Published: 2025-10-10T08:20:31.000Z
Chart USD Index DXY Update: Consolidating gains - studies rising
1
Anticipated gains have met selling interest at 99.56
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 100.65 | ** | 76.4% ret of May-Jul fall | S1 | 99.00 | * | congestion | |
| R3 | 100.26 | ** | 1 Aug (m) high | S2 | 98.50 | congestion | ||
| R2 | 100.00 | ** | congestion | S3 | 98.00 | * | congestion | |
| R1 | 99.56 | 9 Oct high | S4 | 97.50 | * | congestion |
Asterisk denotes strength of level
09:00 BST - Anticipated gains have met selling interest at 99.56, as overbought intraday studies unwind, with prices settling lower towards congestion support at 99.00. Daily stochastics are also unwinding overbought areas, suggesting potential for a test. But the positive daily Tension Indicator and rising weekly charts should limit any break in renewed buying interest above further congestion around 98.50. Following corrective/cautious trade, fresh gains are looked for. A later break above 99.56 will open up strong resistance at congestion around 100.00 and the 100.26 monthly high of 1 August.