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  • The index has managed to bounce off recent 3-week lows in the 95.80 region and has regained the 96.00 handle and above.
  • Extra gains should meet a moderate hurdle in the 96.40/50 band, where converge the 10-, 100- and 21-say SMAs.
  • Provided the greenback stays above the critical 200-day SMA at 95.65, the likeliness of the continuation of the up move remains well on the cards.

DXY daily chart

Dollar Index Spot

Overview:
       Today Last Price:  96.37
       Today Daily change:  16  pips
       Today Daily change %:  0.16%
       Today Daily Open:  96.22
Trends:
       Daily SMA20:  96.49
       Daily SMA50:  96.27
       Daily SMA100:  96.44
       Daily SMA200:  95.64
Levels:
       Previous Daily High:  96.28
       Previous Daily Low:  95.82
       Previous Weekly High:  97.08
       Previous Weekly Low:  96.29
       Previous Monthly High:  97.37
       Previous Monthly Low:  95.4
       Daily Fibonacci 38.2%:  96.1
       Daily Fibonacci 61.8%:  96
       Daily Pivot Point S1:  95.93
       Daily Pivot Point S2:  95.65
       Daily Pivot Point S3:  95.47
       Daily Pivot Point R1:  96.39
       Daily Pivot Point R2:  96.57
       Daily Pivot Point R3:  96.85