Read more
1:38 PM · 1 December 2022

USDIDX tests key support

Dollar index plunged to a 15-week low of 105.30 following yesterday’s dovish comments from Powell. Fed Chair said that “slowing down at this point is a good way to balance risks,” and that the central bank could moderate the size of rate hikes as soon as December, which weakened the US dollar. Index is testing key support at 105.30 which is marked with previous price reactions, 200 SMA (red line) and 23.6% Fibonacci retracement of the upward wave launched in May 2021. Should break lower occur, local support at 103.40 may be at risk. On the other hand, if bulls will manage to halt declines, then another upward impulse towards resistance at 109.00 may be launched 

USDIDX, D1 interval. Source: xStation5

15 May 2026, 7:21 PM

Daily summary: A week closed with declines – is the market starting to fear inflation?

15 May 2026, 6:08 PM

Three markets to watch next week: US100, GBPUSD, GOLD (15.05.2026)

15 May 2026, 5:32 PM

US OPEN: Wall Street Bleeds After Trump's Beijing Visit

15 May 2026, 12:27 PM

Market Wrap: Stocks and metals dip as Trump-Xi summit fails to break Iran deadlock 📉 (15.05.2026)

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits