DXY

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DXY

The swap market expectations, where the pricing area was shaped by the idea that the US Federal Reserve's first interest rate cut was realized in the September meeting of the European Central Bank, while there may be only 1 interest rate cut in the rest of the year, ensured that the movements that were exactly the opposite of the negative pricing behavior of the Classic Dollar Index last week strengthened and created a positive momentum again by exceeding the indicators. Currently, theoretically, the 100-day average (104.80) / Psychologically, the level of 105 is an area that should be followed carefully before the critical ECB and Fed meetings of the index. The level of 104,600 can be followed in intraday downward movements. If this level is broken, the supports at 104,860, 104,510 and 104,190 may become important. In case of possible increases, the resistance levels at 105,180, 105,3100 and 105,470 will be monitored. Support: 104,860-104,510 Resistance: 105,180-105,310