- The greenback, tracked by the DXY, has resumed the downside at the beginning of the week and is now flirting with the key 21-day SMA near 96.40.
- The continuation of the selling bias should see the Fibo retracement of the September-December up move at 96.22 retested.
- In the meantime, the outlook on the index is expected to remain constructive while above the short-term support line, today at 95.40 and the 200-day SMA at 95.61.
DXY daily chart
Dollar Index Spot
Overview:
Today Last Price: 96.39
Today Daily change: 17 pips
Today Daily change %: -0.17%
Today Daily Open: 96.55
Trends:
Daily SMA20: 96.38
Daily SMA50: 96.35
Daily SMA100: 96.42
Daily SMA200: 95.59
Levels:
Previous Daily High: 96.78
Previous Daily Low: 96.43
Previous Weekly High: 97.08
Previous Weekly Low: 96.29
Previous Monthly High: 96.96
Previous Monthly Low: 95.03
Daily Fibonacci 38.2%: 96.56
Daily Fibonacci 61.8%: 96.65
Daily Pivot Point S1: 96.39
Daily Pivot Point S2: 96.24
Daily Pivot Point S3: 96.04
Daily Pivot Point R1: 96.74
Daily Pivot Point R2: 96.94
Daily Pivot Point R3: 97.09