Home US Dollar Index Technical Analysis: DXY loses steam and closes below 97.00 figure
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US Dollar Index Technical Analysis: DXY loses steam and closes below 97.00 figure

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

  • DXY is trading above its main SMAs suggesting bullish momentum in the medium-term.  

DXY 30-minute chart

  • DXY is trading below its main SMAs suggesting a bearish bias in the short-term.
  • Bears will be trying to break below 96.70 to reach 96.40 to the downside.
  • On the way up, resistances are seen at 97.00 and 97.20 level.

Additional key levels

Dollar Index Spot

Overview:
       Today Last Price:  96.88
       Today Daily change: – 14  pips
       Today Daily change %:  -0.14%
       Today Daily Open:  97.02
Trends:
       Daily SMA20:  96.26
       Daily SMA50:  96.4
       Daily SMA100:  96.35
       Daily SMA200:  95.49
Levels:
       Previous Daily High:  97.29
       Previous Daily Low:  96.95
       Previous Weekly High:  96.69
       Previous Weekly Low:  95.58
       Previous Monthly High:  96.96
       Previous Monthly Low:  95.03
       Daily Fibonacci 38.2%:  97.08
       Daily Fibonacci 61.8%:  97.16
       Daily Pivot Point S1:  96.88
       Daily Pivot Point S2:  96.75
       Daily Pivot Point S3:  96.54
       Daily Pivot Point R1:  97.22
       Daily Pivot Point R2:  97.43
       Daily Pivot Point R3:  97.56

 

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