- DXY remains under pressure so far this week. Today’s test of the 94.80 region (100-day SMA) and the subsequent quick rebound to the 95.00 neighbourhood highlights the relevance of this critical level.
- In case the selling impetus gathers further traction, the greenback should meet the next support at 94.20, the 38.2% Fibo retracement of the 2017-2018 drop.
- Immediate target on the upside is the 95.40 region, where aligns recent tops the base of the daily cloud and the 10-day SMA.
DXY daily chart
Dollar Index Spot
Overview:
Last Price: 95.02
Daily change: -5.0 pips
Daily change: -0.0526%
Daily Open: 95.07
Trends:
Daily SMA20: 95.04
Daily SMA50: 95.23
Daily SMA100: 94.87
Daily SMA200: 92.78
Levels:
Daily High: 95.37
Daily Low: 94.95
Weekly High: 96.16
Weekly Low: 94.95
Monthly High: 96.16
Monthly Low: 93.81
Daily Fibonacci 38.2%: 95.11
Daily Fibonacci 61.8%: 95.21
Daily Pivot Point S1: 94.89
Daily Pivot Point S2: 94.71
Daily Pivot Point S3: 94.47
Daily Pivot Point R1: 95.31
Daily Pivot Point R2: 95.55
Daily Pivot Point R3: 95.73
