Home US Dollar IndexTechnical Analysis: DXY bulls drive the market up to 95.63 resistance
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US Dollar IndexTechnical Analysis: DXY bulls drive the market up to 95.63 resistance

DXY daily chart

  • The US Dollar Index (DXY) is in a bull trend above 200-day simple moving average (SMA).

DXY 4-hour chart

  • DXY is trading below its main SMAs suggesting a bearish bias in the medium-term.  

DXY 30-minute chart

  • DXY found resistance at 95.63 and the 50 SMA. A break above this level is needed for DXY bulls to extend Thursday’s  bull move to 96.00 figure.
  • If bears keep DXY below the 95.63 resistance they can target the 95.20 level.

Additional key levels

Dollar Index Spot

Overview:
       Today Last Price:  95.57

       Today Daily change %:  0.15%
       Today Daily Open:  95.43
Trends:
       Daily SMA20:  95.94
       Daily SMA50:  96.51
       Daily SMA100:  96.13
       Daily SMA200:  95.26
Levels:
       Previous Daily High:  95.98
       Previous Daily Low:  95.25
       Previous Weekly High:  96.68
       Previous Weekly Low:  95.75
       Previous Monthly High:  97.71
       Previous Monthly Low:  96.06
       Daily Fibonacci 38.2%:  95.53
       Daily Fibonacci 61.8%:  95.7
       Daily Pivot Point S1:  95.13
       Daily Pivot Point S2:  94.82
       Daily Pivot Point S3:  94.4
       Daily Pivot Point R1:  95.86
       Daily Pivot Point R2:  96.28
       Daily Pivot Point R3:  96.59

 

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