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US Dollar Index Technical Analysis: Immediate target on the upside remain at 2019 highs around 97.70

  • DXY is attempting some consolidation following recent peaks in the mid-97.00s.
  • The ongoing correction is seen as temporary only while the greenback keeps targeting YTD highs in the 97.70/75 band ahead of 97.87, June 2017 peaks.
  • In the meantime, the outlook on the index remains positive above the key 200-day SMA, today at 95.98.

DXY daily chart

 

EUR/JPY Technical Analysis: Further consolidation expected near term. The 125.50 area keeps capping the upside

EUR/JPY Overview Today last price 125.15 Today Daily Change 26 Today Daily Change % -0.10 Today daily open 125.28 Trends Daily SMA20 125.29 Daily SMA
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European Monetary Union Sentix Investor Confidence above forecasts (-2.1) in April: Actual (-0.3)

European Monetary Union Sentix Investor Confidence above forecasts (-2.1) in April: Actual (-0.3)
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