Home US Dollar Index Technical Analysis: A potential test to the 200-day SMA at 94.91 remains on the cards
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US Dollar Index Technical Analysis: A potential test to the 200-day SMA at 94.91 remains on the cards

  • DXY is struggling for direction on Monday, looking to prolong the positive momentum for the third session in a row following late last week’s gains.
  • However, the resumption of the recent downtrend remains a possibility, and with it the likeliness of a re-visit to the critical 200-day SMA at 94.91 ahead of September lows in the 93.80 area.
  • On the other hand, downside pressure should mitigate on a surpass of the 95.88/96.00 band.

DXY daily chart

Dollar Index Spot

Overview:
       Today Last Price:  95.66
       Today Daily change:  -3.0  pips
       Today Daily change %:  -0.0314%
       Today Daily Open:  95.69
Trends:
       Previous Daily SMA20:  96.44
       Previous Daily SMA50:  96.69
       Previous Daily SMA100:  96
       Previous Daily SMA200:  94.86
Levels:
       Previous Daily High:  95.76
       Previous Daily Low:  95.19
       Previous Weekly High:  96.12
       Previous Weekly Low:  95.03
       Previous Monthly High:  97.71
       Previous Monthly Low:  96.06
       Previous Daily Fibonacci 38.2%:  95.54
       Previous Daily Fibonacci 61.8%:  95.41
       Previous Daily Pivot Point S1:  95.33
       Previous Daily Pivot Point S2:  94.98
       Previous Daily Pivot Point S3:  94.76
       Previous Daily Pivot Point R1:  95.9
       Previous Daily Pivot Point R2:  96.12
       Previous Daily Pivot Point R3:  96.47

 

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