Home US Dollar Index Technical Analysis: Upside remains firm. Door open for a visit to 97.00
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US Dollar Index Technical Analysis: Upside remains firm. Door open for a visit to 97.00

  • DXY is extending the strong rebound from yearly lows in the 95.00 neighbourhood, managing to retake 96.00 the figure and pierce the base of the daily cloud.
  • The continuation of the bull run appears likely in the near term, with the immediate target now at the 97.00 handle, or YTD peaks.
  • The interim hurdle aligns at the 55-day SMA, today at 96.60, ahead of the 23.6% Fibo retracement of the September-December up move.

DXY daily chart

Dollar Index Spot

Overview:
       Today Last Price:  96.33
       Today Daily change:  -0.04  pips
       Today Daily change %:  -0.04%
       Today Daily Open:  96.37
Trends:
       Daily SMA20:  96.18
       Daily SMA50:  96.65
       Daily SMA100:  96.07
       Daily SMA200:  95.02
Levels:
       Previous Daily High:  96.4
       Previous Daily Low:  96.01
       Previous Weekly High:  96.4
       Previous Weekly Low:  95.47
       Previous Monthly High:  97.71
       Previous Monthly Low:  96.06
       Daily Fibonacci 38.2%:  96.25
       Daily Fibonacci 61.8%:  96.16
       Daily Pivot Point S1:  96.12
       Daily Pivot Point S2:  95.87
       Daily Pivot Point S3:  95.73
       Daily Pivot Point R1:  96.51
       Daily Pivot Point R2:  96.65
       Daily Pivot Point R3:  96.9

 

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