The post Extends bullish momentum above 200-day EMA appeared on BitcoinEthereumNews.com. The US Dollar Index (DXY), which tracks the Greenback against a basket The post Extends bullish momentum above 200-day EMA appeared on BitcoinEthereumNews.com. The US Dollar Index (DXY), which tracks the Greenback against a basket

Extends bullish momentum above 200-day EMA

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The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, opened with a bullish gap and touched a fresh high since November 2025, around the 99.70 area, at the start of a new week. The index sticks to its intraday gains through the first half of the European session and seem poised to appreciate further.

An intraday surge in Crude Oil prices to over a three-year peak fueled inflation concerns and dimmed prospects for near‑term rate reductions by the US Federal Reserve (Fed). Furthermore, the escalating geopolitical tensions in the Middle East benefit the USD’s  unmatched status as the global reserve currency. This, in turn, validates the near-term positive outlook for the DXY.

From a technical perspective, the near-term bias is mildly bullish as the USD extends above the 200-day Exponential Moving Average (EMA) near 99.00, signaling a recovery of the broader uptrend context. Moreover, the Moving Average Convergence Divergence (MACD) indicator stands in positive territory with the MACD line above its signal line and a modestly positive histogram, pointing to strengthening upside momentum.

Meanwhile, the Relative Strength Index (RSI) at 68 hovers just below overbought territory, suggesting buyers retain control but with scope for momentum to cool if gains stall. Initial support emerges at the 99.00 area, where the 200-day EMA converges with recent breakout levels, and a break below there would expose secondary support around 98.80.

On the upside, immediate resistance aligns at 99.80, ahead of the 100.20 region where prior reaction highs are expected to cap further advances on first test. A sustained move above 100.20 would open the way toward 100.80, while failure to hold above 99.00 would downgrade the current bullish bias toward a more neutral daily outlook.

(The technical analysis of this story was written with the help of an AI tool.)

DXY daily chart

US Dollar Price Today

The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the strongest against the Euro.

USD EUR GBP JPY CAD AUD NZD CHF
USD 0.69% 0.60% 0.44% -0.06% 0.50% 0.26% 0.44%
EUR -0.69% -0.09% -0.24% -0.74% -0.19% -0.42% -0.25%
GBP -0.60% 0.09% -0.15% -0.65% -0.10% -0.33% -0.16%
JPY -0.44% 0.24% 0.15% -0.49% 0.06% -0.18% -0.00%
CAD 0.06% 0.74% 0.65% 0.49% 0.55% 0.32% 0.49%
AUD -0.50% 0.19% 0.10% -0.06% -0.55% -0.23% -0.07%
NZD -0.26% 0.42% 0.33% 0.18% -0.32% 0.23% 0.17%
CHF -0.44% 0.25% 0.16% 0.00% -0.49% 0.07% -0.17%

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the US Dollar from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent USD (base)/JPY (quote).

Source: https://www.fxstreet.com/news/dxy-price-forecast-sticks-to-bullish-bias-around-mid-9900s-above-200-day-ema-202603090854

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