Home US Dollar Index Technical Analysis: The greenback regained the 96.00 handle. Scope for a move higher
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US Dollar Index Technical Analysis: The greenback regained the 96.00 handle. Scope for a move higher

  • DXY keeps the multi-session rally well and sound so far today, managing to surpass the key 96.00 handle and advance to the boundaries of 96.30, where emerges a Fibo retracement and it lost some momentum.
  • Extra gains are now facing the initial hurdle at the 55-day SMA at 96.43 ahead of 96.68 (high January 24).
  • Once this area is cleared, 2019 peaks just below 97.00 the figure should return to investors’ radar.

DXY daily chart

Dollar Index Spot

Overview:
       Today Last Price:  96.15
       Today Daily change:  0.07  pips
       Today Daily change %:  0.07%
       Today Daily Open:  96.08
Trends:
       Daily SMA20:  95.89
       Daily SMA50:  96.43
       Daily SMA100:  96.17
       Daily SMA200:  95.34
Levels:
       Previous Daily High:  96.12
       Previous Daily Low:  95.81
       Previous Weekly High:  95.98
       Previous Weekly Low:  95.16
       Previous Monthly High:  96.96
       Previous Monthly Low:  95.03
       Daily Fibonacci 38.2%:  96
       Daily Fibonacci 61.8%:  95.93
       Daily Pivot Point S1:  95.89
       Daily Pivot Point S2:  95.69
       Daily Pivot Point S3:  95.58
       Daily Pivot Point R1:  96.2
       Daily Pivot Point R2:  96.31
       Daily Pivot Point R3:  96.51

 

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