Home US Dollar Index Technical Analysis: Greenback bulls to target 96.00 figure in the short-term
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US Dollar Index Technical Analysis: Greenback bulls to target 96.00 figure in the short-term

DXY daily chart

  • The US Dollar Index (DXY) is in a bull trend above 200-day simple moving average (SMA).
  • However, bears are trading below the 50 and 100 SMAs.

DXY 4-hour chart

  • DXY is trading below the main SMAs, suggesting bearish momentum in the medium-term.

DXY 30-minute chart

  • DXY found some support at 95.70 suggesting a potential short-term  rebound to 96.00 and 96.20 if the bulls gather enough steam.  
  • The next level of support to the downside is seen at 95.50.

Additional key level

Dollar Index Spot

Overview:
       Today Last Price:  95.76
       Today Daily change:  0.00  pips
       Today Daily change %:  0.00%
       Today Daily Open:  95.76
Trends:
       Daily SMA20:  96.05
       Daily SMA50:  96.56
       Daily SMA100:  96.12
       Daily SMA200:  95.18
Levels:
       Previous Daily High:  96.56
       Previous Daily Low:  95.75
       Previous Weekly High:  96.68
       Previous Weekly Low:  95.75
       Previous Monthly High:  97.71
       Previous Monthly Low:  96.06
       Daily Fibonacci 38.2%:  96.06
       Daily Fibonacci 61.8%:  96.25
       Daily Pivot Point S1:  95.49
       Daily Pivot Point S2:  95.21
       Daily Pivot Point S3:  94.68
       Daily Pivot Point R1:  96.3
       Daily Pivot Point R2:  96.83
       Daily Pivot Point R3:  97.11

 

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