US Dollar Index Technical Analysis: DXY loses steam and closes below 97.00 figure
DXY daily chart
- The US Dollar Index (DXY) is trading in a bull trend above its main simple moving averages (SMAs).
DXY 4-hour chart
- DXY is trading above its main SMAs suggesting bullish momentum in the medium-term.
DXY 30-minute chart
- DXY is trading below its main SMAs suggesting a bearish bias in the short-term.
- Bears will be trying to break below 96.70 to reach 96.40 to the downside.
- On the way up, resistances are seen at 97.00 and 97.20 level.
Additional key levels
Dollar Index Spot
Overview:
Today Last Price: 96.88
Today Daily change: - 14 pips
Today Daily change %: -0.14%
Today Daily Open: 97.02
Trends:
Daily SMA20: 96.26
Daily SMA50: 96.4
Daily SMA100: 96.35
Daily SMA200: 95.49
Levels:
Previous Daily High: 97.29
Previous Daily Low: 96.95
Previous Weekly High: 96.69
Previous Weekly Low: 95.58
Previous Monthly High: 96.96
Previous Monthly Low: 95.03
Daily Fibonacci 38.2%: 97.08
Daily Fibonacci 61.8%: 97.16
Daily Pivot Point S1: 96.88
Daily Pivot Point S2: 96.75
Daily Pivot Point S3: 96.54
Daily Pivot Point R1: 97.22
Daily Pivot Point R2: 97.43
Daily Pivot Point R3: 97.56