Published: 2026-06-24T08:25:08.000Z
Chart USD Index DXY Update: Fresh year highs as January gains extend
2
Consolidation around 101.40 has given way to anticipated gains
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 103.54 | * | early April 2025 (w) high | S1 | 100.64 | ** | 31 Mar (m) high | |
| R3 | 103.00 | minor congestion | S2 | 100.00 | ** | congestion | ||
| R2 | 102.85 | ** | 50% ret of 2025-2026 fall | S3 | 99.50 | * | congestion | |
| R1 | 102.00 | ** | congestion | S4 | 99.00 | * | congestion |
Asterisk denotes strength of level
09:05 BST - Consolidation around 101.40 has given way to anticipated gains, as intraday studies turn higher, with prices currently trading at fresh year highs around 101.60. Daily readings continue to rise and broader weekly charts are also positive, highlighting room for continuation of January gains initially towards congestion around 102.00. Overbought daily stochastics could limit any initial tests in consolidation, before further gains unfold. Meanwhile, support remains down to the 100.64 monthly high of 31 March. A close beneath here, if seen, will turn sentiment neutral and give way to consolidation above congestion support at 100.00.