Home US Dollar Index Technical Analysis: DXY diving towards 95.40 bear target
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US Dollar Index Technical Analysis: DXY diving towards 95.40 bear target

DXY daily chart

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

DXY 4-hour chart

  • DXY is trading below its main SMAs suggesting a bearish bias.  
  • The 95.40 bear target remains in place.  

DXY 30-minute chart

  • DXY is trading below the main SMAs suggesting a bearish bias in the short-term.
  • The 96.10 target  has been reached while 95.90 is still on the cards for bears in the short-term.
  • To the upside, resistances are located at 96.10 and 96.35 level.

 

Additional key levels  

Dollar Index Spot

Overview:
       Today Last Price:  96.07
       Today Daily change:  -37 ticks
       Today Daily change %:  -0.38%
       Today Daily Open:  96.44
Trends:
       Daily SMA20:  96.41
       Daily SMA50:  96.33
       Daily SMA100:  96.43
       Daily SMA200:  95.61
Levels:
       Previous Daily High:  96.61
       Previous Daily Low:  96.32
       Previous Weekly High:  97.08
       Previous Weekly Low:  96.29
       Previous Monthly High:  96.96
       Previous Monthly Low:  95.03
       Daily Fibonacci 38.2%:  96.43
       Daily Fibonacci 61.8%:  96.5
       Daily Pivot Point S1:  96.3
       Daily Pivot Point S2:  96.17
       Daily Pivot Point S3:  96.01
       Daily Pivot Point R1:  96.59
       Daily Pivot Point R2:  96.75
       Daily Pivot Point R3:  96.88

 

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