- The solid momentum around the greenback stays unabated so far today and is now pushing DXY to test fresh 2-month peaks near 96.60.
- The next up barrier aligns at 2018 tops at 96.98 seen in mid-August, while further gains should aim to 97.87, where converge a Fibo retracement of the 2017-2018 drop and June 2017 peak.
- Also sustaining the upside, the index keeps extending the breakout of the top of the daily cloud.
- On the broader scenario, the greenback should remain bid while above July’s low at 93.71.
DXY daily chart
Dollar Index Spot
Overview:
Last Price: 96.58
Daily change: 15 pips
Daily change: 0.156%
Daily Open: 96.43
Trends:
Daily SMA20: 95.58
Daily SMA50: 95.2
Daily SMA100: 95
Daily SMA200: 92.94
Levels:
Daily High: 96.53
Daily Low: 95.91
Weekly High: 96.09
Weekly Low: 94.79
Monthly High: 95.74
Monthly Low: 93.81
Daily Fibonacci 38.2%: 96.29
Daily Fibonacci 61.8%: 96.15
Daily Pivot Point S1: 96.05
Daily Pivot Point S2: 95.67
Daily Pivot Point S3: 95.43
Daily Pivot Point R1: 96.67
Daily Pivot Point R2: 96.91
Daily Pivot Point R3: 97.29
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