Home US Dollar Index Technical Analysis: DXY under pressure below the 2018 high – 96.87 bear target
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US Dollar Index Technical Analysis: DXY under pressure below the 2018 high – 96.87 bear target

DXY daily chart

  • The US Dollar Index (DXY) is trading in a bull trend above its main simple moving averages.
  • Bulls have not been able to sustain prices above the 2018 and 2019 highs.

DXY 4-hour chart

  • DXY is trading above its main SMAs suggesting bullish momentum in the medium-term.
  • However, the break below 97.40 resistance can lead to a bearish move down to 96.87 support.

Additional key levels

Dollar Index Spot

Overview:
       Today Last Price:  97.18
       Today Daily change:  -0.19  points
       Today Daily change %:  -0.20%
       Today Daily Open:  97.37
Trends:
       Daily SMA20:  96.73
       Daily SMA50:  96.3
       Daily SMA100:  96.54
       Daily SMA200:  95.73
Levels:
       Previous Daily High:  97.64
       Previous Daily Low:  97.24
       Previous Weekly High:  97.71
       Previous Weekly Low:  96.4
       Previous Monthly High:  97.37
       Previous Monthly Low:  95.4
       Daily Fibonacci 38.2%:  97.39
       Daily Fibonacci 61.8%:  97.49
       Daily Pivot Point S1:  97.19
       Daily Pivot Point S2:  97.02
       Daily Pivot Point S3:  96.79
       Daily Pivot Point R1:  97.59
       Daily Pivot Point R2:  97.82
       Daily Pivot Point R3:  97.99

 

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