TRENDING:

ECB interest rate

US CPI

USD Index Price Analysis: The loss of 100.80 exposes a drop to 100.00

DXY adds to Friday’s recovery and approaches the 102.00 barrier.
There are still chances of a breakdown of the 2023 peak near 100.80.

Pablo Piovano FXStreet

DXY extends further Friday’s optimism and looks to retake the 102.00 neighbourhood at the beginning of the week.

Despite the ongoing rebound, the index is expected to remain under pressure for the time being. Against that, the loss of the 2023 low at 100.78 (April 14) should open the door to a deeper decline to, initially, the psychological 100.00 mark.

South from here aligns the late-March 2022 lows near 97.70.

Looking at the broader picture, while below the 200-day SMA, today at 106.33, the outlook for the index is expected to remain negative.

DXY daily chart

Dollar Index Spot

Overview
Today last price	101.66
Today Daily Change	30
Today Daily Change %	0.08
Today daily open	101.58

Trends
Daily SMA20	102.3
Daily SMA50	103.47
Daily SMA100	103.53
Daily SMA200	106.37

Levels
Previous Daily High	101.75
Previous Daily Low	100.79
Previous Weekly High	102.76
Previous Weekly Low	100.79
Previous Monthly High	105.89
Previous Monthly Low	101.92
Daily Fibonacci 38.2%	101.38
Daily Fibonacci 61.8%	101.15
Daily Pivot Point S1	100.99
Daily Pivot Point S2	100.41
Daily Pivot Point S3	100.04
Daily Pivot Point R1	101.95
Daily Pivot Point R2	102.33
Daily Pivot Point R3	102.91

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 remains below 1.1750 ahead of ECB policy decision

EUR/USD remains on the back foot below 1.1750 in the European session on Thursday. Traders move to the sidelines and refrain from placing any fresh directional bets on the pair ahead of the ECB policy announcements and the US CPI inflation data.

GBP/USD stays defensive below 1.3400, awaits BoE and US CPI

GBP/USD oscillates in a narrow band below 1.3400 in European trading on Thursday. The pair trades with caution as markets eagerly await the BoE policy verdict and US consumer inflation data for fresh directional impetus.

Gold holds losses below $4,350 ahead of US CPI report

Gold struggles to capitalize on the previous day's move higher and holds its pullback below $4,350 in the European session on Thursday. The downtick could be attributed to some profit-taking amid a US Dollar bounce. All eyes now remain on the US CPI inflation data.

BoE set to resume easing cycle, trimming interest rate to 3.75%

The Bank of England will announce its last monetary policy decision of 2025 on Thursday at 12:00 GMT. The market prices a 25-basis-point rate cut, which would leave the BoE’s Bank Rate at 3.75%.

US CPI data expected to show inflation rose slightly to 3.1%, cooling Fed rate cut bets for January

The US Bureau of Labor Statistics will publish the all-important Consumer Price Index (CPI) data for November on Thursday at 13:30 GMT. The CPI inflation in the US is expected to rise at an annual rate of 3.1% in November

Dogecoin Price Forecast: DOGE breaks key support amid declining investor confidence

Dogecoin (DOGE) trades in the red on Thursday, following a 4% decline on the previous day. The DOGE supply in profit declines as large wallet investors trim their portfolios. Derivatives data shows a surge in bearish positions amid declining retail interest.

DXY daily chart

Dollar Index Spot

Legal Text

Markets move fast. We move first.

Editor's Picks

Best Brokers in 2025