Home US Dollar Index Technical Analysis: DXY ending the week near 96.50 level
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US Dollar Index Technical Analysis: DXY ending the week near 96.50 level

DXY daily chart

  • The US Dollar Index (DXY) is trading in a bull trend above its main simple moving averages (SMAs).  

DXY 4-hour chart

  • The head-and-shoulders pattern suggests continued  weakness ahead with 95.40 as main support.  
  • Resistances are at 96.70 and 97.10 level.

DXY 30-minute chart

  • DXY is trading below the main SMAs suggesting a bearish market in the short-term.
  • Bears should try to break below 96.40 to get to 96.10, 95.90 and 95.40 to the downside.
  • To the upside, resistances are at 96.70 and 96.90 level.

Additional key levels:

Dollar Index Spot

Overview:
       Today Last Price:  96.55
       Today Daily change:  -6  pips
       Today Daily change %:  -0.06%
       Today Daily Open:  96.61
Trends:
       Daily SMA20:  96.34
       Daily SMA50:  96.36
       Daily SMA100:  96.41
       Daily SMA200:  95.58
Levels:
       Previous Daily High:  96.67
       Previous Daily Low:  96.36
       Previous Weekly High:  97.37
       Previous Weekly Low:  96.62
       Previous Monthly High:  96.96
       Previous Monthly Low:  95.03
       Daily Fibonacci 38.2%:  96.55
       Daily Fibonacci 61.8%:  96.48
       Daily Pivot Point S1:  96.42
       Daily Pivot Point S2:  96.24
       Daily Pivot Point S3:  96.11
       Daily Pivot Point R1:  96.73
       Daily Pivot Point R2:  96.86
       Daily Pivot Point R3:  97.04

 

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