{"id":105587,"date":"2020-10-05T10:10:32","date_gmt":"2020-10-05T09:10:32","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=105587"},"modified":"2020-10-05T10:11:46","modified_gmt":"2020-10-05T09:11:46","slug":"104555-dxy-bears-hesitate-to-press-advantage-as-key-support-ahead","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/104555-dxy-bears-hesitate-to-press-advantage-as-key-support-ahead\/","title":{"rendered":"DXY Bears Hesitate To Press Advantage as Key Support Ahead"},"content":{"rendered":"<ul>\n<li><span style=\"font-weight: 400\">The US dollar index fails to move above 93.82.<\/span><\/li>\n<li><span style=\"font-weight: 400\">Key technical indicators suggest bearishness in the index.<\/span><\/li>\n<li><span style=\"font-weight: 400\">Sellers challenge an ascending support trendline.<\/span><\/li>\n<\/ul>\n<p>The US dollar index was trading around 93.70, down by 0.11 Percent, reflecting its downward slide against a basket of currencies ahead of the European market open today.<\/p>\n<p><span style=\"font-weight: 400\">The weakness is in contrast to the gains on Friday, which was recorded despite MACD histogram showing a bearish mood. The pair&#8217;s downside might be restricted by the merging of the 100-bar exponential moving average and an ascending trendline from September 21, around 93.70.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Even a fall below 93.70 wouldn&#8217;t put the bears in command unless the index falls below 93.47 &#8211; part of a five-week-old rising support line.<\/span><\/p>\n<p><span style=\"font-weight: 400\">On the other hand, bulls will not be keen to join the up move unless 21-bar and 50-bar EMA are challenged above 93.87. After which, 94.00 mark and 94.20 &#8211; part of a horizontal line connecting September top, will be under bull attack.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The US dollar index fails to move above 93.82. Key technical indicators suggest bearishness in the index. Sellers challenge an ascending support trendline. The US dollar index was trading around 93.70, down by 0.11 Percent, reflecting its downward slide against a basket of currencies ahead of the European market open today. The weakness is in [&hellip;]<\/p>\n","protected":false},"author":163946612,"featured_media":11494,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1381],"tags":[3135,3100,1397],"class_list":{"0":"post-105587","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-usd","8":"tag-dxy","9":"tag-technical-analysis","10":"tag-us-dollar"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>DXY Bears Hesitate To Press Advantage as Key Support Ahead - Currency Live<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/currencylive.com\/news\/104555-dxy-bears-hesitate-to-press-advantage-as-key-support-ahead\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Stelian Olar\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104555-dxy-bears-hesitate-to-press-advantage-as-key-support-ahead\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104555-dxy-bears-hesitate-to-press-advantage-as-key-support-ahead\\\/\"},\"author\":{\"name\":\"Stelian Olar\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/c83637dd6dc82bcaadbc8b6c994d1186\"},\"headline\":\"DXY Bears Hesitate To Press Advantage as Key Support Ahead\",\"datePublished\":\"2020-10-05T09:10:32+00:00\",\"dateModified\":\"2020-10-05T09:11:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104555-dxy-bears-hesitate-to-press-advantage-as-key-support-ahead\\\/\"},\"wordCount\":163,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104555-dxy-bears-hesitate-to-press-advantage-as-key-support-ahead\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/10\\\/strong-dollar-definition.jpg\",\"keywords\":[\"DXY\",\"technical analysis\",\"us dollar\"],\"articleSection\":[\"USD\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104555-dxy-bears-hesitate-to-press-advantage-as-key-support-ahead\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104555-dxy-bears-hesitate-to-press-advantage-as-key-support-ahead\\\/\",\"name\":\"DXY Bears Hesitate To Press Advantage as Key Support Ahead - 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