from record highs, trades below $4,500

Gold retreats after setting a new record-high above $4,520 earlier in the day and trades in a tight range below $4,500 as trading volumes thin out ahead of the Christmas break. The US Dollar selling bias remains unabated on the back of dovish Fed expectations, which continues to act as a tailwind for the bullion amid persistent geopolitical risks.

Bitcoin slips below $87,000 as ETF outflows intensify, whale participation declines

Bitcoin price continues to trade around $86,770 on Wednesday, after failing to break above the $90,000 resistance. US-listed spot ETFs record an outflow of $188.64 million on Tuesday, marking the fourth consecutive day of withdrawals.

Economic outlook 2026-2027 in advanced countries: Solidity test

After a year marked by global economic resilience and ending on a note of optimism, 2026 looks promising and could be a year of solid economic performance. In our baseline scenario, we expect most of the supportive factors at work in 2025 to continue to play a role in 2026.

Stellar Price Forecast: XLM slips below $0.22 as bearish momentum builds

Stellar (XLM) price is trading below $0.22 at the time of writing on Wednesday after failing to close above the key resistance earlier this week. Bearish momentum continues to strengthen, with open interest falling and short bets rising.

DXY daily chart

Dollar Index Spot

Legal Text

Markets move fast. We move first.

Editor's Picks

Best Brokers in 2025