Home US Dollar Technical Analysis: Mission Accomplished for bulls as DXY hits 96.00 figure – What is next?
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US Dollar Technical Analysis: Mission Accomplished for bulls as DXY hits 96.00 figure – What is next?

DXY daily chart

  • The US Dollar Index (DXY) is trading in a bull trend above the 200-period simple moving average (SMA).  
  • The market is testing the 100 SMA.
  • As forecast on January 9, DXY hit the 96.00 target.

DXY 4-hour chart

  • DXY bulls reclaimed the 50 SMA but found some resistance at the 96.00 figure.

DXY 30-minute chart

  • In the short-term traders can expect a drop to 95.70.

Additional key levels

Dollar Index Spot

Overview:
       Today Last Price:  95.94
       Today Daily change:  34  pips
       Today Daily change %:  0.356%
       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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