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Forex

US Greenback Index Worth Forecast: Checks 97.50 help close to eight-week lows

  • The US Greenback Index could discover rapid help at an eight-week low of 97.11.
  • Market sentiment stays bearish with the 14-day Relative Energy Index holding under the 50 stage.
  • The nine-day EMA at 97.98 may act as the first barrier.

The US Greenback Index (DXY), which measures the worth of the US Greenback (USD) in opposition to six main currencies, is extending its losses for the fifth consecutive session and buying and selling round 97.60 through the European hours on Monday. The technical evaluation of the each day chart reveals the greenback index stays throughout the descending channel sample, suggesting a prevailing bearish bias.

The 14-day Relative Energy Index (RSI) is positioned under the 50 stage, strengthening the bearish bias. Moreover, the short-term worth momentum is weaker because the DXY stays under the nine-day Exponential Transferring Common (EMA).

On the draw back, the US Greenback Index could goal its preliminary help at an eight-week low of 97.11, which was recorded on July 24, adopted by 96.38, the bottom since February 2022, which was recorded on July 1, 2025. Additional declines would immediate the greenback index to check the descending channel’s decrease boundary round 96.10.

The first barrier lies on the nine-day EMA of 97.98, aligned with the psychological stage of 98.00. A break above this significant resistance zone would enhance the short-term worth momentum and help the US Greenback Index to check the higher boundary of the descending channel round 98.30, adopted by the 50-day EMA at 98.37. Additional advances would enhance the medium-term worth momentum and lead the DXY to discover the area across the four-month excessive at 100.26, which was recorded on August 1.

US Greenback Index: Every day Chart

US Greenback Worth Right now

The desk under reveals the share change of US Greenback (USD) in opposition to listed main currencies at present. US Greenback was the weakest in opposition to the New Zealand Greenback.

USD EUR GBP JPY CAD AUD NZD CHF
USD -0.31% -0.29% 0.00% 0.03% -0.16% -0.37% -0.08%
EUR 0.31% 0.02% 0.22% 0.34% 0.14% -0.07% 0.23%
GBP 0.29% -0.02% 0.10% 0.31% 0.11% -0.09% 0.25%
JPY 0.00% -0.22% -0.10% 0.10% -0.15% -0.33% -0.05%
CAD -0.03% -0.34% -0.31% -0.10% -0.18% -0.40% -0.06%
AUD 0.16% -0.14% -0.11% 0.15% 0.18% -0.20% 0.14%
NZD 0.37% 0.07% 0.09% 0.33% 0.40% 0.20% 0.35%
CHF 0.08% -0.23% -0.25% 0.05% 0.06% -0.14% -0.35%

The warmth map reveals proportion modifications of main currencies in opposition to one another. The bottom forex is picked from the left column, whereas the quote forex is picked from the highest row. For instance, for those who decide the US Greenback from the left column and transfer alongside the horizontal line to the Japanese Yen, the share change displayed within the field will signify USD (base)/JPY (quote).

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