- The index is extending its march north in the first half of the week and is now trading at shouting distance from the critical barrier at 96.00 the figure.
- The area of resistance around the 96.00 milestone is reinforced by the 100-day SMA, today at 96.01. DXY needs to surpass this area in order to mitigate the downside pressure.
- In the meantime, a loss of the 95.00 handle should open the door for further weakness towards the critical 200-day SMA at 94.91.
DXY daily chart
Dollar Index Spot
Overview:
Today Last Price: 95.85
Today Daily change: 25 pips
Today Daily change %: 0.262%
Today Daily Open: 95.6
Trends:
Previous Daily SMA20: 96.34
Previous Daily SMA50: 96.67
Previous Daily SMA100: 96.01
Previous Daily SMA200: 94.89
Levels:
Previous Daily High: 95.72
Previous Daily Low: 95.48
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%: 95.57
Previous Daily Fibonacci 61.8%: 95.63
Previous Daily Pivot Point S1: 95.48
Previous Daily Pivot Point S2: 95.36
Previous Daily Pivot Point S3: 95.24
Previous Daily Pivot Point R1: 95.72
Previous Daily Pivot Point R2: 95.84
Previous Daily Pivot Point R3: 95.96
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