{
  "id": 4827904,
  "title": "US Dollar Index Price Forecast: DXY eyes 99.75 confluence hurdle amid Fed bets, Iran risks",
  "url": "https://urgent.news/2026/09/01/us-dollar-index-price-forecast-dxy-eyes-99-75-confluence-hurdle-amid",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-01T09:04:29.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/us-dollar-index-price-forecast-dxy-eyes-9975-confluence-hurdle-amid-fed-bets-iran-risks-202609010904"
  },
  "original_language": "en",
  "account": "The US Dollar Index (DXY) showed a positive shift on Tuesday, rising above the mid-99.00s range during the initial half of the European trading session. This rebound marked a partial recovery from the previous day's decline, which had pushed the index down from a two-week high. However, the outlook for the near-term remained bullish. The Federal Reserve's hawkish stance, as highlighted by Chair Kevin Warsh's recent comments, added to the inflationary concerns fueled by surging energy prices, prompting traders to speculate on a possible September interest rate hike. In addition, the heightened tensions between the United States and Iran also contributed to the safe-haven appeal of the Greenback, further supporting the DXY. The Moving Average Convergence Divergence (MACD) indicator shifted to a slightly positive stance, while the Relative Strength Index (RSI) hovered near a neutral level of 50. Though these improvements in the momentum indicators suggested stabilization rather than a definitive bullish trend, the DXY remained confined within a resistance cluster near the 99.70-99.75 level. This range comprised the 100-day Simple Moving Average (SMA) and the 38.2% Fibonacci retracement from the July-August decline, creating a tight barrier that the index needed to breach to alleviate downside pressure. Further resistance points were set at the 50.0% retracement at 100.07 and the 61.8% level at 100.44, with stronger Fibonacci resistance levels anticipated at 100.95 and 101.61. On the downside, the first support level was identified at the 23.6% Fibonacci retracement at 99.26, with a deeper structural support around the cycle low near 98.54.",
  "summary": "The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, regains positive traction on Tuesday and climbs back above the mid-99.00s during the first half of the European session.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "Silver Price Forecast: XAG/USD consolidates below 100-Day SMA as momentum fades",
        "url": "https://urgent.news/2026/08/31/silver-price-forecast-xag-usd-consolidates-below-100-day-sma-as",
        "published": "2026-08-31T18:21:18.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}