US Dollar Index (DXY) 4-hour chart
-636778296051417013.png)
- The US Dollar Index (DXY) is trading in a bull trend above the 200-day simple moving average.
- DXY has created a 5-wave pattern. The market is likely in correction mode with a potential target at 96.00 figure.
- A break above 97.70 (2018 high) might lead to a continuation up, however, the pullback down is more likely at this stage.
Additional key levels at a glance:
Dollar Index Spot
Overview:
Last Price: 97.05
Daily change: -11 pips
Daily change: -0.113%
Daily Open: 97.16
Trends:
Daily SMA20: 96.47
Daily SMA50: 95.6
Daily SMA100: 95.32
Daily SMA200: 93.44
Levels:
Daily High: 97.69
Daily Low: 97.08
Weekly High: 97.01
Weekly Low: 95.68
Monthly High: 97.2
Monthly Low: 94.79
Daily Fibonacci 38.2%: 97.31
Daily Fibonacci 61.8%: 97.46
Daily Pivot Point S1: 96.93
Daily Pivot Point S2: 96.7
Daily Pivot Point S3: 96.32
Daily Pivot Point R1: 97.54
Daily Pivot Point R2: 97.92
Daily Pivot Point R3: 98.15
Share
