Home US Dollar Index Technical Analysis: Rising bets for a test of 2018 highs around 97.70
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US Dollar Index Technical Analysis: Rising bets for a test of 2018 highs around 97.70

  • The index moved higher and printed fresh 2019 highs during overnight trading in the 97.25/30 band, just to ease some pips afterwards.
  • DXY thus remains poised for a visit to 2018 peaks at 97.71 recorded in late December.
  • In the meantime, the constructive outlook on the buck is expected to remain intact as long as the 200-day SMA at 95.49 underpins.

DXY daily chart

Dollar Index Spot

Overview:
       Today Last Price:  97.05
       Today Daily change:  20  pips
       Today Daily change %:  -0.14%
       Today Daily Open:  97.19
Trends:
       Daily SMA20:  96.21
       Daily SMA50:  96.4
       Daily SMA100:  96.32
       Daily SMA200:  95.47
Levels:
       Previous Daily High:  97.19
       Previous Daily Low:  96.63
       Previous Weekly High:  96.69
       Previous Weekly Low:  95.58
       Previous Monthly High:  96.96
       Previous Monthly Low:  95.03
       Daily Fibonacci 38.2%:  96.98
       Daily Fibonacci 61.8%:  96.84
       Daily Pivot Point S1:  96.82
       Daily Pivot Point S2:  96.44
       Daily Pivot Point S3:  96.26
       Daily Pivot Point R1:  97.38
       Daily Pivot Point R2:  97.56
       Daily Pivot Point R3:  97.94

 

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