Home US Dollar Index Technical Analysis: Recovery could see the 55-day SMA at 96.43 re-tested
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US Dollar Index Technical Analysis: Recovery could see the 55-day SMA at 96.43 re-tested

  • The index is prolonging the rebound from last week’s lows and is now flirting with the critical barrier at 96.00 the figure on the back of a broad-based supportive tone in the buck.
  • Further north emerges a Fibo retracement at 96.22 along with the 55-day SMA at 96.43.
  • Late January highs near 96.70 should emerge on the horizon is that area is cleared, allowing for a visit to YTD highs in the 97.00 neighbourhood.

DXY daily chart

Dollar Index Spot

Overview:
       Today Last Price:  95.95
       Today Daily change:  0.13  pips
       Today Daily change %:  0.14%
       Today Daily Open:  95.82
Trends:
       Daily SMA20:  95.88
       Daily SMA50:  96.45
       Daily SMA100:  96.16
       Daily SMA200:  95.32
Levels:
       Previous Daily High:  95.92
       Previous Daily Low:  95.58
       Previous Weekly High:  95.98
       Previous Weekly Low:  95.16
       Previous Monthly High:  96.96
       Previous Monthly Low:  95.03
       Daily Fibonacci 38.2%:  95.79
       Daily Fibonacci 61.8%:  95.71
       Daily Pivot Point S1:  95.63
       Daily Pivot Point S2:  95.43
       Daily Pivot Point S3:  95.29
       Daily Pivot Point R1:  95.97
       Daily Pivot Point R2:  96.11
       Daily Pivot Point R3:  96.31

 

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