Home DXY Technical Analysis: The index appears underpinned by the short-term support line at 96.47
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DXY Technical Analysis: The index appears underpinned by the short-term support line at 96.47

  • The index has managed to regains the 97.00 handle and above on Monday after bottoming out in the 96.70 region earlier in the day.
  • The constructive bias in the buck remains underpinned by the short-term support line, today at 96.47, and therefore keeps targeting YTD peaks near 97.70 (November 12).
  • Below this key area aligns the 55-day SMA at 96.00, coincident with mid-November lows and a Fibo retracement of the 2017-2018 drop.

DXY daily chart

 

 

 

 

 

 

 

 

 

 

 

 

 

Dollar Index Spot

Overview:
       Today Last Price:  97.07
       Today Daily change:  -12  pips
       Today Daily change %:  -0.123%
       Today Daily Open:  97.19
Trends:
       Previous Daily SMA20:  96.81
       Previous Daily SMA50:  96.14
       Previous Daily SMA100:  95.61
       Previous Daily SMA200:  93.9
Levels:
       Previous Daily High:  97.31
       Previous Daily Low:  96.71
       Previous Weekly High:  97.54
       Previous Weekly Low:  96.62
       Previous Monthly High:  97.7
       Previous Monthly Low:  95.68
       Previous Daily Fibonacci 38.2%:  97.08
       Previous Daily Fibonacci 61.8%:  96.94
       Previous Daily Pivot Point S1:  96.83
       Previous Daily Pivot Point S2:  96.47
       Previous Daily Pivot Point S3:  96.23
       Previous Daily Pivot Point R1:  97.43
       Previous Daily Pivot Point R2:  97.67
       Previous Daily Pivot Point R3:  98.03

 

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