U.S. Dollar Index's Bearish Momentum Returns, Daily Chart Shows -- Market Talk

Dow Jones04-21

0235 GMT - The U.S. Dollar Index's bearish momentum has returned with the index below the 200-day exponential moving average, based on daily chart, StoneX's Matt Simpson says in commentary. The index appears to be probing the 200-day simple moving average, which suggests any bounce is unlikely to be "clean or impulsive," the senior market analyst says. The key question is whether the index undergoes a "grinding, corrective" rally toward resistance at 98.96 to form a swing high or stage a break below high-volume node at 97.36, Simpson adds. The U.S. Dollar Index is little changed at 98.119, LSEG data show. (ronnie.harui@wsj.com)

 

(END) Dow Jones Newswires

April 20, 2026 22:35 ET (02:35 GMT)

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