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US Dollar Index Technical Analysis: Upside in the greenback stays capped by the 10-day SMA just below 97.20

  • DXY remains trapped within a tight range around the 97.00 milestone so far this week.
  • Following Monday’s sharp drop, the index has been trading in a consolidative fashion so far contained by the 96.80 area, where coincides the 21-day SMA, while gains remain unable to extend further north of the 10-day SMA in the 97.15/20 band.
  • Furthermore, the positive view in the buck is expected to stay unchallenged while above the key 200-day SMA, today at 96.03.

DXY daily chart

 

EUR/JPY Technical Analysis: Breakout of 126.00 allows a test of YTD peaks at 127.50

EUR/JPY daily chart EUR/JPY Overview Today last price 126.21 Today Daily Change 70 Today Daily Change % 0.45 Today daily open 125.64 Trends Daily SMA2
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EUR/USD Technical Analysis: Immediate target on the upside remains at 1.1300 and above

EUR/USD daily chart EUR/USD Overview Today last price 1.129 Today Daily Change 44 Today Daily Change % 0.33 Today daily open 1.1253 Trends Daily SMA20
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