Home US Dollar Index Technical Analysis: DXY bulls disappoints as 97.30 resistance caps the upside
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US Dollar Index Technical Analysis: DXY bulls disappoints as 97.30 resistance caps the upside

DXY daily chart

  • The US Dollar Index (DXY) is trading in a bull trend above the 200-period simple moving average (SMA).  
  • DXY printed a small doji bar this Thursday, hardly a strong bullish continuation pattern.

DXY 4-hour chart

  • DXY is maintaining the price above the 97.00 level and the 50, 100 and 200 SMAs.  

DXY 30-minute chart

  • DXY is trapped in a range between the 96.90 and 97.30 levels.  
  • Bears have a slight advantage as 96.90 can be the next target.  

 

Additional key resistance

Dollar Index Spot

Overview:
       Today Last Price:  97.09
       Today Daily change:  4.0  pips
       Today Daily change %:  0.0412%
       Today Daily Open:  97.05
Trends:
       Previous Daily SMA20:  96.9
       Previous Daily SMA50:  96.47
       Previous Daily SMA100:  95.8
       Previous Daily SMA200:  94.18
Levels:
       Previous Daily High:  97.49
       Previous Daily Low:  96.89
       Previous Weekly High:  97.21
       Previous Weekly Low:  96.37
       Previous Monthly High:  97.7
       Previous Monthly Low:  95.68
       Previous Daily Fibonacci 38.2%:  97.12
       Previous Daily Fibonacci 61.8%:  97.26
       Previous Daily Pivot Point S1:  96.8
       Previous Daily Pivot Point S2:  96.54
       Previous Daily Pivot Point S3:  96.2
       Previous Daily Pivot Point R1:  97.4
       Previous Daily Pivot Point R2:  97.74
       Previous Daily Pivot Point R3:  98

 

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