Published: 2026-04-23T07:48:25.000Z
Chart USD Index DXY Update: Pushing higher
-
Anticipated gains have broken above 98.50 to reach 98.74
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 100.30 | * | congestion | S1 | 98.50 | * | congestion | |
| R3 | 100.00 | ** | congestion | S2 | 98.00 | ** | congestion | |
| R2 | 99.50 | * | congestion | S3 | 97.63 | 17 Apr (w) low | ||
| R1 | 99.00/18 | ** | congestion; 8 Apr high | S4 | 97.50 | ** | congestion; 61.8% ret |
Asterisk denotes strength of level
08:40 BST - Anticipated gains have broken above 98.50 to reach 98.74, where unwinding overbought intraday studies are prompting short-term reactions. Daily stochastics continue to rise and the daily Tension Indicator has turned positive, highlighting room for continuation towards resistance at congestion around 99.00 and the 99.18 high of 8 April. However, negative weekly charts should limit any immediate tests of this range in renewed selling interest/consolidation. Meanwhile, a close back below 98.50 would turn sentiment neutral and prompt fresh consolidation above congestion support at 98.00.