Home US Dollar Index Technical Analysis: DXY bulls can lift the market to 96.60
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US Dollar Index Technical Analysis: DXY bulls can lift the market to 96.60

DXY daily chart

  • The US Dollar Index (DXY) is trading in a bull trend above the 200-period simple moving average (SMA).  
  • Bears broke below the 100 SMA.

DXY 4-hour chart

  • DXY broke below the 96.00 figure.

DXY 30-minute chart

  • DXY reclaimed the 50 SMA and is now challenging the 100 SMA.  
  • As bulls are coming back a break above 96.00 would open the gates to 96.60.  
  • On the flip side, 95.60 is the level to beat for bears. A breach of the level would open the door to 95.30.  

Additional key levels  

Dollar Index Spot

Overview:
       Today Last Price:  95.92
       Today Daily change:  23  pips
       Today Daily change %:  0.240%
       Today Daily Open:  95.69
Trends:
       Previous Daily SMA20:  96.76
       Previous Daily SMA50:  96.79
       Previous Daily SMA100:  96
       Previous Daily SMA200:  94.76
Levels:
       Previous Daily High:  96.12
       Previous Daily Low:  95.64
       Previous Weekly High:  96.96
       Previous Weekly Low:  95.82
       Previous Monthly High:  97.71
       Previous Monthly Low:  96.06
       Previous Daily Fibonacci 38.2%:  95.82
       Previous Daily Fibonacci 61.8%:  95.94
       Previous Daily Pivot Point S1:  95.51
       Previous Daily Pivot Point S2:  95.34
       Previous Daily Pivot Point S3:  95.03
       Previous Daily Pivot Point R1:  95.99
       Previous Daily Pivot Point R2:  96.3
       Previous Daily Pivot Point R3:  96.47

 

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